By Choi He-suk Korea’s top companies are bracing for the New Year challenges of both consolidating their market leadership and developing new growth businesses. Innovation, quality, future growth, core capabilities and human resources are keywords in the New Year’s messages of leading companies as they put out strategies to tackle global uncertainties, a slowing overseas demand and tougher chal...

Hyundai Motor Group announced Sunday that the combined sales of Hyundai Motor Co. and Kia Motors Corp. in China came in at 1.1 million units last year, up 28.2 percent compared to 2009. With the increase, the group took 9 percent of the Chinese market and became the second-largest automotive group operating in China, the company said. Hyundai was fourth with about 700,000 units sold in China wh...