Most Popular
-
1
[Weekender] Geeks have never been so chic in Korea
-
2
N. Korea says it test-fired tactical ballistic missile with new guidance technology
-
3
NewJeans members submit petitions over court injunction in Hybe-Ador conflict
-
4
[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea
-
5
S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
-
6
[KH Explains] Why Korea's so tough on short selling
-
7
[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting
-
8
Actors involved in past controversies return first via streaming service originals
-
9
US military commander in S. Korea during Gwangju uprising dies
-
10
[Photo News] Seoul seeks 'best sleeper'
-
Korea lagging behind Japan, China in EV battery competitiveness
South Korean battery makers are lagging behind their rivals in China and Japan in electric vehicle battery competitiveness, a local think tank said Thursday. Korean car battery companies, such as LG Chem Ltd. and Samsung SDI Co., have witnessed their combined share in the global battery market plunge to 11 percent in 2018 from 30 percent in 2014, due mainly to a lack of captive buyers, the Korea Economic Research Institute said in a statement. (Yonhap)"Unlike their Korean rivals, Chinese power
Jan. 17, 2019
-
Mercedes-Benz vows push for future mobility with EQ brands
Mercedes-Benz Korea, the Korean unit of the German carmaker, said Thursday that it would push future mobility this year and roll out the new EQC crossover, its first fully electric sport utility vehicle.Declaring 2019 as the “year of EQ,” the company said it would launch four new plug-in hybrid electric vehicles in addition to the new fully electric SUV, as well as nine new models and six facelifted ones to strengthen its product lineup.The exact local launch date remains undecided, the company
Jan. 17, 2019
-
Korea to produce 6.2 million hydrogen cars by 2040
South Korea will produce 6.2 million units of fuel cell electric vehicles and build 1,200 refilling stations across the country by 2040, in a major industrial push aimed at securing energy independence and assuming a leadership role in hydrogen technology. President Moon Jae-in (center) looks at a model of the hydrogen fuel cell electric vehicle Nexo during a visit to a Hyundai Motor facility in Ulsan on Thursday. (Yonhap)In its road map announced Thursday, the government said it would diversify
Jan. 17, 2019
-
Hyundai Mobis, KT team up for 5G-based connected car technology
Hyundai Mobis, the car parts making arm of Hyundai Motor Group, said Thursday that it has partnered with telecommunication company KT to jointly develop connected car technologies. The companies have launched fifth-generation network service at Hyundai Mobis’ test ground in Seosan, South Chungcheong Province, in an effort to ramp up the drive for connected car research and development.A connected car refers to a car equipped with internet access, usually a wireless local area network. This allow
Jan. 17, 2019
-
Hyundai, Kia to recall 168,000 vehicles in US for faulty fuel pipes
Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. said Thursday they will recall approximately 168,000 vehicles in the United States over defective fuel pipes.The recall involves fixing improper repairs during the previous two recalls over engine failures and offering software upgrades for the affected vehicles, the companies said. (Yonhap)The software update is designed to protect the vehicles from engine damage, and new extended warranties will be offered for engine problems, they s
Jan. 17, 2019
-
Korea sets FCEV target at 80,000 units by 2022
South Korea will increase the number of hydrogen-powered vehicles on the roads by 80,000 units in the next four years, the finance minister said Wednesday.Deputy Prime Minister and Minister for Economy and Finance Hong Nam-ki said at a ministerial meeting on innovation-led growth in Seoul that the new fuel-cell electric vehicle target is part of a broad strategy aimed at building an ecosystem for hydrogen industries. It would include producers of the fuel as well as technologies that store and t
Jan. 16, 2019
-
[Herald Interview] Audi Volkswagen steps up to support Korea’s Industry 4.0 drive
Determined to restore customer trust and committed to doing so by contributing to society, the head of the Korean arm of Audi Volkswagen said the automaker is on board with the South Korean government’s drive to promote future technologies and is planning to foster young professionals in the area of future mobility.In an interview with The Korea Herald, Rene Koneberg, a group managing director with Audi Volkswagen Korea, said the company would start providing educational and cultural opportuniti
Jan. 15, 2019
-
Kona, Genesis G70 win top auto awards in US
Hyundai Motor became the first South Korean automaker to have two vehicles win top US auto awards this month, signaling a favorable start for the auto giant to gain fresh momentum in the sought-after market this year.The annual award given by 55 automotive journalists was announced at the North American International Auto Show in Detroit that officially kicked off Tuesday.The Hyundai Genesis G70 and Hyundai Kona won the North American car and utility vehicle of the year awards, respectively. Man
Jan. 15, 2019
-
Toyota Motor Korea fined 817 m won for deceptive advertising
South Korea's antitrust watchdog said Tuesday that it has fined Toyota Motor Korea Co. 817 million won ($729,000) for deceptive advertising of its RAV4 sport utility vehicle.Toyota Motor Korea advertised that its RAV4 obtained a top safety pick in five test categories, including the driver's side small overlap front and roof strength, from the U.S. Insurance Institute for Highway Safety in 2015. (Yonhap)In 2016, the RAV4 earned the Top Safety Pick Plus rating from the independent nonprofit organ
Jan. 15, 2019
-
Hyundai, Kia's US sales almost flat in 2018
Hyundai Motor Co. and its affiliate Kia Motors Corp. posted 0.6 percent on-year sales growth in the United States last year due to a slowing economy and a lack of competitive models, the companies said Monday.In 2018, Hyundai and Kia sold a combined 1.27 million vehicles in the US market. Hyundai's sales fell 1.1 percent on-year to 677,946 units and Kia's were little changed compared to a year earlier at 589,763 units, Hyundai Motor Group said in a statement, citing figures from Autodata Ltd., a
Jan. 14, 2019
-
S. Korea calls for auto tariff relief from US
South Korea's finance minister called Friday for an exemption from US tariffs on South Korean automobiles as he expressed deep concerns about an ongoing US probe.Hong Nam-ki, the minister of economy and finance, made the appeal in a meeting with US Ambassador to South Korea Harry Harris at the government complex building across from the US Embassy in central Seoul, according to the finance ministry. Hong Nam-ki (L), the minister of economy and finance, shakes hands with US Ambassador to South Ko
Jan. 11, 2019
-
Posco chief says no plans for overseas investment in steel sector
The head of the nation’s largest steelmaker Posco said he has no plans to make additional investment overseas in the steel sector this year but will focus on securing natural resources needed for its lithium-ion battery business touted as the company’s new growth engine.“With regard to steel, (I) don’t have any plans for making additional investment or (pursuing) mergers and acquisitions overseas,” said Posco Chairman Choi Jeong-woo in a brief meeting with reporters Thursday. “As for the new bus
Jan. 11, 2019
-
[Herald Interview] Rolls-Royce Motor CEO attributes record sales to Asia, Korea
Strong business growth in Asia was behind the record-breaking sales of British luxury carmaker Rolls-Royce last year, particularly in China and South Korea, its head said in an interview with The Korea Herald. “Our growth was fueled by a strong Asian business and a Korean business. We have seen an uptake in your market by around 40 percent compared to the year 2017 and for that reason I am very satisfied with the results,” said Torsten Muller-Otvos, chief executive officer of Rolls-Royce Motor C
Jan. 10, 2019
-
Apple thanks Korean police for seizing fake accessories
US tech giant Apple is planning to present a plaque to officers at a local police unit to express its gratitude for their efforts to prevent the sale of fake accessories worth 1 billion won ($892,000), sources told The Korea Herald on Wednesday.As a token of thanks, Donald Shruhan, senior regional director for Apple’s Asia-Pacific operations, will visit the Bucheon Sosa Police Station in Bucheon, Gyeonggi Province, on Friday to deliver a plaque of appreciation to investigators who arrested local
Jan. 9, 2019
-
Hyundai unveils world’s first holographic AR navigation system
South Korean auto giant Hyundai Motor has unveiled the world’s first holographic augmented reality navigation system equipped on its luxury sedan Genesis G80 in partnership with Swiss startup WayRay, the company said Wednesday.Introduced at the Consumer Electronics Show being held in Las Vegas, the holographic AR navigation technology delivers driving guidance by projecting navigational alerts through the windshield onto the road, the company said. A holographic augmented reality navigation syst
Jan. 9, 2019
-
Hyundai, Kia, Genesis win eight Good Design Awards
Hyundai Motor said Friday that eight cars from Hyundai Motor and its sister company Kia Motors, as well as its premium brand Genesis, won 2018 Good Design Awards.According to the carmaker, its Le Fil Rouge, Santa Fe, Kona, Solati Moving Studio, Kia Motor’s K3 and K9 and Genesis’ Essentia Concept and G70 were awarded in the category of transportation design. This marks the ninth consecutive year Hyundai vehicles have been recognized with the honor.Jointly presented by the Chicago Athenaeum Museum
Jan. 4, 2019
-
Rexton Sports returns with wider utility deck
SsangYong Motor unveiled its upgraded pickup Rexton Sports Khan on Thursday, targeting drivers keen on outdoor activities and leisure sports. The main difference between the previous Rexton Sports and the new Rexton Sports Khan is a 310-millimeter-longer utility deck and improved loading capacity, the company said. SsangYong Motor’s Rexton Sports Khan is displayed in Seoul on Thursday. (SsangYong Motor)The longer body Rexton Sports Khan has 24.8 percent increased deck space that can be loaded w
Jan. 3, 2019
-
Here’s what to expect in Korea’s green car market in 2019
After commanding significant attention last year, green cars are set to expand their presence in the auto industry even further this year thanks to higher government subsidies and the plans of import carmakers to release new eco-friendly models.Green cars, often considered to offer good value for money while minimizing harm to the environment, are looking even more promising both in terms of stronger performance and sleeker designs. Kia Motors` Soul EV (Kia Motors)The number of eco-friendly cars
Jan. 2, 2019
-
Hyundai Motor to run robo taxi pilot in 2021 in Korea
South Korean auto giant Hyundai Motor will start pilot operation of robo cabs here in 2021, part of a drive to become a smart mobility service provider, its chief said Wednesday.In a noticeable change for the 51-year-old car manufacturer, the conglomerate’s Executive Vice Chairman Chung Eui-sun said he would seek partnership with global leading companies to develop eco-friendly robo taxis that were both “safe and innovative.” Hyundai Motor Group Executive Vice Chairman Chung Eui-sun addresses th
Jan. 2, 2019
-
[Newsmaker] SsangYong Motor reinstates 71 workers, ends decade of labor-management conflict
SsangYong Motor, the South Korean unit of Indian carmaker Mahindra & Mahindra, reinstated on Monday 71 employees and hired 34 new workers as a follow up measure of the September agreement ending a decadelong conflict between labor and management.“The decision to reinstate the workers was made to deal with the production of the long-body version of Rexton Sport and succeeding model of Korando C named C300 alongside reduced work hours,” the company said in a statement.In late September, four parti
Dec. 31, 2018