Media collage created by Dream Gream students, French art team displayed at Seoul Street Arts Festival 2018

Kia’s position as electrified brand, Hyundai as tech, innovative carmaker are keys for future success, say COOs

The labor union of Renault Samsung Motors is set to stage a partial strike Thursday, its first strike in four years, in a move that could lower the carmaker’s chances of renewing its contract on production of the Nissan Rogue sport utility vehicle next year, industry insiders said Wednesday.Ahead of the Chuseok holiday last month, the union held a vote, and 85.1 percent agreed to stage a strike after failing to reach a consensus in wage negotiations with the company.The union is pushing for a 10

Kia unveils ProCeed, e-Niro; Hyundai reveals high performance version of i30 at star-studded Paris Motor Show

Lexus Korea has released its best-selling seventh-generation premium hybrid sedan ES 300h six years after the previous model, stepping up its hybrid portfolio, the company said Tuesday.“South Korea was the second most sold market worldwide for the ES 300h after China last year. It is also the first country in Asia for the new-generation ES 300h to begin sales,” said Nobuyuki Takemura, president and CEO of Lexus Korea, at a launch event in eastern Seoul.He added that customers will be satisfied w

Korean carmakers to unveil Europe-only brands aimed at accelerating sales growth

Despite signs of South Korea’s domestic auto market on track for a sales recovery, Renault Samsung Motors, the local unit of French carmaker Renault, has been hit with plummeting sales and constant friction with its labor union in wage negotiations, industry experts said Friday. It looks set to miss this year’s goal to sell 100,000 vehicles on the local market. The automaker sold 55,630 units here, down about 18 percent on-year, between January and August, data from the company showed. Among fiv

Renault-Nissan-Mitsubishi, the world’s largest automotive alliance, has topped global sales in the first half by selling 5.53 million units, the company said Wednesday. The Franco-Japanese partnership topped the list again this year for the second time, with a 5.1 percent increase on-year. It took the top honor last year. The sales growth was driven by increased demand for crossovers, sport utility vehicles and pickups as well as zero-emissions electric and hybrid-electric models, the alliance s

The Korea Herald takes Nexo for the longest test-drive in the world, from Seoul to Ulsan -- the city of hydrogen

Hyundai Motor Group Chief Vice Chairman Chung Eui-sun is expected to return home over the weekend after a weeklong trip to the US to persuade officials to allow exemptions from auto tariffs, industry insiders said Friday.According to Hyundai Motor, Chung flew to the US earlier this week to meet with Commerce Secretary Wilbur Ross and officials to convey the automaker’s concerns and economic contributions, amid US President Donald Trump’s push to slap 25 percent tariffs on imported automobiles.Th

Coupang’s Rocket Delivery has surpassed 1 billion deliveries four years after the South Korean e-commerce firm started the end-to-end service, the company said Thursday.To bring innovation to the e-commerce market, the company has built its own logistics center and hired deliverymen to handle the entire process from product purchase to door-to-door delivery. The speed of the service is key so customers can receive the products they ordered the next day, the company said. Rocket Delivery is the f

Hyundai Motor will supply 1,000 hydrogen-powered fuel cell trucks to Europe over the next five years, making its debut on the continent’s green commercial vehicle market, the company said Thursday.The South Korean carmaker signed a memorandum of understanding with Swiss hydrogen company H2 Energy at the trade show IAA Commercial Vehicles 2018 held in Hanover. H2 Energy Chairman Rolf Huber (second from left) speaks at a press conference held on the sidelines of IAA Commercial Vehicles 2018 in Han

Police raided a parts supplier of BMW Korea on Thursday as part of a probe into suspicions the Korean unit of the German carmaker covered up vehicle defects that led to dozens of engine fires in recent months. The Seoul Metropolitan Police Agency sent investigators to the supplier's headquarters in the southern city of Yangsan and its research center near Seoul.  The company supplies exhaust gas recirculation coolers and pipes, which BMW blamed for more than 40 vehicle fires this year. (Yonhap)B

South Korea will become a global logistics hub benefitting giants in the industry here if a railway project aimed at reconnecting the South and the North is realized, experts at a forum in Seoul on Tuesday.“Strained ties between the South and the North have blocked the (international) logistics flow. But if the inter-Korean railway is reconnected all the way to Busan, neighboring countries will enjoy a large convenience in terms of time and costs,” said Na Hee-seung, head of the Korea Railroad R

Audi Korea delivered 700 units of the 2018 A3 40 TFSI compact sedan last month through its eight official used car dealerships nationwide, the company said Tuesday.Under a law enacted to improve air quality in capital regions, which was revised in 2013, carmakers that sell over 4,500 units annually are required to make up 9.5 percent of their sales with low-emissions cars such as pure electric vehicles and hybrid vehicles.Audi Korea’s quota for this year is 3,000 units, which it has fulfilled th