Hyundai Mobis, the auto parts making unit of Hyundai Motor Group, has implemented artificial intelligence to its software screening process and document search system for improved efficiency and accuracy, the company said Sunday.The move came in line with the company’s latest efforts to shift into a software-centered company and to diversify the use of AI in research and development.The AI-based software screening system, dubbed Mobis Artificial Intelligence Software Testing, jointly made with a

PAJU, Gyeonggi Province -- Fiat Chrysler Automobiles Korea has its sights set on the sport utility vehicle market here, revamping its showrooms to be Jeep-exclusive by next year and completing the lineup with the first fully changed Compass compact SUV released in 10 years.As a model positioned between the Renegade small SUV and Cherokee midsize SUV, the new Compass targets “urban adventurers” looking for a vehicle suitable for the city and rough off-road terrain.On the SUV brand’s unique four-w

South Korea's finance minister has called on his US counterpart to have the Asian country exempt from America's planned auto tariffs, the Seoul government said Sunday.  Kim Dong-yeon made the request during his meeting with US Secretary of the Treasury Steven Mnuchin in Buenos Aires on Saturday (local time) on the sidelines of the Group of 20 meeting.  South Korea`s finance minister Kim Dong-yeon and USSecretary of the Treasury Steven Mnuchin (Yonhap)US President Donald Trump has proposed a 25 p

South Korean automaker Hyundai Motor Co.'s management and labor on Friday agreed to a tentative wage deal for this year, marking the quickest deal in eight years.Under the agreement, the base wage will increase by 45,000 won ($40), with extra bonuses, according to the company. It also included ways to adjust work shifts to reduce working hours.The company and the union also agreed to make concerted efforts to improve productivity and create a 50 billion-won fund to support subcontractor firms."W

Hyundai Motor, South Korea’s leading automaker, unveiled the world’s first soon-to-be mass produced Marvel character-inspired vehicle, the Kona Iron Man edition, in partnership with the New York-based entertainment company, the company said Thursday.Through its partnership with Marvel signed in 2015, Hyundai aims to promote its brand as fun and exciting particularly among younger drivers.Poster of Hyundai’s Kona Iron Man edition jointly made with Marvel (Hyundai Motor)The Iron Man edition of Hyu

Mercedes-Benz Korea has installed electric vehicle chargers jointly developed with South Korea’s leading mobile carrier KT at its showrooms and services centers nationwide, the company said Thursday.The electric vehicle charger made for Benz’s EQ EV brand vehicles can also be used to charge electric vehicles with a single phase 5-pin socket.This is part of the automaker’s efforts to provide services that cater to local drivers in its fifth-biggest market, and to keep its position as No. 1 import

Fiat Chrysler Automobiles Korea released the new Compass compact sport utility vehicle, eyeing a share of Korea’s expanding imported compact SUV segment, the company said Tuesday.Designed to target urban drivers, the Compass SUV stands between the Jeep Renegade compact SUV and Cherokee midsize SUV. Local drivers will first be introduced to the all-new Compass Longitude 2.4 gasoline model and all-new Compass Longitude Limited 2.4 gasoline trims.  Jeep new Compass compact SUV (FCA Korea)Over 260,0

Hyundai and Kia Motors, South Korea’s top two automotive companies, will hold their biannual meeting this week with representatives of regional headquarters and overseas branches to discuss the issue regarding a possible US car tariff, alongside ways to bolster sales in the second half of the year, the companies said Tuesday.This week’s meeting is the first since the auto giants established regional headquarters in the US, Europe and India last month as part of Hyundai Motor Group’s strategy to

Record-high sales growth in EU suggests market potential amid waning sales in US, China, though questions linger over fate of premium brand

Hyundai’s three-door with yellow flames and purple wrapping Veloster hatchback roaming the streets of San Francisco is the ride characters in the Marvel movie titled “Ant-Man and the Wasp” use to save Ant-Man.Setting out to cement its image as a fun and exciting brand, Hyundai has launched the Veloster hatchback this February.The vehicle, with its red, asymmetrical exterior design, is unique and eye catching on first impression. The new Veloster (Hyundai Motor)The three-door hatchback has one ov

 Kim Soung-soo (second row, third from right), chairman of Youth For Understanding Korea, a nonprofit student exchange organization, poses with seven Korean students selected for the 2018 Korea-Japan exchange program sponsored by Toyota Korea. In the back row left from Kim are Nobuyuki Takemura, head of Toyota Korea; Hiroshi Shimbo, first secretary of the Japanese Public Information and Cultural Center; and In Sung-yeon, YFU Korea assistant national director. (YFU Korea)

South Korea's electric vehicles sales surpassed the 10,000-mark for the first time ever in the January-June period on strong demand for such cars as the Ioniq and Bolt, corporate data showed Sunday.Data from local carmakers and the Korea Automobile Importers and Distributors Association said EV sales in the first half of2018 stood at 11,866 units, roughly equal to the total sales tallied for the whole of 2017. Last year, EV sales reached 4,412 in the first six months and the annual figures hit 1

Hyundai Motor, South Korea’s No. 1 automotive company, has faced a temporary halt in production at its factories here due to strikes staged by its labor union, the company said Friday.The union held a total six-hour partial strike Thursday, and will stage a 12-hour strike Friday after failing to reach an agreement in wage talks. This is the seventh consecutive year that union members of the automaker have staged strikes.According to the Data Analysis, Retrieval and Transfer System, the temporary

In an attempt to highlight Clio’s French heritage, Renault Samsung, the French carmaker’s South Korean subsidiary, has decided to use the Renault marque for the hatchback’s sales here.Instead of using Renault Samsung’s “storm-eye” badge, the carmaker has attached Renault’s diamond emblem to the Clio, the company said. It means that the carmaker wants to promote Renault as an independent brand, and also that Clio is a compact vehicle that evolved for a long period of time, it explained. Promotion

Amid a steady shift in South Korean drivers’ preferences, imported car makers in the local auto industry continue to expand their presence, with Toyota Korea and Jaguar Land Rover Korea becoming the latest to each post over 1 trillion won ($887.8 million) in earnings, industry figures showed Thursday. This the first time that imported car makers besides the three German-based automakers, Mercedes-Benz Korea, BMW Korea, Audi Volkswagen Korea, have earned more than 1 trillion won here. The three G