BMW Korea has introduced two new gasoline-powered crossovers with revamped features, the New X3 and the New X4. The Korean unit of the German automaker said Wednesday that the New X3 xDrive20i and the New X4 xDrive20i models are equipped with advanced features including a panoramic glass roof and a Driving Assistant Plus function that allows semi-automated driving. The New X3 is the first in the X series to come in a single trim “Luxury Line.” The midsized sport activity vehicle

Hyundai Motor Group Executive Vice Chairman Chung Euisun has resigned as an inside executive director of the group’s steel affiliate, Hyundai Steel, the company said Wednesday.  Chung aims to focus on the group’s core automotive business as the group seeks to transform itself into a smart mobility solutions provider, according to the company.  Chung served in his executive role at Hyundai Steel since 2012 but rarely made an appearance at its executive directors’ me

WASHINGTON -- United Airlines on Tuesday extended its window for travelers wishing to change their South Korea-bound flights without paying a fee, as the number of coronavirus cases in the country continued to climb. The US airline said on its website that passengers originally booked on flights departing from Feb. 24 to June 30 can switch to another flight within the same window, and between the same cities, without paying the change fee or any difference in fare. On Monday the airline had s

South Korean airlines said Tuesday they will extend flight suspensions to China and halt more flights on international routes due to the growing impact of the fast-spreading coronavirus outbreak. With no end in sight for the COVID-19 outbreak in the country, Korean Air Lines Co., South Korea's biggest airline by sales, on Tuesday extended flight suspensions to China by one month through April 25. Korean Air served 204 flights per week on 30 routes to China before the new coronavirus hit the

Kumho Tire said Tuesday three of its products had won 2019 Good Design Awards in the transportation design category.  The Good Design Awards is a global design competition which began in 1950, awarded by the Chicago Athenaeum Museum of Architecture and Design for the most innovative and cutting-edge industrial products and graphic designs of the year.  The Korean tire manufacturer said its tires Majesty 9, Ecsta PA51 and WinterCraft Wi51 have won the awards.  Majesty 9 is a ne

Delta Air Lines, the third-largest shareholder of Hanjin KAL which owns Korean Air, has bought 1 percent additional stake to support Hanjin Group Chairman Cho Won-tae, industry sources said Monday.  The US air carrier reportedly bought 114 shares of Hanjin KAL stake on Thursday and Friday via Goldman Sachs for around 60 billion won ($49 million). Delta now owns 11 percent stake in the holding firm of Hanjin Group.  Currently, local activist fund Korea Corporate Governance Improvemen

With global motor shows either being delayed or likely to be called off due to coronavirus concerns, automakers are likely to face setbacks in their plans to unveil their latest models, according to industry sources Sunday. Organizers of Asia’s largest auto event, Beijing Motor Show slated for April 21-30, have announced that it has been “indefinitely delayed.”  The event has been “postponed until further notice,” and a decision will be taken after closely w

Hyundai Motor’s global hydrogen advertisement featuring BTS is aired via Marriott Marquis Hotel’s digital signage display at Times Square in New York on Friday.  In the advertisement, which played for an hour, BTS members explained the company’s vision and efforts to achieve a future hydrogen society through its hydrogen fuel cell car Nexo. (ddd@heraldcorp.com)

South Korean airlines said Friday they will reduce more routes and ask employees to take unpaid leave as the spread of the novel coronavirus is impacting travel. With no clear end in sight for the COVID-19 outbreak, local airlines began to suspend or reduce their flights early this month to adjust to weak demand on domestic and international routes. Korean Air Lines Co., the country's biggest airline, said it plans to gradually begin halting services on seven additional routes to Asian citi

Hyundai Motor Group said Thursday that it has developed a self-controlling gearshift that measures traffic ahead and predicts optimized gearing, which it said is the first of its kind in the world. While existing smart drive modes work by learning the pattern of the drivers, the new information and communication technology-connected transmission system recognizes road situations and automatically changes gears for speed, the automaker said. The new technology will be adopted in upcoming models

Hanjin KAL, the holding firm of Hanjin Group which owns the country’s largest air carrier Korean Air, said Thursday that it has partnered with US startup accelerator Plug and Play for business diversification. Headquartered in Silicon Valley, Plug and Play has previously clinched development partnerships with global information and communications technology firms including Google, PayPal, Dropbox and Logitech. It has also worked with Coca-Cola, Mercedes-Benz, Singapore Airlines and Americ

Hyundai Motor Group Chairman Chung Mong-koo will step down as the chair of the board, as he was not reappointed as an internal director at the firm’s board meeting, the automaker said Wednesday. Chung, who had been the board chair since 1999, will retain the positions of Hyundai Motor’s unregistered executive and Hyundai Mobis’ registered director. He has been stepping away from day-to-day management and has not attended board meetings since 2018. Upon the departure of Chu

Acquitted Lee Jae-woong welcomes verdict, but hurdles remain

Struggling Asiana Airlines declares emergency mode

Although the number of automobiles manufactured in South Korea dropped below 4 million units last year, its global market share in car production increased slightly, data by the Korea Automobile Manufacturers Association showed. The number of cars produced dropped 1.9 percent from 2018, but the market share in car production increased by 0.1 percentage point. The association pointed out that Korea failed to see a more significant improvement due to prolonged conflicts and strikes at major aut