The Korea Herald

[Feature] Used car sales become lucrative business for imported automakers

TransportApr 6, 2020

In February, Porsche opened its latest certified secondhand car center in Seoul, directly operated by its official dealer Autostadt. Porsche said its secondhand car business called Porsche Approved ...
[News Focus] SsangYong Motor back on the brink after Mahindra scraps investment plan

TransportApr 5, 2020

He has also met with high-ranked officials from institutions directly run by Cheong Wa Dae, including Lee Mok-hee, who is in charge of the presidential job committee, to seek support from the Korean ...
Virus-stricken air carriers tighten belts with reconstructing, downsizing

TransportApr 2, 2020

Korean air carriers that have been hit hard by the COVID-19 pandemic are undergoing restructuring to downsize the workforce amid continued losses from reduced passengers and suspensions of internatio...
Hyundai Motor to open mobility innovation center in Singapore by 2022

TransportMar 31, 2020

Hyundai Motor Group said Tuesday that it would open a mobility innovation center in Singapore to focus on developing and producing future mobility solutions by 2022. The automaker’s new global lab c...
Kumho Tire wins Red Dot Design Award 2020

TransportMar 30, 2020

South Korea’s Kumho Tire said Monday that its Solus 4S HA32 has won the Red Dot Design Award 2020. According to the tire maker, Solus HA32 is specially designed for road conditions in Europe, offeri...
Genesis launches revamped third-generation G80

TransportMar 30, 2020

Despite a coupe-like frame, the automaker said it has expanded the rear seat area by 4 millimeters for headroom and 2 millimeters for legroom, by lowering the second row seats. Three engine options ...
[News Focus] Hanjin to ‘make painstaking self-rescue efforts’

IndustryMar 29, 2020

Hanjin Group Chairman Cho Won-tae, who was reelected as executive director of Hanjin KAL over the objections of many, including his own sister, faces the challenge of proving his leadership capabilit...
Hanjin Group Chairman Cho Won-tae reelected as executive director of Hanjin KAL

TransportMar 27, 2020

Hanjin Group Chairman Cho Won-tae was reappointed as executive director of Hanjin KAL, the holding company of Hanjin Group that owns Korean Air, on Friday, a much anticipated result despite a monthsl...
Hyundai Motor Group promotes Kia’ vice president, appoints foreign leaders

TransportMar 27, 2020

Paesen has conducted various design projects at global carmakers such as Volkswagen and BMW. His design of super electric vehicle EP9 and the compact sport utility electric vehicle of model ES8, con...
Hyundai Motor, Aptiv complete deal for autonomous driving

TransportMar 27, 2020

Hyundai Motor Group said Friday that it has completed the establishment of a 50:50 joint venture with the US software developer of autonomous vehicles Aptiv. The headquarters of the joint venture wi...
Hyundai Mobis' roof air bag gains US attention

TransportMar 26, 2020

Hyundai Mobis said Thursday that its air bag that ejects out from the sunroof has been evaluated and shared by the US National Highway Traffic Safety Administration. The first kind to be invented in...
Preorders for Hyundai’s new Avante accelerate on first day

TransportMar 26, 2020

Hyundai Motor said Thursday its steady-selling sedan Avante’s latest model has received 10,058 preorders on the first day of reservation. The number is double the average monthly sales figure of Ava...
FCA Korea President Pablo Rosso tapped as KAIDA chairman

TransportMar 25, 2020

Pablo Rosso, president and managing director of Fiat Chrysler Automobiles Korea, has been appointed as the 13th chairman of the Korea Automobile Importers & Distributors Association, according to the...
Han Sung Motor partners with esports firm Gen.G

TransportMar 25, 2020

Han Sung Motor, an official dealer of Mercedes-Benz Korea, said Wednesday that it has partnered with global esports company Gen.G, to expand its customer base by promoting the brand. Gen.G is a glob...
Yongsan Garrison apartment complex to open to public in April

IndustryMar 25, 2020

An apartment complex located inside the Yongsan Garrison -- US Forces Korea headquarters before its relocation to Pyeongtaek -- will be temporarily open to public from April 28, the Land Ministry sai...