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Tue, January 26, 2021 | 21:14

Renault Samsung bets on SUV models to revive sales in Korea

Renault Samsung bets on SUV models to revive sales in Korea

Renault Samsung Motors Corp., the South Korean unit of Renault S.A., will focus on promoting SUV models to revive sales amid the coronavirus pandemic, the company's country manager said Wednesday. Renault Samsung has suffered a sharp decline in sales this year in Asia's fourth-biggest economy due to lack of new models and the COVID-19 pandemic's impact on production and sales.

2020-11-11 14:26

Hyundai, Nvidia expand ties for connected cars

Hyundai, Nvidia expand ties for connected cars

Hyundai Motor Group is strengthening its ties with Nvidia to expand its use of the U.S. chip giant's in-vehicle drive system, the company said Tuesday.

Baek Byung-yeul | 2020-11-10 17:10

Union strike forces GM to suspend investment

Union strike forces GM to suspend investment

GM Korea has suspended a plan to invest 215 billion won ($190 million) in one of its plants in Incheon, saying the decision was mostly due to the union's strike over stalled wage negotiations and collective bargaining.

Nam Hyun-woo | 2020-11-06 16:26

GM Korea says it will reconsider investing in plant amid strikes

GM Korea says it will reconsider investing in plant amid strikes

GM Korea Co., the South Korean unit of General Motors Co., said Friday it will reconsider investing in its main plant as its union continues to strike for higher wages. GM Korea will "reconsider making an investment in the company's No. 2 Bupyeong plant for the production of a next-generation vehicle for exports," the company said in a statement.

2020-11-06 14:26

Renault Samsung supports ECCK's charity race with Twizy

Renault Samsung supports ECCK's charity race with Twizy

Renault Samsung Motors has supported a three-day charity race hosted by the European Chamber of Commerce in Korea (ECCK), providing its Twizy electric cars, the carmaker said Thursday.

Baek Byung-yeul | 2020-11-05 17:04

Han Sung Motor satisfies customers with fast service

Han Sung Motor satisfies customers with fast service

Mercedes-Benz Korea official dealer Han Sung Motor is winning customers' favor with its fast-track maintenance and service system at the Yongdap Service Center in Seongdong-gu, Seoul.

Nam Hyun-woo | 2020-11-04 16:13

Hyundai Glovis in spotlight under Chairman Chung Euisun

Hyundai Glovis in spotlight under Chairman Chung Euisun

Hyundai Motor Group's logistics unit, Hyundai Glovis, is playing a greater role in the businesses of the car conglomerate, which entered a new chapter by appointing Chung Euisun as chairman.

Nam Hyun-woo | 2020-11-02 16:58

Hyundai Motor sells over 380,000 units of Genesis overseas

Hyundai Motor sells over 380,000 units of Genesis overseas

Hyundai Motor Co. sold over 380,000 units of its premium brand Genesis in overseas markets over the past five years since the brand launched in November 2015, industry sources said Sunday. Sales of Genesis came to a combined 384,471 units in September this year, showing its steady sales in the global passenger car market, they said.

2020-11-01 11:04

Moon bets high on future mobility as economic driver

Moon bets high on future mobility as economic driver

President Moon Jae-in announced Friday a plan to strengthen Korea's presence in the future mobility market, highlighting the next five years will be a “golden time” for the country to secure a leading position.

Nam Hyun-woo | 2020-10-30 16:39

Hyundai sells over 10,000 Nexo hydrogen cars in South Korea

Hyundai sells over 10,000 Nexo hydrogen cars in South Korea

Hyundai Motor Co. said Friday it has sold over 10,000 Nexo hydrogen fuel cell electric vehicles in the domestic market since its launch in early 2018. Hyundai began to sell the Nexo hydrogen model in the local market in March 2018 as it aimed to take the leadership position in hydrogen mobility technology.

2020-10-30 13:30

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