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Hyundai Glovis enters LNG transport business with Woodside Scarlet Ibis
Executives from Hyundai Glovis and Woodside Energy at HD Hyundai Samho for the naming ceremony for the Woodside Scarlet Ibis,…
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Hyundai Motor eyes hydrogen value chain leadership
Hyundai Motor CEO Chang Jaehoon (far right) takes over from Yoshinori Kanehana (far left), Chairman of Kawasaki Heavy Industries, as…
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Hyundai files for 1st overseas unit IPO in India: reports
Hyundai Motor Chairman Chung Euisun (third from left) poses after a town hall meeting with Hyundai Motor India employees in…
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Kia launches 2024 model year of Morning
Kia’s The 2024 Morning (Courtesy of Kia) Kia Corp. announced on Monday that it launched its flagship compact car Morning’s…
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Hyundai, Kia to require tougher ESG compliance from subcontractors
South Korea’s top automaker Hyundai Motor Group plans to require stricter environmental, social and governance rule compliance from its partners…
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US, China to serve Kia’s key offshore EV production bases
The 2025 Kia EV9 is the first electric vehicle assembled at Kia’s West Point facilityin the US state of Georgia…
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Eco-friendly cars reboot Hyundai, Kia’s US sales in May
The Tucson Hybrid (File photo, courtesy of Hyundai Motor America) Hyundai Motor Co. and Kia Corp., car manufacturers of the…
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Hyundai Glovis, EcoPro team up for EV battery recycling business
Hyundai Glovis and EcoPro signed an MOU on the expansion of their cooperaton in the EV battery recycling business Hyundai…
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Hyundai to raise Tucson Hybrid output in Korea for exports
The Tucson Hybrid (Courtesy of Hyudai Motor) Hyundai Motor Co., South Korea’s top automaker, plans to ramp up production of…
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Korea’s exports at 22-month high in May on chips, cars
Container terminals at the Port of Busan, South Korea (File photo, courtesy of News1) South Korea’s exports hit a 22-month…
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Korea’s April factory output rebounds amid weak consumption
Hyundai Motor vehicles are loaded on a car carrier ship for exports at a seaport in Ulsan, South Korea (File…
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Hyundai Motor India to file for IPO in June: reports
Hyundai Motor’s plant in Chennai, Tamil Nadu Hyundai Motor Co. plans to file for an initial public offering of its…
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Ex-Porsche engineer Harrer to lead Hyundai’s high-performance push
Manfred Harrer, Executive Vice President and Head of Genesis & Performance Development Tech Unit (Courtesy of Hyundai Motor) Hyundai Motor…
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Hyundai ties up with AWS, Meta, Microsoft for open map
(Captured from Overture Maps Foundation website) Hyundai Motor Group, the world’s third-largest automaker, teamed up with Big Tech companies such…
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South Korea steps on accelerator pedal for record 2024 car exports
Kia vehicles parked at a seaport in Pyeongtaek for exports ASAN, South Chungcheong Province – At Hyundai Motor Co.’s manufacturing…
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Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
LG Electronics’ automotive WebOS installed on the Kia EV3 South Korea’s LG Electronics Inc. will supply its automotive web-based operating…
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Kia premieres EV3 to boost global electrification push
(Courtesy of Kia) Kia Corp., South Korea’s second-largest automaker, on Thursday premiered the EV3, its low-cost electric sport utility vehicle…
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Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal
Mobase Chairman and co-CEO Son Byeong-Jun speaks to The Korea Economic Daily on May 17, 2024 SUWON, Gyeonggi Province —…
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Korea Inc. nearly triples dividend payments in decade
(Courtesy of Getty Images) Cash dividend payments by companies listed on the main bourse Korea Exchange have nearly tripled in…
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Korean banks broaden horizons to Mexico, Poland, Africa
Kookmin Bank’s branch in Cambodia South Korean banks are broadening their horizons into Mexico, Poland and Africa beyond Asia in…
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Record $259 bn yet to find investment targets in South Korea
Hana Bank’s trading floor in Seoul on April 16, 2024 (File photo by Lim Dae-chul) South Koreans parked a record…
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Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025
The rear of the Genesis Neolun Concept unveiled in March The Genesis, Hyundai Motor Co.’s standalone premium brand, will launch its…
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Hyundai Motor workers at Alabama plant move to join UAW
A sign shows directions to the Hyundai Motor Manufacturing Alabama (HMMA) automobile plant in Montgomery, Alabama (Courtesy of Reuters) South…
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KT, Nokia to collaborate on global 6G research
South Korea’s KT Corp. announced on Wednesday that it signed a business agreement with global mobile communications equipment manufacturer Nokia…
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Kia unveils teaser images for all-electric EV3
Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric…
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Hyundai Motor Group has most IIHS safest cars
Hyundai Motor’s IONIQ 5 (Courtesy of Hyundai Motor) Hyundai Motor Group announced on Friday that the Hyundai Motor Co. ‘s…
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Hyundai to spend $923 mn on self-driving JV Motional
Motional’s IONIQ 5 robotaxi in front of the Sphere in Las Vegas (Courtesy of Motional) Hyundai Motor Group, the world’s…
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Kia unveils teaser images for The New EV6
Kia Corp., the second-largest automaker in South Korea, is introducing an improved model of its first-ever all-electric sports utility vehicle…
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Kia logs record profit, revenue in Q1 on weak won
A hybrid model of Kia’s Carnival (Courtesy of Yonhap) Kia Corp., the second-largest automaker in South Korea, posted record quarterly…
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Hyundai to produce hybrid cars at EV-only plant in US state of Georgia
A hybrid model of the Hyundai Tucson sport utility vehicle (File photo, courtesy of Hyundai) Hyundai Motor Co., South Korea’s…
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Hyundai Glovis expects better 2024 after beating market in Q1
Hyundai Glovis vessel at a port and cars to be loaded (Courtesy of Hyundai Glovis) Hyundai Glovis Co. expects an…
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Hyundai Motor’s Chung visits India amid talks of Indian arm’s IPO
Hyundai Motor Chairman and CEO Chung Euisun (second from right) at a town hall meeting in India on April 23…
