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POSCO eyes investment in Hyundai Steel’s US plant
An electric furnace at Hyundai Steel’s Incheon plant POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival…
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South Korea Announces Emergency Support for Auto Sector Against U.S. Tariffs
South Korea’s car exports to the U.S. stood at $34.7 billion in 2024. Photo: Chung Sung-Jun/Getty Images South Korea’s government…
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Hyundai chief Chung, GM CEO Barra to meet in Sept in Detroit
General Motors Chair and Chief Executive Mary Barra (left) and Hyundai Motor Group Executive Chairman Chung Euisun shake hands after…
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Samsung unveils upgraded AI-powered OLED TVs
Yong Seok-woo, head of Samsung’s visual display division, presents its latest OLED TV lineup (Courtesy of Samsung Electronics) Samsung Electronics…
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Hyundai, Kia top 500,000 EV sales in S. Korea after 14 years on the road
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Samsung, LG reconsider Vietnam strategies as Trump slaps steeper tariffs
US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C. on…
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Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors
Hyundai Chairman Chung Euisun unveils a $21 billion US investment plan during a meeting with President Donald Trump at the…
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Hyundai’s new American dream comes with new plant, more spending
▲ Hyundai Motor Group Metaplant America Celebrates Grand Opening | HMGMA ELLABELL, Georgia – When Hyundai Motor Group honorary chairman…
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Hyundai Motor Shares Rally After U.S. Investment Plan
Hyundai Motor Group Executive Chair Euisun Chung delivers remarks in the Roosevelt Room at the White House, in Washington, D.C. Photo: carlos…
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Hyundai Motor to invest $21 billion in US amid tariff concerns
Hyundai Motor and Kia headquarters buildings in Seoul South Korean auto behemoth Hyundai Motor Group will invest $21 billion to…
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LG Electronics restarts home appliance plant in Russia
LG Electronics’ built-in home appliance product line-up LG Electronics Inc. has resumed operations at its home appliance plant in Russia…
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BIBI Brings ‘EVE’ to New Zealand: Get Ready for a Night of Genre-Blending Music in Auckland This October 2025!
Photo Credits: Feel Ghood Music. Information Credit: Live Nation NZ South Korean sensation BIBI is set to captivate audiences in…
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Hyundai chief Chung Euisun targets software-led car dominance by 2028
Hyundai Motor Chairman Chung Euisun Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc.…
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Korea sees record Feb auto exports before looming Trump tariffs
Cars for export are parked at the port of Pyeongtaek, Gyeonggi Province, South Korea, on March 18, 2025 (Courtesy of…
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LG Group units step up joint marketing for in-vehicle electronics
The interior of a car equipped with LG Electronics’ infotainment systems Chief executives of LG Group’s key units, including LG…
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Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
Kia’s EV5, its first China-made global electric car South Korea’s second-largest automaker Kia Corp. saw its Chinese operations turn profitable…
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Hyundai, Kia ready to ramp up EV output in Europe, US
The IONIQ 5 N at the 2024 Beijing International Automotive Exhibition on April 25, 2024 (Courtesy of Hyundai) South Korea’s…
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Korea’s weak exports add to woes over Trump tariff risk
Container terminals at the Port of Busan, South Korea (File photo by Yonhap) South Korea’s exports in the first two…
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Hyundai CEO Muñoz named MotorTrend Person of the Year
(Captured from MotorTrend’s website) South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the…
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Kia CEO stands firm on electrification strategy, premieres EV4 in Europe
▲ New EV Lineup Debuts at Kia EV Day | Kia TARRAGONA, Spain – Despite a temporary slowdown in electric…
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Hyundai, Samsung deepen ties to win humanoid race
Dog-like robot Spot, humanoid robot Atlas and Hyundai’s NEXO hydrogen fuel cell car (Courtesy of Hyundai Motor Group) South Korea’s…
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Bank of Korea cuts rates, growth forecast on Trump tariff policy
Bank of Korea Governor Rhee Chang-yong speaks to the press on Feb. 25, 2025, after the central bank cuts interest…
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Hyundai Motor launches future strategy division overseeing M&As
Hyundai Motor will launh its first all-electric, three-row sports utility vehicle IONIQ 9 in March 2025 Hyundai Motor Group has…
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Hyundai, Kia enjoy record January US sales on eco-friendly cars
The Hyundai Santa Fe Hybrid (File photo by Hyundai Motor America) South Korea’s top automaker Hyundai Motor Co. and its…
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Kia hits record 2024 sales; profit margins highest among global automakers
The Kia EV9 on display at Incheon International Airport South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever…
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SK On bags $1.8 billion EV battery deal with Nissan
Loss-making SK On Co., the world’s fifth-largest battery maker, has hit the jackpot with a $1.8 billion deal to supply…
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Hyundai Motor logs record sales for two straight years on SUVs, hybrids
Hyundai’s Genesis GV80 Coupe South Korea’s top automaker Hyundai Motor Co. on Thursday posted its largest-ever sales for a second…
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Samsung, LG consider moving electronics plants to US from Mexico
US President Donald Trump speaks after being sworn in as president of the United States at the US Capitol building…
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Hyundai Steel sells over 1 mn tons of auto steel to non-captive customers
High-strength hot stamping steel sheets for car body developed by Hyundai Steel Hyundai Steel Co., South Korea’s second-largest steelmaker, sold…
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Kia starts to produce Syros SUV in India
Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs…
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Hankook Tire gains edge over Chinese rivals under Trump tariffs
Hankook Tire’s first plant in Clarksville, Tennessee CLARKSVILLE, Tennessee — At the Hankook Tire plant in Clarksville early this month,…
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China’s BYD enters S.Korean EV market
BYD’s Atto 3 (Courtesy of BYD) China’s electric vehicle (EV) giant BYD Co. officially debuts in the South Korean passenger…
