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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] Polestar among luxury brands
Apr 16, 2023
Polestar, a Swedish all-electric vehicle maker, has become the first auto importer to open a pop-up store at the Hyundai Department Store in Pangyo, Gyeonggi Province. According to Polestar Korea, the EV maker will operate the pop-up store on the first floor alongside luxury brands such as Gucci, Hermes and Tiffany & Co. through May 14. Customers can check out the Polestar 2 on display, take the vehicle for a test ride and receive their orders at the department store.
[Herald Interview] BMW Motorrad offers upbeat outlook for Korean sales
Apr 14, 2023
Luxury motorcycle brand sees 20% jump in Korean sales last year
[Photo News] Kona Electric
Apr 13, 2023
Hyundai Motor Company on Thursday launched The All-New Kona Electric, a compact electric sports utility vehicle designed to suit the different lifestyles of various customers. Equipped with a 64.8 kilowatt-hour battery, the electric SUV can drive up to 417 kilometers per charge. According to the automaker, its starting price is set at 46.54 million won ($35,200), while the actual purchase cost is estimated to be in the low to mid 30 million won range after local and central government subsidies
[Photo News] BMW's hydrogen vision
Apr 12, 2023
BMW Korea on Wednesday unveiled its hydrogen-powered pilot model, the iX5 Hydrogen, on Yeongjongdo, Incheon. Based on BMW’s fifth-generation eDrive technology, it can power up to 401 horsepower and accelerate from 0 to 100 kilometers per hour in less than 6 seconds. The car’s energy tank, which takes 3-4 minutes for a full charge, can store approximately 6 kilograms of hydrogen. It can drive around 500 kilometers on a single charge.
Hyundai to inject W24tr for EV supremacy
Apr 11, 2023
Kia breaks ground for nation’s first EV-only plant, with President Yoon in attendance
Korean Air goes all out to close Asiana deal
Apr 10, 2023
Korean Air said Monday it is going all out to secure regulatory approvals from the remaining competition authorities -- the EU, US and Japan -- for acquiring its cash-strapped rival Asiana Airline. Korean Air CEO Walter Cho and other top executives have led the negotiation process with the antitrust regulators, the national flag carrier said in a statement. They also met with foreign airline authorities to offer new flying slots in South Korea, but the press release did not give more details.
[Photo News] New Mercedes-AMG EQE
Apr 10, 2023
Mercedes-Benz on Monday launched the new Mercedes-AMG EQE, the high-performance brand's second electric vehicle, in South Korea. Equipped with a 90.56-kilowatt-hour battery, the latest EV can drive up to 354 kilometers on a full charge, according to the automaker. The German brand's fastest EV so far, the new Mercedes-AMG EQE can reach 100 kilometers per hour from zero in 3.5 seconds. The price begins at 143.8 million won ($109,000).
[From the Scene] Han Sung Motor expands service center for Mercedes-Benz owners
Apr 10, 2023
With 80 workbays and over 130 technicians, Seongdong Service Center reigns as largest among auto importers in S. Korea
SK Energy opens first hydrogen charging station for trucks
Apr 9, 2023
SK Energy, a leading oil company under SK Innovation, said Sunday it has opened the country's first hydrogen charging station for large cargo trucks in Ulsan, an industrial city on the southern coast. With the charging capacity of 80 kilograms per hour, the hydrogen fueling station can charge 16 passenger cars per hour or 40 large trucks a day. Of the 7 billion won ($5.3 million) joint investment with the Korean government and Ulsan city, SK Energy shelled out 1.3 billion won to build a 1
Average unit price for exported Korean cars hits all-time high
Apr 9, 2023
The average unit price for Korean car exports hit an all-time high of $21,276 last year, thanks to the popularity of ecofriendly cars and recreational vehicles, data from the Korea Automobile Manufacturers Association showed Sunday. The price is a 40.5 percent jump from $15,147 in 2017. Last month, the average unit price reached $22,515. In 2022, the auto export volume surged on-year by 12.7 percent to 2.3 million units, while the total export price jumped 18 percent to $48.9 billion. The figu
[Photo News] On top of the world again
Apr 6, 2023
The Ioniq 6, Hyundai Motor Company's all-electric vehicle, took home the World Car of the Year honor at the award ceremony held at the New York International Auto Show on Wednesday. The victory marked the second consecutive win for the carmaker after its predecessor, the Ioniq 5, was given the same award a year ago. The Ioniq 6 also won the World Electric Vehicle and World Car Design of the Year, given by a jury of 100 automotive journalists from 32 countries.
Korean Air resumes more flights to popular European cities
Apr 5, 2023
Korean Air said Wednesday it is resuming services to four major destinations in Europe by late April. After a three-year hiatus due to the COVID-19 pandemic, the airline has resumed flights to Prague and Zurich since March 27, while those for Istanbul and Madrid are set to be resumed from April 24. Each route will have three flights per week. The four cities are among the most popular tourist destinations in Korea. Prague in eastern Europe is home to many UNESCO world heritage sites. Zurich, the
LG Energy Solution bolsters battery supply chain in Morocco
Apr 5, 2023
Korean battery maker secures critical material in African country to cope with US, EU-first acts
[Photo News] Disruptor designer of the year
Apr 5, 2023
Hyundai Motor Group won two awards at Newsweek’s World’s Greatest Auto Disruptors awards held Tuesday. Chief Creative Officer Luc Donckerwolke (right) was named the disruptor designer of the year, while Genesis House New York, a flagship luxury showroom, won the disruptor marketing of the year award. Last year, Executive Chair Chung Euisun was given the top visionary of the year award.
Thinking out of the box: Walter Cho’s leadership shines in crisis
Apr 5, 2023
Despite pandemic disruptions, Korean Air posts record sales in 2022
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Blackpink's solo journeys: Complementary paths, not competition
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Actor Song Joong-ki welcomes second child in Rome
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