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What you need to know about Adani's US bribery indictment
Hyundai Motor’s Genesis US push challenged by Trump’s tariff hike: sources
Oasis confirms first Korean concert in 16 years
North Korean leader ‘convinced’ dialogue won’t change US hostility
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
Naver Webtoon promises creative freedom, responsible webtoon platform
Two jailed for forcing disabled teens into prostitution
Japan confirms vice-ministerial level figure attending Sado mine memorial
Daewoo E&C chair honored in India for boosting bilateral economic ties
South Korean military plans to launch new division for future warfare
[Today’s K-pop] Babymonster logs 100m views with ‘Drip’ music video
Dongduk Women’s University halts coeducation talks
SK chief underlines power of 'design thinking' amid global uncertainties
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
Hanjin inks partnership with DHL to boost logistics competitiveness
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
OpenAI in talks with Samsung to power AI features, report says
Defense ministry denies special treatment for BTS’ V amid phone use allegations
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
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[Photo News] Hyundai Promotes Busan Expo
Jun 18, 2023
Hyundai Motor Group’s flagship electric vehicles -- Ioniq 5 and 6, and EV6 -- are parked across the Eiffel Tower in Paris on Sunday to promote Busan’s bid to host the 2030 World Expo. Ten EVs will offer transport services for the South Korean delegations and travel around the city’s popular tourist attractions during the 172nd General Assembly of the Bureau International des Expositions, the intergovernmental body that oversees the event, on Tuesday and Wednesday.
Kia to launch all-electric EV9 SUV in S. Korea this week
Jun 18, 2023
Kia Corp., South Korea's second-biggest carmaker, said Sunday it will launch its all-electric EV9 flagship SUV in the domestic market this week as part of its electrification efforts. The three-row seater is Kia's second model equipped with Hyundai Motor Group's dedicated electric vehicle platform, called E-GMP, after the EV6 SUV launched in 2021. The two-wheel-drive EV9 comes with a 99.8 kilowatt-hour battery and can travel 501 kilometers on a single charge. An all-wheel-drive mo
GM names marketing veteran as new Korea chief
Jun 16, 2023
General Motors said Friday it has appointed Hector Villarreal, vice president of vehicle sales, service and marketing at GM Mexico, as its Korean unit’s new president and CEO, effective from Aug. 1. Kicking off his career at GM Mexico in 1990, Villarreal has held various positions within the company across several branches. He has served as president and managing director of GM Operations in Uzbekistan, managing director of GM Russia and president of GM Southeast Asia. In his most recent p
Rolls-Royce Spectre makes Asia-Pacific debut in Seoul
Jun 16, 2023
British luxury carmaker's first EV to be launched in Korea in second half of year
Hyundai bets big on future mobility
Jun 15, 2023
Auto giant spent W1.3tr in acquiring tech startups over past five years
[Photo News] Most eco-friendly cars in Canada
Jun 15, 2023
Hyundai Motor's all-electric Ioniq 6, pictured, and Ioniq 5 have been named this year's Canadian Green Car of the Year and the Canadian Green Utility Vehicle of the Year, respectively, the South Korean automaker said Thursday. Organized by the Automobile Journalists Association of Canada, the awards were based on a review and vote from judges comprising local auto experts and journalists. The automaker said the awards recognize the product value of all-electric vehicles developed on Hy
Jeju Air to open routes to Oita, Hiroshima
Jun 15, 2023
Jeju Air Co. said Thursday it will open routes from Incheon to Oita and Hiroshima to absorb rapidly recovering air travel demand amid a nationwide move to return to pre-pandemic normalcy. South Korea's biggest low-cost carrier will start services on the Incheon-Oita route on June 22 and the Incheon-Hiroshima route on July 13, the company said in a statement. In the January-March period, Jeju Air shifted to a net profit of 48.19 billion won ($36 million) from a net loss of 64.91 billion won
Auto exports jump 50% in May on strong eco-friendly car sales
Jun 15, 2023
South Korea's car exports soared nearly 50 percent on-year in May driven by vibrant demand for eco-friendly cars, particularly in the US market, the industry ministry said Thursday. The value of outbound shipments of automobiles came to $6.2 billion last month, up 49.4 percent from a year earlier to reach the highest monthly figure for any May, according to the data from the Ministry of Trade, Industry and Energy. The monthly car exports surpassed the $6 billion mark for the first time in M
Hyundai Kona Electric nears 300,000 unit sales
Jun 12, 2023
Hyundai Motor’s electric compact Kona Electric is set to hit the 300,000 mark in cumulative sales next month, solidifying its position as one of the bestselling electric vehicles manufactured in Korea. As of April, a total of 285,138 Kona Electric cars have been sold since its official debut in 2018, according to the carmaker’s investor relations data released on Monday. Overseas sales accounted for 258,663 units -- nearly seven times the amount of domestic sales. Over 50,000 units w
[Photo News] Hyundai wins TCR in Italy
Jun 12, 2023
Norbert Michelisz, Hyundai Motor’s Avante N TCR driver, celebrates after winning the 2023 Touring Car Race World Tour held in Italy from June 6-12. Selected as the No. 1 and 4 best drivers for this year’s season, respectively, Michelisz and another team member, Mikel Azcona, drove the Elantra N TCR in the race. The car is a high-performance model of Hyundai’s flagship sedan Avante.
Hyundai Motor seeks to reshore $5.9b, boosting production at home
Jun 12, 2023
Capital surplus from foreign units to be exempt from corporate taxes, help improve carmaker’s financial stability
[Test Drive] G70 roars with sports sedan performance
Jun 12, 2023
Upgraded 2.5-liter turbo engine highlights performance enhancement
[Behind the wheel] Toyota Crown Hybrid sets standard for hybrid cars
Jun 11, 2023
With the yearslong boycotting of Japan-made products in Korea showing signs of abating, Japanese auto giant Toyota is seeking to turn the tables here with the Crown Hybrid crossover utility vehicle, which shows off its latest technological advancements in combining a combustion engine and electric motor. The Crown was Toyota’s first mass-produced car model, with the longest history of 69 years and its bestselling premium sedan at home. But in Korea, the car has long been absent after it
[KH Explains] Mobility alliance win-win for Samsung, Hyundai
Jun 11, 2023
Following announcement of first-ever supply deal, hopes high for business synergy between chaebol rivals
Hyundai chief vows to learn from past
Jun 8, 2023
Hyundai Motor Group Executive Chair Chung Euisun highlighted the importance of learning from the past to prepare for the rapidly changing mobility industry, at the opening ceremony for an exhibition honoring the carmaker’s first mass-produced car, the Pony. “With ChatGPT now a buzzword, artificial intelligence and robotics technology are witnessing exponential growth. Under the circumstances, we need to ask what our purpose of existence and future road map are,” said Chung at t
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