Beijing Hyundai Motor's plant in Changzhou, eastern China. (Hyundai Motor Group)Beijing Hyundai Motor, a 50-50 joint venture between Hyundai Motor and Chinese state-owned BAIC Motor, resumed production at Changzhou plant in eastern China on Friday, after a three-day long suspension due to delayed payments to an auto parts supplier.Operations there halted earlier this week when a German-based air filter supplier refused to deliver air intake systems due to unpaid bills.“We are currently in talks

Hankook Tire, the nation’s largest tiremaker, will supply its ultra-high-functioning tire Ventus S1 evo2 for Audi’s new RS5 Coupe model, the company said Thursday. The product will be supplied as original equipment tire to German luxury carmaker, it added.It is the second high-spec Audi model to equip Hankook Tire’s Ventus S1 evo2. Hankook Tire has already been supplying the product for the Audi TT. (Yonhap)Winning recognition from the Deutsche Tourenwagen Meisterschaft, a touring car racing ser

Ford Motor Company, Mitsubishi Motors Corporation and BMW will recall faulty parts in more than 1,000 vehicles sold in South Korea, the transport ministry said Thursday.Ford will recall 626 Lincoln MKZs and eight Fusion sedans manufactured in 2013 to replace faulty door latches. Mitsubishi issued a recall for 606 Outlander SUVs made between 2008 and 2012 due to a potential problem with the front windscreen wiper system. The carmaker has identified a weakness with the electric wiper motor, which

LG Group, which has been aggressively expanding its presence in the vehicle components sector, made clear it is not moving to build electric vehicles (EVs), industry sources said Thursday."We are not even considering manufacturing a complete vehicle," an LG Group official stressed.Industry watchers have been speculating that LG Group may jump into car production as its affiliates recently expanded investment in the vehicle components businesses. (Korea Herald DB)Last month, LG Electronics Inc. s

Clay models of GM vehicles and the interior made using 3-D augmented reality technology at the Design Center in Bupyeong, Gyeonggi Province (GM Korea)BUPYEONG, Incheon -- Stepping up efforts to quell unrelenting rumors of its potential pullout from South Korea, GM Korea on Wednesday arranged a press tour of its design center, with the newly appointed CEO emphasizing the importance of the market here.“Firstly, I have heard the many rumors of media regarding our operation in GM Korea. I can assure

Hyundai Motor has signed a memorandum of understanding with Technion, an Israeli institute of technology, to jointly develop artificial intelligence and technologies for autonomous driving, the company said Thursday.The joint project also includes a plan to support budding enterprises in Israel and use their ideas to devise new market platform aimed at realizing innovative mobility. South Korea’s Korea Advanced Institute of Science and Technology also joins the project, the company said. Officia

Sales of imported vehicles in South Korea jumped 10 percent last month compared to a year earlier on robust demand for German and Japanese vehicles, industry data showed Wednesday. The number of newly registered foreign vehicles rose to 17,547 in August from 15,932 a year earlier, the Korea Automobile Importers and Distributors Association said in a statement. The three best-selling models were the BMW 520d, Lexus ES300h and Mercedes-Benz E 220d 4MATIC sedans, the statement said.  BMW`s 10 milli

Mercedes-Benz Korea released the New S-Class sedans in Seoul on Monday, starting with diesel-powered models.For two months, the German luxury carmaker‘s local sales unit will be selling eight models, including the Mercedes-AMG S 63 4Matic and Mercedes-Maybach, the company said. S-Class Coupe and S-Class Cabriolet models will be introduced next year, it added.  The New Mercedes-Benz S-Class (left) and New Mercedes-Maybach S-Class (right) (Mercedes-Benz Korea)“Different engines will come not all t

Automaker’s Vice Chairman Chung Eui-sun begins trip to Europe, where the automaker has been seeing strong performance

South Korea's leading automaker Hyundai Motors Co. said Tuesday it has unveiled a light truck designed for the local market at a Russian commercial car exhibition.Hyundai will promote the HD36L, a 2.5-liter diesel-powered light truck, at the 2017 Comtrans Commercial Vehicles Auto Show set to run this week in Moscow. The truck is based on the Mighty truck, which is available in South Korea, the company said in a statement.  This photo provided by Hyundai Motor shows its HD36L light truck in Mosco

A Hyundai Motor Co.'s plant in China was forced to suspend operations Tuesday as a German company refused to supply auto components due to payment problems, the South Korean carmaker said.Hyundai's plant in Cangzhou, Hebei District, was brought to a halt as the supplier has stopped delivering air intake components due to delayed payments, a company spokesman said over the phone."We are in talks with the German partner so work can resume at the No. 4 plant (in China)," he said without elaborating

Workers at GM Korea Co. will stage a partial strike Tuesday to demand higher wages as the company has not offered any satisfactory terms in this year's wage talks, the union said.GM Korea union said its day-shift workers in the company's plant in Bupyeong, about 30 kilometers west of Seoul, will carry out a four-hour strike and night-shift workers will also walkout for four hours. "The planned strikes are a normal part of wage negotiations," union spokesman Dang Sung-geun said by phone.  (Yonhap

South Korean carmakers posted weaker sales in the Chilean car market in the first half of this year, according to data compiled by a local automotive association.Hyundai Motor, which had topped the market with sales of 31,398 units in 2016, gave away the top spot to Chevrolet during the January-July period this year, according to the National Automotive Association of Chile on Monday.During the seven-month period, Hyundai Motor held 9.1 percent market share with sales of 17,276 small and midsize

Teaser image of Genesis G70 (Hyundai Motor Group)[THE INVESTOR] Hyundai Motor gave media a peek at its luxury marque Genesis’ all-new sports sedan G70, with plans to release the car in the US early next year. “We are planning to launch Genesis G70 in the North American market sometime early next year,” said Hwang Chung-yul, senior vice president at the Genesis Project Management Center, at a media preview held in Seoul on Sept. 1. “We will gradually roll out the car in other regions.” Prior to G

While carmakers blame labor dispute, experts say their lack of flexibility and creativity are also serious problems