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Tue, January 26, 2021 | 21:10

Audi moving aggressively into Korean market with new models

Audi moving aggressively into Korean market with new models

Audi is speeding up its expansion in the Korean market, offering various new models ranging from its popular A6 luxury sedan to the e-tron electric vehicle (EV), the German carmaker said Monday.

Baek Byung-yeul | 2020-11-23 16:49

GM Korea remains mum over 'possible exit'

GM Korea remains mum over 'possible exit'

GM Korea is remaining mum over the possibility of the U.S. auto giant's withdrawal from the Korean market after a senior General Motors executive hinted Wednesday at a “possible exit” citing the prolonged strike by the union at the company.

Nam Hyun-woo | 2020-11-19 16:20

Chung Euisun aims to turn Hyundai Motor into future mobility firm

Chung Euisun aims to turn Hyundai Motor into future mobility firm

Hyundai Motor Group Chairman Chung Euisun is seeking to grasp the lead in the future mobility industry by investing heavily in innovative companies overseas. Earlier this year, the chairman announced plans to inject 100 trillion won into the industry by 2025.

Kim Hyun-bin | 2020-11-19 09:15

Traffic big data MOU

Traffic big data MOU

From left, Korea Transportation Safety Authority (KTSA) traffic safety head Cho Kyung-soo; Hyundai, Kia mobility platform head Kwon Oh-kyung; KB Insurance car insurance department deputy head Kim Min-ki; and Hyundai Capital commercial planning head Lee Dong-won pose after signing a traffic big data MOU at the KTSA meeting room in Seoul, Monday. / Courtesy of Hyundai and Kia M...

Kim Hyun-bin | 2020-11-17 16:36

Despite Mahindra exit, SsangYong aims for recovery

Despite Mahindra exit, SsangYong aims for recovery

INCHEON - After its largest shareholder Mahindra & Mahindra's reaffirmation that no additional capital or investment will be made in struggling SsangYong Motor, the Korean carmaker is aiming to see a visible recovery with its brand-new mid-tier Rexton-branded SUV.

Nam Hyun-woo | 2020-11-15 16:40

Hyundai Mobis hires former committee member of Valeo

Hyundai Mobis hires former committee member of Valeo

Hyundai Mobis said Sunday it has hired Axel Maschka to head its Global Sales Division, marking the first time for the auto component maker to employ a non-Korean as an executive outside its R&D department.

Nam Hyun-woo | 2020-11-15 16:40

Elon Musk tests positive for COVID-19

Elon Musk tests positive for COVID-19

Tesla Inc Chief Executive Officer Elon Musk said on Saturday he "most likely" has a moderate case of COVID-19, as he continued to question the accuracy of the tests. "Am getting wildly different results from different labs, but most likely I have a moderate case of covid. My symptoms are that of a minor cold, which is no surprise, since a coronavirus is a type of cold," Musk ...

2020-11-15 11:22

BCG Korea names managing director partners

BCG Korea names managing director partners

Boston Consulting Group (BCG) Korea has named Lee Kang-wook and Im Jang-gyun as managing directing partners.

Kim Bo-eun | 2020-11-13 14:51

Hyundai Motor, Singapore state utility to jointly explore EV biz

Hyundai Motor, Singapore state utility to jointly explore EV biz

South Korea's Hyundai Motor Co. said Thursday it will work with Singapore's national utility SP Group to promote electric vehicles and establish charging infrastructure in the Southeast Asian country. Hyundai Motor has signed a business cooperation agreement with SP Group to supply its electric vehicles to Singapore and seek business opportunities in the "battery-as-a-service...

2020-11-12 10:55

Union dispute corners GM Korea under Biden presidency

Union dispute corners GM Korea under Biden presidency

The prolonged dispute between GM Korea and its union is affecting the carmaker's attractiveness as a production base for General Motors' future models.

Nam Hyun-woo | 2020-11-11 16:50

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