Hyundai Motor announced Thursday the launch of a small-sized truck Porter 2-based camping car Porest, which can fit up to four adults. Porest -- a combination of “Porter” and “rest” -- was developed under the concept of moving house and will be launched next week here.  Amid increasing consumer demand for camping cars, the automaker said it has focused on making Porest’s interior space practical.  According to government data, the number of registered

McDonald’s Korea said Thursday it is rolling out a deluxe version of its steady-seller Quarter Pounder with Cheese as a limited edition that will add more fresh vegetables to the standard burger. According to the burger chain, the Quarter Pounder with Cheese Deluxe adds more fresh vegetables, including lettuce, tomato and onions, to the standard burger to bring a richer flavor. The new burger is available for a limited time until July 29. The Quarter Pounder with Cheese Deluxe is al

Baskin-Robbins, the American ice cream chain that is operated by SPC Group in Korea, said Thursday it has hired K-pop boy band BTS to promote the flavor of the month in August. Baskin-Robbins said it has finished shooting the advertisement and photos to promote the new flavor of ice cream set for August with BTS, and will release them next month via social media and on cable TV. The company said it will also roll out various promotional goods, such as a “projection light” to cel

The Korean-German Chamber of Commerce and Industry elected Peter Tiedemann, president and representative director of ZEISS Korea, as its new German Chairman. At its 39th annual general meeting held on June 18 at the Grand Hyatt in Seoul, he was chosen to succeed Ingrid Drechsel, the former president of Bayer Korea. With more than 30 years of professional work experience, Tiedemann worked many years for Wacker Chemie in Germany, South Africa, Turkey, China and Singapore, and for more than 15 ye

Hyundai Glovis, a logistics unit of Hyundai Motor Group, said Thursday that it has clinched an exclusive five-year contract with Volkswagen Konzernlogistik, which deals in the logistics of European carmaker Volkswagen Group, for transporting their cars from Europe to China.  Volkswagen Konzernlogistik is based in Wolfsburg, Germany, and controls logistics, production and sales of vehicles from Volkswagen Group’s 12 finished car brands such as Volkswagen, Audi, Porsche and Bentley.&n

South Korea’s Hyundai Mobis said Thursday it has injected 25 billion won ($20 million) in Silicon Valley tech funds ACVC Partners and MOTUS Ventures, as part of its move to secure future mobility technology and next-generation business opportunities.  ACVC Partners and MOTUS Ventures have been actively discovering and supporting startups which focus on developing future mobility core technologies, including next-generation sensors, biometrics and robotics.  Hyundai Motor Group

GM Korea Co., the South Korean unit of General Motors Co., said Thursday it will invest 800 billion won ($667 million) as planned in the coming years, despite the new coronavirus outbreak. GM Korea President and CEO Kaher Kazem reaffirmed the company's commitment during his visit to the company's plant in the southern industrial city of Changwon on Wednesday. The Detroit carmaker has three Korean plants -- two in Bupyeong and one in Changwon -- whose combined output capacity reaches 630,000 u

SK hynix announced Thursday it has started mass producing the industry’s fastest DRAM solution HBM2E, 10 months after the chipmaker completed its development in August last year. According to the company, the HBM2E supports over 460 gigabytes per second with 1,024 inputs/outputs based on the 3.6 gigabit-per-second performance of each pin. It is the fastest DRAM solution in the industry, which enables transmission of 124 full-HD movies (3.7GB each) per second. The density is 16GB, mor

Most managers in South Korean companies are of the view that telecommuting has either improved work efficiency and employee satisfaction or remains unchanged, a new survey showed Tuesday. The Korea Chamber of Commerce and Industry surveyed personnel managers of 300 Korean companies on the status of remote work that is in force due to the new coronavirus outbreak. Around 83.6 percent said work efficiency was similar or has improved while 16.4 percent of the respondents said it has declined.

Local defense companies reported 3.3 trillion won ($2.75 billion) of sales in the first half of the year, with exports accounting for about 10 percent or 329 billion won, the Defense Acquisition Program Administration said Thursday. The number of people employed at defense firms was 33,103 as of June, down from 33,207 reported last year. In 2019, the defense industry reported 14 trillion won in sales, up 2.2 percent from a year earlier. Overseas sales stood at 1.77 trillion won, down 11.5 per

The French luxury brand Christian Dior began to raise prices of its major bags Thursday, industry sources said, as people's demand for luxury goods has not been subdued even amid the pandemic-caused economic slump. Dior will increase the price tags of its major products, including Dior Lady bags, by around 10-12 percent, marking its first hike this year, according to industry sources. It followed a similar rise in October 2019. The latest hikes are reportedly applied to Dior's products sold i

South Korea is taking steps to provide telemedicine services to overseas South Korean construction workers amid heightened health concerns caused by the coronavirus pandemic, the infrastructure ministry said Wednesday. The move is part of a broader effort to better protect South Korean builders, as 87 have tested positive for COVID-19 and three have died after contracting the highly infectious disease, the Ministry of Land, Infrastructure and Transport said. There are estimated to be around 7

Han Sung Motor, an official dealer of Mercedes-Benz in Korea, said Wednesday it has launched the AMG Playground membership club for its customers, offering opportunities for activities and networking among Mercedes-AMG owners.  AMG Playground has invited new owners of Mercedes-AMG vehicles to join the club. Those who purchased more than two Mercedes-AMG vehicles at Han Sung Motor since 2017 or those who have purchased a vehicle in the Mercedes-AMG GT lineup will be categorized as AMG Mani

Audi Korea said Wednesday the brand’s first electric-powered sport utility vehicle Audi e-tron 55 quattro has been launched in Korea.  Audi e-tron 55 quattro had its world premiere in San Francisco in 2018. Sales began in Europe in March last year.  As the brand’s very first all-electric SUV, the automaker said it focused on the vehicle’s power and high-efficient energy recovery function that works through two electric motors. Audi e-tron 55 quattro exerts a m

South Korea's vehicle sales fell 22 percent in the January-June period from a year earlier, as the new coronavirus outbreak continued to affect the automobile industry, industry data showed Wednesday. The five carmakers in South Korea -- Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. -- sold a combined 3,033,798 vehicles in the first half, down from 3,866,229 units a year ago, according to data from the companies. Hyundai Motor and Kia