Mercedes-Benz Korea on Wednesday unveiled its next-generation electric vehicle the Vision EQS concept car for the first time in South Korea. The Vision EQS was introduced to the public at the 2019 Frankfurt International Motor Show in September last year. The model shows the company’s design vision for future luxury electric sedans, according to the carmaker, which held its Vision EQS media pre...

Buckling down to further penetrate the popular sport utility vehicle market in South Korea despite the pandemic woes, Renault Samsung Motors on Wednesday launched its flagship compact SUV which has topped the European market since 2014. Captur is Renault Samsung’s second-generation revamped model and the second one to keep Renault’s diamond badge instead of being rebadged with the Renault Samsun...

Hyundai Motor Group said Tuesday it will establish a hydrogen bus charging station inside the country’s gateway Incheon International Airport by March next year. The carmaker will sign an agreement with Incheon International Airport Corp., Air Liquid Korea and Hydrogen Energy Network Corp. to boost hydrogen economy and establish low-carbon, eco-friendly airport environment. The agreement comes ...

Volvo Cars Korea said Monday that it has joined hands with SK Telecom to develop a next-generation infotainment system suitable for South Korean customers. The two sides have signed a contract to develop the system to offer Volvo customers here with a customized infotainment system, which would work as a basis for providing connected services, Volvo Cars Korea said. The automaker aims to gradua...

Hyundai Motor Group said Monday that it had established a “nontact” -- or non face-to-face -- IT development platform for software and program development tools amid increasing worldwide efforts to prevent the spread of the new coronavirus. The automaker said the new platform had been applied with a cloud system which allows connections from outside for software development and using the infrast...

South Korean air carriers, hit by unprecedented reduction in passenger traffic and suspension of routes over COVID-19, are slowly resuming international operations, according to industry sources Friday. Korean Air plans to open 32 out of 110 international routes from June 1. It will also resume operation of flights to Washington, Seattle, Vancouver and Toronto in 50 days after the routes have be...

Hyundai Motor Group said Friday it has signed a memorandum of understanding with the National IT Industry Promotion Agency for strategic development and management for open source software. Under the MOU, they will support each other to make use of open source softwares in the automotive manufacturing business to increase global competitiveness, as well as to establish a system for supply networ...

After Mercedes-Benz Korea was slapped with the largest-ever fine of 77.6 billion won ($63.4 million) by the Environment Ministry for rigging emissions data on diesel cars, the market paid attention to whether it would alter the imported car market here. The ministry on Wednesday said some 4,400 diesel cars of 14 models sold by Mercedes-Benz Korea, Nissan Korea and Porsche Korea between 2012 and ...

Hyundai Mobis, an auto parts making unit of Hyundai Motor Group, said Wednesday that it has developed the world’s first virtual engine sound system called Acoustic Vehicle Alert Sound with a vehicle’s grille cover. The system was created by making use of the grille cover of the electric car, which has a completely blocked front grille unlike a combustion engine car that has an open-type grille i...

Hyundai Motor Group said Wednesday that it has launched the latest version of its sport utility vehicle Palisade incorporating the highest-level trim, following consumer demand. The automaker has added the highest grade trim of 2020 Palisade called Calligraphy, a concept which was first introduced to the new Grandeur launched last year. The all-new Palisade has applied a special radiator and in...

GM Korea said Monday that its small sport utility vehicle Trax ranked No. 1 in the United States in the category for small SUVs in the first quarter. According to the automaker, an accumulated 28,242 units of Chevrolet Trax have been sold in the US from January to March, topping the list among 15 kinds of small SUVs sold there. Following Trax were Honda HR-V and Hyundai Motor’s Kona at 19,414 u...

Midsized construction company HDC Hyundai Development Company said Wednesday that it has postponed the schedule to complete the acquisition of Asiana Airlines, as more time is needed for the conditions precedent to be met, including a delayed foreign regulator’s approval. HDC said in a regulatory filing that the acquisition date has been resettled from April 30 to “a date agreed by both parties....

Hit by the unprecedented economic impact of the coronavirus epidemic, the country’s largest automaker, Hyundai Motor Group, is moving to focus on increasing domestic sales to recover from weakened exports. The strategy, also taken by other smaller automakers, is expected to further intensify the local market, according to industry sources. According to Hyundai Motor Group, it would reorganize t...

Sales and profits of global automakers declined over the economic impact of the COVID-19 crisis, market data showed Tuesday. With European countries like France having gone into lockdown in the first quarter, French automaker Renault Group recorded 19.2 percent fall in their sales from January to February, compared to the previous year. German automaker BMW also saw its sales dwindle by 20.6 pe...

The South Korean government has been spewing out financial support schemes for the struggling airline industry upon the novel coronavirus pandemic since February. But the measures exclude minor and infant-stage low-cost carriers that had acquired their operation licenses only last year, stoking concerns over their business outlook. It also rekindled criticisms that the Transport Ministry had has...