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Tue, June 2, 2020 | 07:45

Mahindra goes after gov't over SsangYong as election looms

Mahindra goes after gov't over SsangYong as election looms

SsangYong Motor's largest stakeholder, Mahindra & Mahindra, is throwing a conundrum to the Moon Jae-in administration, billing government aid on the ailing Korean carmaker as a cost for Moon government's apparent intervention on rehiring laid-off workers.

Nam Hyun-woo | 2020-01-17 17:26

Hyundai Kona EV reaches highest altitude to set Guinness record

Hyundai Kona EV reaches highest altitude to set Guinness record

Hyundai Motor Co.'s Kona Electric vehicle has set a Guinness world record for the highest altitude achieved in an electric car, the company said Sunday. The Kona Electric built in Hyundai Motor's Indian plant reached the Saula Himal peak that is 5,731 meters high, beating the previous record height of 5,715 meters set by the ES8 sport utility vehicle of Chinese electric carma...

2020-01-17 14:06

Doubts remain on GM Korea future after Trailblazer

Doubts remain on GM Korea future after Trailblazer

INCHEON - Despite Thursday's release of the Trailblazer, a compact sports utility vehicle (SUV) in South Korea, doubts remain over General Motors' South Korean affiliate GM Korea's future in the country.

Nam Hyun-woo | 2020-01-16 17:06

'Air taxi to see explosive demand after 2035'

'Air taxi to see explosive demand after 2035'

LAS VEGAS - The public demand for an air taxi service will see “an inflection point” in 2035, and Hyundai Motor Group's bid to preoccupy the lucrative market is a feasible investment, according to Shin Jai-won, the head of the group's urban air mobility division.

Nam Hyun-woo | 2020-01-16 15:47

Genesis rolls out GV80, jumps on SUV bandwagon

Genesis rolls out GV80, jumps on SUV bandwagon

GOYANG, Gyeonggi Province - Hyundai Motor's luxury brand Genesis launched the much-anticipated GV80 SUV in Korea, Wednesday, seeking a further boost in the rapid growth of the six-year-old brand.

Nam Hyun-woo | 2020-01-15 17:01

Kia's Telluride named North American utility vehicle of the Year

Kia's Telluride named North American utility vehicle of the Year

Kia Motors Corp., South Korea's No. 2 automaker, said Tuesday its flagship Telluride sport utility vehicle has been named the North American Utility Vehicle of the Year. The Telluride was one of three finalists for the award, the others being Hyundai Motor Co.'s Palisade and Lincoln Continental's Aviator, the company said in a statement.

2020-01-14 14:45

Hyundai Mobis to spend big for for future car technologies

Hyundai Mobis to spend big for for future car technologies

Hyundai Mobis Co., South Korea's biggest auto parts maker, will secure 9 trillion won (US$7.8 billion) in the next three years for investment in future vehicle technologies, a company executive has said. In a group interview with South Korean reporters on the sidelines of the Consumer Electronics Show (CES) n Las Vegas last week, Hyundai Mobis Vice President Ko Young-suk brie...

2020-01-13 14:08

Hyundai seeks to 'steal customers' from Toyota, Honda in US

Hyundai seeks to 'steal customers' from Toyota, Honda in US

FOUNTAIN VALLEY, Calif. - Hyundai Motor set its mid-term sales target in the U.S. market at 1 million vehicles by 2025, which is an aggressive number compared to its delivery of 710,000 vehicles last year and the slowing growth of the U.S. car market.

Nam Hyun-woo | 2020-01-12 16:51

Hyundai partners with Uber for air taxi service

Hyundai partners with Uber for air taxi service

LAS VEGAS _ South Korea's Hyundai Motor Group signed an agreement with Uber under which the two companies will work together to boost a promising air taxi business.

Nam Hyun-woo | 2020-01-08 16:57

Daimler chairman calls for 'universal CO2 tax'

Daimler chairman calls for 'universal CO2 tax'

LAS VEGAS _ Daimler AG Chairman and CEO Ola Kallenius called for additional pricing for CO2 which is “universal across industries” as it will be the most economical way to solve global problems stemming from carbon emissions.

Nam Hyun-woo | 2020-01-08 16:43

Samsung eyes three-fold growth in TV biz in 2020

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