Hyundai’s Sonata named best sedan in Saudi Arabia
IndustryDecember 16, 2019
The freshly revamped Sonata by Hyundai Motor was named the best sedan at a motor show held in Saudi Arabia last week, raising prospects for its sales performance in the Middle East. In a vote by a g...
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Naver Financial attracts W800b investment from Mirae AssetTransportDecember 13, 2019Naver Financial, a financial platform by South Korean internet giant Naver, has attracted an investment of about 800 billion won ($683 million) from its financial partner Mirae Asset, the company sai... -
Hyundai Motor jumps into Indonesian ride-hailing marketTransportDecember 13, 2019Hyundai Motor said Friday it has delivered the first batch of 20 Ioniq EVs to Indonesia, entering the ride-hailing market in the Southeast Asian country in partnership with Grab. The South Korean ca...
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K5 preorders set new record for KiaTransportDecember 12, 2019The number of all-new K5 preorders has set a fresh record of more than 16,000 units sold in just three weeks, Kia Motors said Thursday as it launched the third-generation of the popular sedan officia... -
Hanwha names Lee Tae-kil as new communications headIndustryDecember 12, 2019Hanwha Group named Lee Tae-kil, executive vice president of the group’s compliance committee, as the head of its communications committee in an annual executive reshuffle, officials said Thursday. L... -
Posco Energy tie-up with FCE faces hurdleIndustryDecember 11, 2019An envisioned joint venture between Posco Energy and US-based FuelCell Energy is making little progress due to mutual differences, an industry insider said Wednesday. The energy unit of steel giant ... -
![[Behind the Wheel] Why Mercedes-Benz GLB has it all](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=601&simg=/content/image/2019/12/09/20191209000267_0.jpg)
[Behind the Wheel] Why Mercedes-Benz GLB has it allTransportDecember 9, 2019MALAGA, Spain -- It may be difficult to have it all, but Mercedes-Benz’s new compact SUV lineup of the GLB has certainly tried its very best. It’s a luxury family car with enough spacious cabin room... -
Half of Hyundai, Kia cars sold in US are SUVsTransportDecember 8, 2019More than a half of new cars manufactured by South Korean carmakers Hyundai and Kia sold in US were sport utility vehicles, reaching the highest mark since they launched operations in the world’s sec... -
#Hyundai Oilbank to launch new brand for oil with less sulfurIndustryDecember 5, 2019Hyundai Oilbank to launch new brand for oil with less sulfur By Cho Chung-un South Korea’s major oil refiner Hyundai Oilbank said Thursday it plans to launch a new brand of its very-low sulfur fuel... -
Kia to accelerate sales in India as new plant kicks offTransportDecember 5, 2019Celebrating the launch of its latest overseas plant in India, Kia Motors said Thursday it will expand its portfolio of “Made-in-India” products next year and introduce fully digitalized sales and ser... -
GS Group chairman retires, passes baton to younger brotherIndustryDecember 3, 2019GS Group said Tuesday that Huh Tae-soo, vice chairman of its TV shopping channel subsidiary, will lead the energy-to-retail giant and also be chairman of its board. The leadership succession at Sout... -
Heads of Posco, SK say CSR new business opportunityIndustryDecember 3, 2019The heads of South Korea’s two major conglomerates, Posco and SK Group, attended a rare joint event Tuesday to promote corporate social responsibility, indicating a possible partnership to generate s... -
Monthly sales of Renault Samsung’s QM6 surge 50% on-yearTransportDecember 2, 2019Renault Samsung, a South Korean subsidiary of the French carmaker, sold 5,648 units of its sport utility vehicle QM6 in November, up 50 percent from the same month last year, the company said Monday.... -
7 importers to recall over 12,000 vehiclesTransportDecember 2, 2019Seven distributors of foreign car brands in South Korea are voluntarily recalling more than 12,000 vehicles over faulty parts, the Ministry of Transport said Monday. Audi Volkswagen Korea, FCA Korea... -
Hanwha chief’s eldest son promoted to Hanwha Q Cells VPTransportDecember 2, 2019Kim Dong-kwan, the eldest son of Hanwha Group Chairman Kim Seung-youn, has been promoted as the vice president of Hanwha Q Cells and Advanced Materials, the conglomerate’s solar panel maker. The 36-...
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