S. Korean auto giant, Vietnam National University, Hanoi, to strengthen industry-academic ties

South Korean airlines have decided to downsize the number of routes between Korea and China during the summer peak season, following less-than-expected passenger demand for traveling between the two countries, according to industry sources on Sunday. National carrier Korean Air said it will stop the operation of routes between Gimpo International Airport and Beijing from Aug. 1 to Oct. 28, while its routes connecting Incheon Airport and Xian will also be suspended from Aug. 9 to Oct. 28. The nat

Lamborghini said Friday it would be launching its first plug-in hybrid high-performance sports car, the Revuelto, in Korea. “Revuelto sets another big milestone for Lamborghini’s new flagship vehicle. This is an important moment for us to launch the car model here in Korea,” Francesco Scardaoni, Asia Pacific regional director of Lamborghini, said at a press conference in Gimpo, Gyeonggi Province. Named after a Spanish fighting bull, Revuelto merges the best of Lamborghini&rsq

Stuart Norris, design vice president of GM International, touts team Korea’s ability to understand global trends, market direction

Hyundai Motor Company has joined hands with Japanese lifestyle content company Culture Convention Club (CCC) to expand its presence in the Japanese market by offering future mobility services such as zero-emission vehicles. According to the Korean automaker, the two sides will also cooperate in setting up a global experience-based platform and in conducting data-based marketing activities. In this photo, Hyundai Motor Company CEO Chang Jae-hoon (left) and CCC CEO Yasunori Takahashi pose for a ph

Renault Korea Motors, the South Korean unit of Renault S.A., said Thursday it is in talks with the South Korean government to manufacture electric vehicles at its sole Busan plant amid carmakers' accelerating electrification push. Busan Mayor Park Heong-joon met with Renault Executive Vice President Guido Haak in Paris on Tuesday during his visit to France to help promote Busan's bid to host the World Expo 2030. In the meeting, Haak said the French carmaker is planning to invest in the

Automaker's CEO in Korea says German headquarters has a team dedicated to catering to Korean demands

Toyota’s premium brand Lexus on Wednesday announced the Korean launch of its first battery-powered electric vehicle, the all-new electric RZ 450e, marking a shift from its hybrid EV-focused business portfolio. “Korea is a key market for understanding the latest trends of (the) automotive market because customers here are trend-savvy and show great interest in cutting-edge technology,” said Lexus International CEO Watanabe Takashi during a press conference in Seoul. “Latel

Ahead of this year’s vacation season, carmakers are increasingly launching crossover vehicles that combine the comfort of sedans with the roominess of SUVs. Swedish carmaker Volvo is no exception. Its crossover lineup, dubbed “Cross Country,” offers an “All-Road Package” suitable not only for outdoor activities like travel and camping, but also for daily driving. According to the carmaker, the lineup consists of the V60 CC and V90 CC, which provide ample cargo space

Hyundai Motor Co., Mercedes-Benz Korea Co. and five other companies will voluntarily recall more than 320,000 vehicles to fix faulty components, the transport ministry said Wednesday. The companies, including Kia Corp., GM Korea Co., Volkswagen Group Korea, Ford Sales & Service Korea and FMK, which sells Ferraris and Maseratis in the country, are recalling a combined 326,723 units of 22 different models, the Ministry of Land, Infrastructure and Transport said in a statement. The problems tha

South Korea’s exports of agriculture tractors hit a record high in 2022 by advancing 23 percent on-year, data showed, amid growing demand for small-sized models. The value of tractors shipped overseas came to $1.24 billion in 2022, rising from $1 billion tallied a year earlier, according to the data compiled by the Korea Customs Service. The amount also marked a sharp rise from $657 million posted in 2020, the data showed. The customs office said the increase was driven by rising demand fo

Carmaker vows to make investment worth over 109 trillion won in 10 years, including 35.8 trillion won into electrification

Mercedes-Benz Korea's corporate social responsibility committee has donated 20 EQB vehicles -- the German automaker's all-electric SUV -- to 20 social welfare organizations across South Korea in cooperation with the Future for Youth Foundation, the company said Tuesday. The committee has donated 64 cars since 2016 to provide comfortable and safe transportation for the underprivileged. This year's charity event marked its single-largest donation to celebrate Mercedes-Benz Korea

Latest electrification vision targets domestic, global sales of 50,000 this year

More than 35,000 new electric vehicle chargers were built nationwide in the first five months of this year, bringing the total number to over 240,000 units, a report showed Sunday, amid the nation’s fast-growing demand for clean transportation. As of May, 240,695 units of EV chargers were installed nationwide, according to a report from Rep. Park Sang-hyeok of the main opposition Democratic Party of Korea, citing data from the Ministry of Land, Infrastructure and Transport, and the Minis