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Thu, July 18, 2019 | 02:47

Gov't easing rules on ride-hailing service

Mobility platform operators will be permitted to do business if they contribute some of their earnings to the taxi industry, the government said, Wednesday. In addition, the government is set to ease rules for joint services between taxi firms and new ride-hailing platforms like Waygo Taxi and apps such as Kakao T to enter the transport sector.

Kang Seung-woo | 2019-07-17 16:47

Hyundai Motor pledges more investment into Israel

Hyundai Motor Group Executive Vice Chairman Chung Euisun pledged an expansion in the group's investment into Israeli startups, during the country's President Reuven Rivlin's visit to the automaker's research center in Hwaseong, Gyeonggi Province, Monday.

Nam Hyun-woo | 2019-07-15 17:06

Venue completes Hyundai Motor's SUV lineup

YONGIN, Gyeonggi Province _ Hyundai Motor's smallest SUV, the Venue, has debuted in the Korean market, appealing to young customers looking for their first car with its strong external presence.

Nam Hyun-woo | 2019-07-12 17:39

Hyundai Mobis, Yandex unveil self-driving robotaxi

Hyundai Mobis and Russia's Yandex will be testing a public robotaxi service with a newly developed self-driving car, the auto parts maker said Thursday.

Kwak Yeon-soo | 2019-07-11 17:53

SUVs pushing out subcompact sedans

Subcompact sedans are becoming hard to find in Korea as carmakers have filled their lineups with SUVs in line with changing consumer preferences, industry officials said Wednesday.

Nam Hyun-woo | 2019-07-10 16:50

Developing self-driving car

Participants of the 2019 Hyundai Motor Group Autonomous Vehicle Competition for university students pose at a self-driving car testing ground in Hwaseong, Gyeonggi Province, Wednesday. Twelve teams comprised of university students have been developing self-driving cars since April last year and their vehicles will be tested for how quickly they can finish six tasks. The group...

Nam Hyun-woo | 2019-07-10 16:49

Mando to dismiss workers on falling sales

Korea's No. 2 auto parts maker Mando has launched mass layoffs of its executives and employees, as its main clients Hyundai Motor and Kia Motors' China sales plunge, according to the company, Wednesday.

Nam Hyun-woo | 2019-07-03 17:03

SsangYong to close plant for 4 days due to falling sales

SsangYong Motor will shut down its plant for four days this month as it grapples with the soaring number of unsold vehicles caused by falling demand abroad, the company said Tuesday.

Nam Hyun-woo | 2019-07-02 17:33

ABB FIA Formula E Championship will be held in Seoul in 2020

The ABB FIA Formula E Championship, the world's all-electric race series, will be held in Seoul for the first time on May 3, 2020, the organizing committee said Tuesday.

Kwak Yeon-soo | 2019-07-02 16:47

GM, Ford going after Hyundai Motor's Palisade

GM Korea and Ford will test Hyundai Motor's ongoing dominance in the country's rapidly-growing SUV market by launching new vehicles in the second half of the year, according to company officials Monday.

Nam Hyun-woo | 2019-07-01 17:12

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