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Biz & Tech

Auto

Wed, April 14, 2021 | 23:47

Kumho Tire receives 2021 German Red Dot Design Award

Kumho Tire has received Germany's Red Dot Design Award 2021 for its Ecsta V730 tire in the product design category. The Red Dot Design Award is a German international design prize awarded by Red Dot GmbH.

Kim Hyun-bin | 2021-04-14 15:24

[EXCLUSIVE] LG-Magna joint venture 'very near' to win Apple EV project

LG Electronics' joint venture with Canada-based automotive supplier Magna International - tentatively named LG Magna e-Powertrain - is “very near” to signing contracts with Apple to build its early electric vehicle (EV) models. “LG Magna e-Powertrain is very near to signing contracts with Apple under which they could handle the initial volume production of Apple EVs. Contract...

Kim Yoo-chul | 2021-04-13 16:24

Carmakers contemplate expanding chip-making capabilities

The global semiconductor shortage has put car manufacturers in a bind, with some contemplating expanding their development of some auto chips. Volkswagen announced recently it would increase its semiconductor making capabilities as well as strengthening relations with business partners in the sector. There is also speculation that Hyundai Motor is considering internalizing pa...

Kim Hyun-bin | 2021-04-12 16:34

Biden faces key test on EV battery trade dispute

U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia factory and his push for more electric vehicles. The companies, LG Energy Solution and rival SK Innovation have spent months trying to take advantage of past and promised U.S. investments, and t...

2021-04-09 21:19

Hyundai expands plant suspension on chip shortage

Hyundai Motor Co. said Friday it will temporarily suspend another domestic plant next week due to an electronic parts shortage. Hyundai will halt the operation of the Asan plant, 100 kilometers south of Seoul, which produces the Grandeur and Sonata sedans, from Monday to Tuesday, a company spokesman said over the phone.

2021-04-09 15:38

Samsung, SK request gov't for more support to overcome chip shortage

Kia launches K8 with newly branded emblem

Kia Corp. has launched the luxury K8 sedan under its new corporate name, introducing the vehicle's sleek interior and exterior design and features functions through its YouTube channel, Thursday. Kia decided to rebrand its image by changing the company name from Kia Motors to Kia Corp. The new K8 has been a hit so far, racking in over 24,000 preorders - 30 percent of the comp...

Kim Hyun-bin | 2021-04-08 15:50

SsangYong halts plant operations on chip parts shortage

Financially troubled carmaker SsangYong Motor Co. said Thursday it will suspend the operation of its local plant for a week due to lack of semiconductor chips. SsangYong will halt its plant in Pyeongtaek, 70 kilometers south of Seoul, from April 8-16, with a plan to resume operations on April 19, the company said in a regulatory filing.

2021-04-08 08:17

SsangYong Motor set to go under court receivership

Hyundai, Kia slim down product lineups to boost competitiveness

Hyundai Motor and affiliate Kia are slimming down their product lineups to focus on more popular vehicles and maximize profitability and competitiveness. Several of their models have been discontinued in order to enhance the production and sales efficiency of their flagship and more-popular vehicles.

Kim Hyun-bin | 2021-04-07 17:26

Volvo XC90 SUV sports safety, luxury with new B6 engine

Volvo has made eco-friendly changes to its flagship SUV, the XC90, powered by a newly equipped B6 AWD powertrain engine. The company held the “B6 Driving Experience Day” event in commemoration of the newly launched, high-quality mild hybrid engine.

Kim Hyun-bin | 2021-04-06 09:03

SsangYong unveils newly redesigned Rexton Sports pickup trucks

Actress Lee Si-young poses with SsangYong Motor's new Rexton Sports pickup truck in this photo provided by the company, Monday. The SUV maker said it will hold an online showcase event Tuesday to introduce the redesigned Rexton Sports and its long-body version, the Rexton Sports Khan, which are sold as the Musso and the Musso Grand in the overseas market. Courtesy of SsangYon...

Baek Byung-yeul | 2021-04-05 13:44

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