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Kakao Bank aims to boost customer base, non-interest income
Ukraine hopes for its special envoy to visit S. Korea soon for talks on NK troop deployment
Seoul shares open lower on slump in autos, financials
Business sentiment for December pessimistic over external risks, weak demand
NK leader calls for regions' efforts for independent development
It's kimchi-making season: Regional tour of fermented delights
Insurance firms' Jan.-Sept. net rises 13 pct on increased sales, investment returns
Consumer sentiment falls in Nov. on slowing export growth, Trump uncertainty
[Graphic News] International marriages on rise in Korea
[Lim Woong] AI digital textbook: promise or peril?
[Grace Kao] K-pop arrives at the Ivory Tower
[Editorial] Lack of sincerity
[Andrei Hagiu] Which products will benefit and which will be disrupted by generative AI
Lt. Gen. Ju Il-suk picked as marine corps chief
Prosecutors seek 5-year prison term for Samsung chief in merger retrial
UN talks on plastic pollution treaty begin with grim outlook
Bill proposed to mandate antismoking warnings on e-cigarettes
Mercedes-Benz donates W500m for child protection center in Incheon
BAT debuts synthetic nicotine e-cigarettes in Korea
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Hyundai unveils Avante N performance model
Jun 22, 2021
Hyundai Motor Co. on Tuesday unveiled the Avante N high-performance model as it strives to strengthen its high-end product lineup. The Avante N is the first sedan to be launched under the carmaker's high-performance N brand. The sporty sedan comes with side skirts, which minimize the amount of air that goes under the car from the sides and a wing-type spoiler that helps reduce sound and air resistance, Hyundai said in a statement. The latest performance model's prices and other details will
Hyundai Motor launches car subscription service in Busan
Jun 21, 2021
Hyundai Motor is expanding its mobility subscription service Hyundai Selection to Busan, the second largest city here after Seoul, the company said Monday. Similar to a lease contract, Hyundai Selection allows subscribers to choose a car to use from its portfolio of vehicles at their preferred time and pick-up location through an app. The Busan extension will offer two service packages -- regular and special -- for 14 Hyundai Motor vehicles, the firm said. For the regular package, a month
[AUTO & MOBILITY] Who drives electric vehicles in South Korea?
Jun 21, 2021
EVs a practical choice, no longer a fad for early adopters
Hyundai’s new Avante sells over 100,000 units within one year
Jun 20, 2021
Hyundai Motor’s sedan Avante has sold over 100,000 units nearly one year after its release, the company revealed Sunday. The all-new Avante, which was unveiled in April last year, racked up 104,937 sales as of April, and 111,634 units as of last month. Having sold over 77,000 models within last year alone, it is the second bestselling sedan and third bestselling passenger car in the country so far this year, following Hyundai Motor’s Grandeur and Kia’s Carnival, which sold 43
Hyundai, Kia's Europe sales more than double in May
Jun 17, 2021
Hyundai Motor and affiliate Kia said Thursday their combined sales in Europe more than doubled last month from a year earlier on robust demand and lower base effect. Hyundai and Kia sold a total of 88,171 vehicles in Europe in May, sharply up from 42,492 units in the same month a year ago, the companies' sales data showed. The monthly result got a boost from strong sales of Hyundai's Tucson and Kona sport utility vehicles and Kia's Sportage SUV and Cee'd crossover utility vehicle, a
Han Sung Motor opens Dream Gream online merch store
Jun 17, 2021
Han Sung Motor, an official Mercedes-Benz dealer, on Thursday opened an online store offering merchandise made by students participating in its Dream Gream art scholarship program. The store sells merchandise made by its scholarship recipients, artistically gifted middle and highs school students, in collaboration with professional artists. Items on sale include note papers, decorative masking tape, travel bags and fabric sprays, as well as items produced in collaboration with companies inclu
Hyundai resumes plant after brief halt over part shortage
Jun 17, 2021
Hyundai Motor Co. said Thursday it has resumed operations of a local plant following a one-day suspension due to lack of semiconductors. Hyundai halted the Asan plant, which produces the Grandeur sedan, on Wednesday, causing production losses of 1,027 vehicles, the company said in a regulatory filing. The company has temporarily halted some of its domestic plants on a chip shortage. It has seven domestic plants -- five in Ulsan, one in Asan and one in Jeonju -- and 10 overseas plants -- four
Hyundai Motor chief tests self-driving Ioniq 5 EV during US visit
Jun 16, 2021
Hyundai Motor Group Chairman Chung Euisun has visited an autonomous vehicle joint venture in the United States and tested a vehicle under development as the South Korean automaking giant explores new business opportunities in future mobility solutions, the automaker said Wednesday. Chung tested a self-driving Ioniq 5 electric vehicle during his visit to Motional's Boston headquarters and discussed ways to expand the partnership with its senior executives, Hyundai Motor said. The chairman made
Financially troubled SsangYong Motor to launch first EV in Europe
Jun 15, 2021
Financially troubled SsangYong Motor Co. said Tuesday it will launch its first electric vehicle (EV) in Europe later this year as it seeks to speed up its sales process and survive in the changing business environment. SsangYong said it named the EV variant of the Korando EV the Korando Emotion and has begun domestic production to first target the European market in October. SsangYong said it has also been developing an all-electric SUV with a goal of launching it next year to join the global
Nearly 16,000 enjoy 'flights to nowhere' amid pandemic
Jun 14, 2021
Nearly 16,000 people have used "flights to nowhere" offered by South Korean airlines since the sightseeing flights were introduced late last year, the customs office said Monday. The Korea Customs Service (KCS) said 15,983 passengers used a total of 152 international flights designed for the purpose of the air journey, not the destination, between December 2020 and May 2021. Passengers using the flights have bought duty-free products worth 22.8 billion won ($20 million) over the past
Eastar may pick preferred bidder next week
Jun 13, 2021
Budget carrier Eastar Jet Co. may pick a preferred bidder next week after reviewing plans from several investors to take over the financially troubled company, industry sources said Sunday. Easter Jet, currently under a court-led rehabilitation scheme, has received letters of intent from several companies, including a consortium led by Kanglim, a local equipment maker under underwear company Ssang Bang Wool, and other private equity funds, according to industry sources. Several companies have
Audi rolls out RS Q8, high-performance SUV
Jun 11, 2021
Audi Korea is launching the new RS Q8, a high-performance sports utility vehicle that combines both dynamic driving and practicality, the automaker said Friday. According to Audi Korea, it will start receiving orders for the new RS Q8 here on Tuesday. The RS Q8 is the first large SUV to be launched under the RS category, the auto brand’s high-performance lineup which stands for Racing Sport. The SUV has twin-turbocharged 4.0-liter V-8 gasoline engine and an eight-speed automatic transm
Electric vehicles make debut at Seoul Smart Mobility Expo
Jun 10, 2021
Genesis G80 electrified and Mercedes-Benz EQA introduced for the first time in South Korea
Preorders for Kia's EV6 in US fully booked in a day
Jun 10, 2021
Kia Corp., South Korea's second-biggest carmaker, said Thursday presale orders for its first all-electric model, EV6, have been fully reserved in one day in the United States. Kia sold all of the 1,500 units of the EV6 First Edition in an online preorder event in the world's most important automobile market on Tuesday (US time), the company said in a statement. The EV6 First Edition is equipped with a 77.4 kilowatt-hour (KWh) battery, an augmented reality head-up display, remote parking assist
Korea eyes travel bubbles with Singapore, Guam, Saipan
Jun 9, 2021
Quarantine-free overseas tours becoming reality for the vaccinated
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Man convicted after binge eating to avoid military service
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