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Hyundai Motor, Kia win US ALG Residual Value Awards
in News
Hyundai Motor’s Kona EV Hyundai Motor Co. and Kia Corp. said on Wednesday that Hyundai’s electric compact sport utility vehicle…
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Robotis, MIT to jointly develop physical AI
in News
South Korea’s Robotis Co. said on Tuesday it partnered with the Massachusetts Institute of Technology (MIT) to develop physical AI.…
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Hyundai Mobis aims to expand non-captive sales to 40% as it goes global
in NewsHyundai Mobis CEO Lee Gyu-suk unveils the company’s long-term business strategy at the firm’s CEO Investor Day 2024 South Korea’s…
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Korean EV, battery makers to suffer from Trump’s plan to end incentives
in NewsUS President-elect Donald Trump addresses the Detroit Economic Club in Detroit, Michigan, home to the country’s three largest automakers, during…
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Hyundai Motor taps US unit chief José Muñoz as new CEO
in NewsJosé Muñoz, Hyundai Motor’s incoming CEO, enters a hotel in Seoul to attend the US-Japan-Korea Trilateral Executive Dialogue (TED) meeting…
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IONIQ 9, EV9 GT named most anticipated new vehicles in US
in News
The teaser image of Hyundai Motor’s IONIQ 9 (Courtesy of Hyundai Motor) Hyundai Motor Co. ‘s IONIQ 9 and Kia…
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Kia to supply PV5 to DHL Korea from 2026
in NewsKia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built…
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BYD to debut passenger EVs in South Korea in 2025
in NewsBYD Atto 3 in a manufacturing line (Courtesy of BYD) China’s electric vehicle giant BYD Co. will make a debut…
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Kia holds exhibition reflecting on 80-year-history
in NewsKia’s exhibition hall in Seoul Kia Corp., South Korea’s second-largest automaker, said on Thursday it opened a heritage exhibition “From…
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First Korean-American US Senator vows to cement Seoul-Washington tie
in News
Democratic US Representative Andy Kim delivers a victory speech at a DoubleTree Hotel in Cherry Hill, New Jersey on Nov.…
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Korean chipmakers, battery makers face new risks with Trump’s comeback
in NewsRepublican presidential nominee former President Donald Trump at an election night watch party on Nov. 6, 2024, in West Palm…
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Hybrids, EVs power Hyundai, Kia’s US auto sales in October
in News
The Tucson Hybrid (Courtesy of Hyundai Motor) Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto…
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Hyundai, Kia gets triple A credit rating from S.Korean agencies
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Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from…
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Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
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JSW Group Chairman Sajjan Jindal (left) and POSCO Group Chairman Chang In-hwa shake hands after signing a memorandum of understanding…
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Kia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
in NewsKia’s EV-dedicated plant in Gwangmyeong, Gyeonggi Province (Courtesy of Kia) Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor…
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Kia, KEPCO collaborate to build power ecosystem using PBV
in NewsSouth Korea’s Kia Corp. and Korea Electric Power Corp. (KEPCO), the state-run utility company, said on Thursday that they signed…
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Kia reveals teaser images of The New Sportage
in News
The teaser image of Kia’s The New Sportage South Korea’s Kia Corp. unveiled the teaser images and videos of The…
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Korea’s economy rebounds slower than expected in Q3
in News
Container terminals at the Port of Busan, South Korea (File photo by Yonhap) South Korea’s economy rebounded slower than the…
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Hyundai Motor Group wins Cars.com’s 2025 Top Pick EV Awards
in NewsHyundai Motor’s IONIQ 6 Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia…
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North Korean Troops Train in Russia as Moscow Deepens War Coalition
in News
A South Korea telecast last week purported to show satellite imagery of North Korean personnel at a Russian military facility.…
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Hyundai gears up for global expansion with Indian unit’s IPO
in NewsHyundai Motor Group Chairman Chung Euisun is lighting a lamp at Hyundai Motor India’s listing ceremony on the National Stock…
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Hyundai AutoEver SW platform gets A-SPICE level 3 certification
in NewsSouth Korea’s Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in…
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Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots
in News
Boston Dynamics’ humanoid robot Atlas South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and…
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Apparel maker Hansae sets sights on auto parts business as growth driver
in NewsHansae Yes24 Holdings Co. Vice Chairman Kim Suk-hwan speaks at the firm’s global investor relation session in Vietnam HO CHI…
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Hyundai, Kia production may be disrupted by subsidiary’s labor strike
in News
Hyundai’s production line for the Kona in South Korea. The company may suspend weekend overtime work at the production lines…
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Activist fund Palliser demands SK Square draw up value-boosting measures
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SK Square’s headquarters in Seoul UK-based activist fund Palliser Capital Ltd. is demanding SK Square Co., the investment arm of…
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Hyundai Mobis to invest $257 mn in EV parts plants in Slovakia
in News
Hyundai Mobis CEO Lee Gyusuk (left) and Slovak Prime Minister Robert Fico attended the signing ceremony for investments in EV…
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Kia unveils car accessory made from ocean plastic waste
in NewsKia Corp., South Korea’s second-largest automaker, said on Tuesday it introduced a trunk liner (mat) for the EV3, made from…
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MBK wins enough stake in tender offer to control Korea Zinc
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Information board at Korea Zinc’s headquarters in Seoul (File photo by News1) North Asia-focused private equity firm MBK Partners Ltd.…
