Most Popular
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Iran’s president found dead at helicopter crash site
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Seoul rolls out W250b package in bid to lure foreign talent
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N. Korea slams US subcritical nuclear test, vows measures to bolster nuclear deterrence
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Korea's increasing US investment mutually beneficial: report
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Yoon vetoes bill for special probe into young Marine's death
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SNU alums nabbed for digital sex crimes
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Minister warns against trusting NK stated intentions, says Moon misguided
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South Korea bans viral North Korea propaganda video praising Kim
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AI Seoul Summit to discuss ways to make AI equitable in Global South
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Hermes celebrates craftsmanship
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Hyundai Motor heir stresses customer-first value, partnerships with mobility firms
Hyundai Motor Group Executive Vice Chairman Chung Eui-sun has vowed to bring the focus back to customers and stressed that the group’s future success lies on building firm partnerships with global mobility companies. The remarks came during an event by Carlye Group as part of its annual conference, which invites the world’s political and business leaders to share insights. Chung had been invited to share his thoughts and priorities for the world’s fifth-largest automaker.&
May 23, 2019
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Vice transport minister opposes market entry of Uber
LEIPZIG, Germany -- Citing the role of taxis in Korea as a form of quasi-public transport, South Korea’s vice transport minister said Wednesday that he “disagrees” with the idea of global ride-hailing services like Uber and Lyft entering the local market.In an interview with Korean reporters covering the International Transport Forum in German city of Leipzig, Kim Jeong-ryeol, the second vice minister of transport, land and infrastructure, said that the Korean government was wo
May 23, 2019
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Global policy framework to enhance transport connectivity in spotlight
LEIPZIG, Germany -- Seeking to set standards to improve transport connectivity around the world and address concerted efforts on decreasing carbon emissions, a three-day forum was kicked off in the German city of Leipzig with more than 1,000 delegates from 70 countries.At the International Transport Forum, dubbed as Davos of Transport, around 40 ministers gathered to discuss a wide range of topics from vehicle-to-vehicle connectivity to new trade routes. South Korea holds the presidency of this
May 22, 2019
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[Foreign Execs in Korea: 1] Turning Hyundai Motor into agile global player
The Korea Herald is publishing a series of interviews with foreign executives at Korean firms on their role and vision for change, growth in the homogenous corporate world. -- Ed.What drove the former BMW executive to take on the heart of the research and development unit of Hyundai Motor four years ago was the strategic vision of the carmaker’s heir and Korean engineers’ ambition for perfection.In an interview with The Korea Herald, Albert Biermann, the head of R&D at Hyundai Mo
May 22, 2019
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Renault Samsung union rejects tentative deal on wages
The labor union of Renault Samsung Motors Corp. on Tuesday voted down a tentative deal on wages and working conditions that it reached with the company last week, the union said. Of the 2,219 union members present for the vote, 51.8 percent cast their ballots against the deal while 47.8 percent voted in favor.Last Thursday, the company and union announced that they had struck the tentative deal after drawn-out negotiations that started in June last year.During the negotiations, the company soug
May 21, 2019
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Kia prepares for grand entry in India
Kia Motors, South Korea’s second-largest carmaker in terms of sales, has been pushing forward to successfully enter the Indian market in the latter half of this year.It has been conducting various marketing activities including a large-scale dealer event by inviting them to Korea.The automaker said the event was part of its efforts to raise brand awareness among Indian customers. Local car dealers from India pose for a photo during a Kia Motors’ event in Seoul on March 13. (Kia Motors)Some 120 I
May 20, 2019
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‘Korean R&D center to play key role in Renault Group’s road map’
Renault Samsung Motors, the Korean unit of French automaker Renault Group, said its research and development center, Renault Technology Korea, will play a key role in the group’s vehicle design, safety tests and production technology. Located in Yongin, Gyeonggi Province, Renault Technology Korea was formerly a Samsung Motors research center established in 1997. It was renamed following Renault Group’s acquisition of the Korean carmaker in 2000. Renault Samsung Motors CEO Dominic Senora speaks
May 19, 2019
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Kia launches Korea’s first EV service center
Korea’s second-largest automaker Kia Motors has established a service center dedicated to electric vehicles for the first time in the country, the firm said Sunday. The automaker has set up an EV Workbay at six service centers nationwide, operated by Auto Q. It hopes to enhance the efficiency of EV customers’ vehicle inspection and mechanics’ work convenience. The launch comes in line with the imminent launch of its new EV lineup -- including Niro EV and Soul Booster EV. Mechanics inspect a veh
May 19, 2019
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Hyundai invests W100b in Rimac for electric hypercar development
South Korean auto giant Hyundai Motor and its sister company Kia Motors invested 106 billion won ($89.23 million) in a Croatian manufacturer of high-performance electric cars, a move to target the emerging high-end market for race cars powered by electricity, the company said Tuesday.Under the partnership with Rimac, Hyundai plans to unveil two prototype models for hypercars next year, one powered by electricity and one by hydrogen. The investment aims to position Hyundai as leader in the global
May 14, 2019
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‘Renault Samsung strategically important for group in Asia-Pacific region’
With advanced manufacturing and export capacities, Renault Samsung Motors in South Korea stands out as strategically important for the global auto giant, with Renault Group’s head for the AMI and Asia-Pacific region, excluding China, coming to the country for a visit soon, according to the firm Thursday. AMI refers to Africa, the Middle East and India. In a video message, Fabrice Cambolive, chairman of Renault’s AMI-APAC headquarters, described Korea as one of the carmaker’s major manufacturing
May 9, 2019
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Experts urge joint efforts for ASEAN EV market formation, growth
SEOGWIPO, Jeju Island -- Despite differences in market characteristics and environment, businesses engaged in electric vehicle developments in Southeast Asia can grow together through a concerted effort to build regional partnerships on zero emission cars, experts said Tuesday. At an international conference held on the sidelines of the annual International Electric Vehicle Expo, business representatives, scholars and industry observers highlighted the need for raising voices for more private an
May 8, 2019
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EV expo shines light on SMEs, innovators, discusses future of carbon-free tech
SEOGWIPO, Jeju Island -- As the first and only exhibition entirely on electric vehicles, the International EV Expo kicked off its four-day run in the southern part of Jeju on Wednesday to offer wider business opportunities for small and medium-sized companies seeking to ride the wave of carbon-free evolution.The sixth edition of the expo has opened its doors to up-and-coming companies and is presenting international conferences looking back on the development of electric vehicles and the market
May 8, 2019
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EV expo kicks off in Jeju to promote zero-emission tech
Businesspeople, experts, investors and government representatives from around the world will gather on the South Korean resort island of Jeju to promote carbon-free mobility technology at an international exhibition that kicks off Wednesday. The sixth annual International Electric Vehicle Expo -- the world’s first and largest event dedicated entirely to EVs and EV components, technology and infrastructure -- runs May 8-11 at International Convention Center Jeju, organizers said Monday. Ioniq (Hy
May 6, 2019
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Gov't orders recall of 11,500 imported automobiles
South Korea's transport ministry on Sunday issued recall orders for 11,500 units of 58 different imported cars, including those from BMW, Volkswagen and Honda.The Ministry of Land, Infrastructure and Transport said 2,461 units of Germany-based carmaker BMW's 320d and 116i models will be recalled, citing battery problems. (Yonhap)Around 2,000 units of 22 different BMW models, including the 523i, will also be recalled over heater issues.Another 2,000 units of seven Volkswagen models, including th
May 5, 2019
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Renault Samsung halts Busan plant operation for 3 days
Amid ongoing labor disputes, the management of Renault Samsung has decided to suspend operations at its plant in the southeastern port city of Busan for three days starting Monday. It is the first time operations of the Busan plant have been temporarily suspended by the management, not by unionized workers who have staged partial strikes for months. Renault Samsung's Busan plantThe move is widely viewed as an attempt by the management to realign its strategy before reengaging in labor negotiati
April 29, 2019
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[Herald Interview] ‘To me, a car is just one of many designs’
Not all automotive designers are typical “car guys” well versed in the history of cars and models on the street.Because Kim Nury, an automotive interior designer at BMW’s Munich headquarters, definitely does not fit that stereotype. “A car is, to me, just one of many designs. I do not have an extensive knowledge about cars or know A to Z about different models -- I do not drive -- but cars are like what I play with as if I’m in a game finding solutions to producing one,” said Kim during an inter
April 29, 2019
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Hyundai Motor records improved Q1 results backed by Palisade
Hyundai Motor said Wednesday its first-quarter operating profit came in at 824.9 billion won ($718 million), up 21.1 percent from last year, boosted by sales of its latest sport utility vehicle model Palisade, which hit the market in December. According to the automaker, first-quarter sales increased 6.9 percent to 23.9 trillion won, while net profit jumped 30.4 percent to 953.8 billion won. Hyundai Motor’s Palisade (Hyundai Motor)Although Hyundai Motor’s global sales decreased 2.7 percent to 1
April 24, 2019
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[Feature] Amid labor dispute, falling sales, Renault Samsung marks gloomy 20th year
For a 42-year-old veteran driver surnamed Yim, the QM6 compact sport utility vehicle he has owned since 2017 is his pride. “QM6, without a doubt, is the strongest car from a trustworthy automaker,” said Yim, showing a photo of a car crash scene where his QM6 looks relatively unscathed while a white sedan that it had collided with it has been smashed to pieces. “The car, no matter what, has to be safe and strong. This was the biggest merit of Samsung Motors, known for high quality products. But m
April 23, 2019
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Hyundai Motor develops world’s first mobile EV tune-up technology
Hyundai Motor and its sister company Kia Motors said Monday they have developed the world’s first mobile tune-up technology for their electric vehicles.According to the automakers, the technology allows a driver to control an electric car’s performance, efficiency and driving comfort by setting the car’s torque, acceleration, deceleration, power generation during braking, speed limit, responsiveness and air conditioning, via mobile devices including smartphones and tablet PCs. A driver tests Hy
April 22, 2019
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[Behind the Wheel] King of off-roading, Wrangler, targets urban drivers, but will it work?
One challenge many automakers face with sport utility vehicles is how to maintain their off-road capabilities while still appealing to daily SUV users.Jeep, an SUV brand under the Fiat Chrysler Automobile group, faced this challenge with its iconic Wrangler, which maintains its rough and tough off-roader image. Many drivers still believe the Wrangler suits hard-core off-roading enthusiasts driving on dusty, unpaved surfaces. But to break from its conventional image and expand its customer base,
April 22, 2019