Automaker aims to sell 560,000 EVs by 2025, 700,000 hydrogen fuel cells by 2030

Senior transport ministry official talks COVID-19, travel bubbles and Korean Air-Asiana acquisition

Kia Motors’ labor union on Wednesday began a partial strike, its third collective action this year, following the collapse of negotiations over wages and other issues a day earlier. Lost production from strikes this year is expected to exceed 30,000 vehicles. Representatives of the management and the union held talks for two days, but failed to reach a compromise. Following the talks’ collapse at midnight Tuesday, the union decided to cut work short by four hours per day for three

In a country first, Korean Air transported raw materials used to make COVID-19 vaccine from Korea to the Netherlands on Tuesday, the company said Wednesday. The South Korean flag carrier used a cold-chain system to deliver the packages weighing 800 kilograms, including containers and dry ice. Of the 800 kilograms, 208 kilograms is dry ice in special containers to keep temperatures below minus 60 degrees Celsius for some 120 hours – a threshold required to safely transport raw materials f

Unionized workers of Kia Motors Corp., South Korea's second-biggest carmaker, entered a partial strike again Wednesday as they failed to reach an agreement with the management over working conditions. Kia Motors and its union have held 15 rounds of meetings in this year's wage talks, but the two sides failed to narrow their differences over overtime work hours in the latest negotiation. Day and night shift workers will each stage four-hour strikes daily from Wednesday to Friday at plants in

Genesis GV70 embraces latest technologies, including the world’s first fingerprint authentication system

South Korean carmakers are forecast to notch their highest combined sales figures in 18 years, according to industry data released Sunday. The country’s five finished automobile manufacturers sold a total of 1.47 million vehicles in Korea between January and November this year. The figure was up 6.2 percent from the same period last year. If the trend continues, total sales will surpass 1.6 million vehicles at the end of the year. This would mark the highest total since 2002. The com

Korean Air Lines Co. said Monday it will begin charging additional fees on emergency exit row seats when booking international flights next year. South Korea's biggest carrier said on its website that optional fees will be charged on exit row seats with extra legroom, which are located in the front row of each section of the economy class, starting Jan. 14. Emergency exit row seats will be limited to passengers that satisfy the official safety requirements, and those who book the seats will b

Benz offers both gasoline, diesel models with improved driving assistance feature

Renault Samsung Motors said Thursday its sports utility vehicle QM6 has climbed the sales chart to lead company’s performance this year. According to the automaker, the QM6 model sold 4,323 units in October, up 35.6 percent from the month before. The gasoline model, QM6 GDe, which has topped the mid-sized SUV market in South Korea for the second half of this year, takes 50.7 percent of the total sales of QM6, with 2,191 units, the automaker said. The rest is taken by QM6 LPe, which is

Korean Air’s president has said there would be no layoffs as a result of its takeover of Asiana Airlines. Woo Kee-hong, the airline’s president, said during a press briefing on Wednesday that most staff at both airlines would stay despite the takeover as Korean Air had “no plans to reduce supply.” His remarks come one day after a court ruling cleared the first legal hurdle for the acquisition. The share price of Asiana, which had been on the rise since the announcement

Automaker aims to sell over 1 million battery electric vehicles worldwide by 2025

Hyundai Motor Co. said Wednesday its vehicle sales in the United States fell 9 percent last month from a year earlier on lower demand amid the COVID-19 pandemic. Hyundai Motor sold 55,171 vehicles in the US in November, down from 60,601 units in the same period of last year, the company said in a statement. The monthly sales declined as "there were three fewer selling days and one less selling weekend" last month amid COVID-19 challenges, it said. "We've never had a better pr

Mercedes-Benz Korea said Tuesday it has officially launched new models for its revamped E-Class -- two Coupe models and a Cabriolet -- completing the lineup of its bestselling luxury sedan family. The automaker presented a four-seater coupe, the new Mercedes-Benz E 450 Coupe, and the high-performance AMG variant, the new Mercedes-AMG E 53 4Matic+ Coupe. Also launched was a four-seater open-top model, the new Mercedes-Benz E 450 4Matic Cabriolet. The launch of the new E-Class Coupe and E-Class

Injunction filed by KCGI turned down; acquisition to be completed by June, 2021