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Hyundai, Kia post record August US sales, driven by hybrids, EVs

The 2025 Hyundai IONIQ 5 XRT (Courtesy of Hyundai Motor America) South Korea’s Hyundai Motor Co. and its sister firm…
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Toyota chairman to visit Seoul, discuss hydrogen cars with Hyundai’s Chung

Toyota Chairman Akio Toyoda at the 2020 CES in Las Vegas (Courtesy of Yonhap) Akio Toyoda, chairman of Japan’s top…
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Will Samsung take over Nokia’s mobile network assets?

Samsung Electronics office in Seoul (File photo by Dae-chul Lim) Samsung Electronics Co., the world’s top smartphone maker, showed initial…
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Hyundai Mobis 42 new techs utilizing AI, VR

South Korea’s Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center…
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Hyundai zeroes in on hybrid cars, longer-range EVs

Hyundai Motor executives, including CEO Chang Jae-hoon (fourth from right), speak at the 2024 CEO Investor Day forum Hyundai Motor…
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Hyundai Motor, Kia gets A- credit rating from S&P Global

Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-,…
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LG aims to make most of profit from new growth engines

LG Electronics CEO Cho Joo-wan speaks during an investor forum at LG Science Park in Seoul on Aug. 21, 2024…
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LG Energy looks to battery safety diagnosis software business

EV battery system jointly developed by LG Energy and GM LG Energy Solution Ltd., one of the world’s top battery…
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Hansae Yes24 moves closer to owning GM supplier Erae AMS

Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hansae Co., has moved…
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Hyundai, Kia to apply BMS to all EVs to prevent fire

Hyundai and Kia’s BMS (Courtesy of Hyundai Motor Group) Hyundai Motor Group, the world’s third-largest automaker, plans to install its…
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Hyundai Mobis’ sustainability pledge for a better tomorrow

Hyundai Mobis employees inspect the biodiversity of the Miho River, Jincheon, North Chungcheong Province (Courtesy of Hyundai Mobis) Hyundai Mobis…
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Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70

Hyundai Motor’s Santa Cruz pickup South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a…
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Fashion OEM Hansae among bidders for GM Korea supplier

Erae AMS’ auto parts for advanced driver assistance systems (ADAS) (File photo, courtesy of Erae) The holding company of Hansae…
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Korea’s retail investors buy stocks on dips in turmoil

(Courtesy of Getty Images) South Korea’s individual investors took the recent turmoil in stock markets as chances to buy shares…
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Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea

The Audi RS e-tron GT Imported vehicle dealers in South Korea are offering deep price cuts amid a growing electric…
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SK Telecom, Nokia to cooperate on AI-based network tech

South Korea’s SK Telecom Co. announced on Monday that it signed a memorandum of understanding (MOU) with Nokia to commercialize…
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Biotech stocks, foreigners’ top pick in Korea amid panic selling

Trading room at Kookmin Bank’s branch in Yeouido, Seoul on August 5 (Courtesy of Yonhap) Foreigners and institutional investors in…
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Half of imported EVs in Korea run on Chinese batteries as EV fires rise

Police are investigating the cause of a fire involving a Mercedes-Benz EV in Incheon, Korea Of 58 electric vehicle models…
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Woojin selected as preferred bidder for Inglewood light rail project

ITC light rail line station rendering Woojin Industrial Systems Co., a South Korean railway vehicle manufacturer, said on Friday that…
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Hyundai Motor mulls connected car partnership with Google

(Courtesy of Hyundai Motor Group) Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to…
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Kia’s Chinese business makes turnaround as it becomes export base

Kia cars at the 2021 China Guangzhou International Automobile Exhibition South Korean automaker Kia Corp.’s Chinese business has been struggling…
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Hyundai Motor chief Chung’s unwavering support for Korean archery team

Hyundai Motor Chairman Chun Euisun (right) and Korean archers who won the gold medal in women’s team at the Summer…
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Hyundai gives advanced air mobility demo in Indonesia

Mohammed Ali Berawi (center), deputy of Green and Digital Transformation of Indonesia’s Nusantara CapitalAuthority gives a presentation during Hyundai’s future…
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LG Uplus to feature in-car games to Kia EV3

South Korea’s LG Uplus Corp. said on Wednesday that it will offer its web-based in-car game service Game Portal in…
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Hyundai eyes Japan’s commercial EV market with e-bus deal with Iwasaki

Cho Won-sang (right), head of Hyundai Mobility Japan, and Iwasaki Group CEO Yoshitaro Iwasaki sign an LOI on the Elec…
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High power bills drive Korean manufacturers out of country

Samsung Electronics semiconductor complex in Taylor, Texas under construction (File photo by EPA/Yonhap) South Korean manufacturers moved abroad as electricity…
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Kia overtakes Hyundai in US EV market driven by SUVs

Kia EV3 concept Kia Corp., South Korea’s No. 2 carmaker behind its sister company Hyundai Motor Co., is racing ahead…




































