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Sun, December 16, 2018 | 10:10

Biz & Tech > Automotive >

Elliott demands demerger of Hyundai Mobis

U.S. activist fund Elliott has issued a fresh corporate restructuring proposal to Hyundai Motor Group (HMG), demanding the group “demerger” its auto parts unit Hyundai Mobis.

Automotive | 2018-09-07 20:32

Chung proclaims shift to 'smart mobility'

Hyundai Motor proclaimed a shift from being just a carmaker to a provider of smart mobility services to cope with rapid changes in the automobile industry, the company's chief said, Friday.

Automotive | 2018-09-07 16:49

Carmakers worried about new penalty scheme

The automobile industry is expressing concerns about a government plan to impose punitive measures on carmakers negligent in recalls.

Automotive | 2018-09-07 16:48

[Test drive] New Avante returns as 'my first car'

NAMYANGJU, Gyeonggi Province -- For many Koreans, Hyundai Motor's Avante was the first car they owned because of the car's efficient size, fuel economy, price and better-than-expected driving performance.

Automotive | 2018-09-07 08:14

'MAN Truck sought to conceal defects'

MAN Truck & Bus Korea is still facing criticism from the nation's truck drivers, although it “voluntarily” decided to start recalling 1,191 TGS dump trucks of four models this week, industry officials said Tuesday. Critics pointed out the local subsidiary of the German truck maker's continuous attempts to conceal the defects in its vehicles, saying the recent recalls are irre...

Automotive | 2018-09-04 16:38

[Test drive] Panamera 4 E-Hybrid tests limit for eco-friendly driving machine

INJE, Gangwon Province _ It has been a while since Porsche embraced pragmatism into its identity, represented by its Cayenne SUV and Panamera four-seater luxury sedan. And the strategy has hit its stride in Korea, with 1,416 current generation Panamera vehicles being sold since its release last year. This ironically gave the Panamera the nickname the “taxi of Gangnam” because...

Automotive | 2018-09-02 11:11

Hyundai Motor Ulsan plant to generate electricity

A large storage yard at Hyundai Motor's Ulsan plant will be used for solar power generation, producing electricity which 10,000 households can use a year, the carmaker said Thursday.

Automotive | 2018-08-30 16:53

Mystery fire flares in parked BMW [VIDEO]

A parked BMW mysteriously erupted in flames on Wednesday, fueling concerns about the German brand's safety triggered by a series of engine fires in BMWs while they were being driven.

Automotive | 2018-08-30 13:38

BMW drivers here send letters to Merkel, Trump, calling for probe into engine fires

BMW drivers in Korea sent letters to German Chancellor Angela Merkel and U.S. President Donald Trump to urge the German and U.S. authorities to investigate the cause of engine fires in BMW vehicles, an attorney for the drivers said Monday.

Automotive | 2018-08-27 14:29

Kia releases SUV for urban drivers in China

Kia Motors released the KX1 entry-level SUV for city dwellers in China, the automaker said Thursday. Dongfeng Yueda Kia, a joint venture between Kia, Dongfeng Motor and Yueda Group, unveiled the new compact SUV, Wednesday, in an event at Nanjing International Expo Center, which was attended by 500 people including local reporters, dealers and employees of Dongfeng Yueda Kia.

Automotive | 2018-08-23 15:44

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