Top official refutes criticism of government being swayed by labor unions, ministry remains committed to inter-Korean railway reconnection

Passenger transport, freight demand to triple in 2050, but disruptive developments could curb CO2 emissions

Former BMW engineer says the family-led firm will help seek sustainable, long-term strategy under Chung’s smart leadership

The labor union of Renault Samsung Motors Corp. on Tuesday voted down a tentative deal on wages and working conditions that it reached with the company last week, the union said.  Of the 2,219 union members present for the vote, 51.8 percent cast their ballots against the deal while 47.8 percent voted in favor.Last Thursday, the company and union announced that they had struck the tentative deal after drawn-out negotiations that started in June last year.During the negotiations, the company soug

Kia Motors, South Korea’s second-largest carmaker in terms of sales, has been pushing forward to successfully enter the Indian market in the latter half of this year.It has been conducting various marketing activities including a large-scale dealer event by inviting them to Korea.The automaker said the event was part of its efforts to raise brand awareness among Indian customers. Local car dealers from India pose for a photo during a Kia Motors’ event in Seoul on March 13. (Kia Motors)Some 120 I

Renault Samsung Motors, the Korean unit of French automaker Renault Group, said its research and development center, Renault Technology Korea, will play a key role in the group’s vehicle design, safety tests and production technology. Located in Yongin, Gyeonggi Province, Renault Technology Korea was formerly a Samsung Motors research center established in 1997. It was renamed following Renault Group’s acquisition of the Korean carmaker in 2000.  Renault Samsung Motors CEO Dominic Senora speaks

Korea’s second-largest automaker Kia Motors has established a service center dedicated to electric vehicles for the first time in the country, the firm said Sunday. The automaker has set up an EV Workbay at six service centers nationwide, operated by Auto Q. It hopes to enhance the efficiency of EV customers’ vehicle inspection and mechanics’ work convenience. The launch comes in line with the imminent launch of its new EV lineup -- including Niro EV and Soul Booster EV.  Mechanics inspect a veh

South Korean auto giant Hyundai Motor and its sister company Kia Motors invested 106 billion won ($89.23 million) in a Croatian manufacturer of high-performance electric cars, a move to target the emerging high-end market for race cars powered by electricity, the company said Tuesday.Under the partnership with Rimac, Hyundai plans to unveil two prototype models for hypercars next year, one powered by electricity and one by hydrogen. The investment aims to position Hyundai as leader in the global

With advanced manufacturing and export capacities, Renault Samsung Motors in South Korea stands out as strategically important for the global auto giant, with Renault Group’s head for the AMI and Asia-Pacific region, excluding China, coming to the country for a visit soon, according to the firm Thursday. AMI refers to Africa, the Middle East and India. In a video message, Fabrice Cambolive, chairman of Renault’s AMI-APAC headquarters, described Korea as one of the carmaker’s major manufacturing

SEOGWIPO, Jeju Island -- Despite differences in market characteristics and environment, businesses engaged in electric vehicle developments in Southeast Asia can grow together through a concerted effort to build regional partnerships on zero emission cars, experts said Tuesday. At an international conference held on the sidelines of the annual International Electric Vehicle Expo, business representatives, scholars and industry observers highlighted the need for raising voices for more private an

Organizers exclude hydrogen vehicles, questioning reliability, public support

Businesspeople, experts, investors and government representatives from around the world will gather on the South Korean resort island of Jeju to promote carbon-free mobility technology at an international exhibition that kicks off Wednesday. The sixth annual International Electric Vehicle Expo -- the world’s first and largest event dedicated entirely to EVs and EV components, technology and infrastructure -- runs May 8-11 at International Convention Center Jeju, organizers said Monday. Ioniq (Hy

South Korea's transport ministry on Sunday issued recall orders for 11,500 units of 58 different imported cars, including those from BMW, Volkswagen and Honda.The Ministry of Land, Infrastructure and Transport said 2,461 units of Germany-based carmaker BMW's 320d and 116i models will be recalled, citing battery problems.  (Yonhap)Around 2,000 units of 22 different BMW models, including the 523i, will also be recalled over heater issues.Another 2,000 units of seven Volkswagen models, including th

Amid ongoing labor disputes, the management of Renault Samsung has decided to suspend operations at its plant in the southeastern port city of Busan for three days starting Monday. It is the first time operations of the Busan plant have been temporarily suspended by the management, not by unionized workers who have staged partial strikes for months.  Renault Samsung's Busan plantThe move is widely viewed as an attempt by the management to realign its strategy before reengaging in labor negotiati

BMW interior designer Kim Nury says freshness was key to winning design competition for new 3 series