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Sun, May 27, 2018 | 16:50

Biz & Tech > Automotive >

GM talks break down, could file for receivership

GM Korea could move to file for court protection, as talks between the company's management and union over a self-rescue plan broke down Friday. The company held a board meeting to look into such an option for bankruptcy protection. However, the union said it will seek to reach an agreement by next Monday.

Automotive | 2018-04-20 22:18

Free tire check for trucks

A Kumho Tire employee checks a truck's tire in this promotional photo. Kumho Tire said Wednesday it will host a two-day free tire check event at rest areas on four expressways for trucks starting today. The company has been hosting this event every year. / Courtesy of Kumho Tire

Automotive | 2018-04-19 17:20

Hyundai Mobis to test autonomous vehicle M.BILLY

Hyundai Mobis is looking at the development of autonomous vehicle technology through conducting a global test drive with its latest self-driving vehicle, M.BILLY.

Automotive | 2018-04-19 16:37

Hyundai Motor Group to create 3,000 jobs for minorities

Hyundai Motor Group said Thursday it will create 3,000 new jobs for young people, women who left their careers to raise their children, early retirees and other minorities including North Korean defectors, children from single-parent families and multiracial family members. It will invest 34 billion won ($32 million) in this project to achieve the goal by the end of 2022.

Automotive | 2018-04-19 16:34

New look for Jeep Cherokee

Fiat Chrysler Automobiles Korea CEO Pablo Rosso introduces the new Jeep Cherokee during its unveiling event in Gangseo-gu, Seoul, Tuesday. The carmaker said the new version got a facelift for the first time in four years and is equipped with an upgraded nine-speed automatic transmission. / Yonhap

Automotive | 2018-04-17 16:55

GM's withdrawal to benefit Hyundai, Kia

General Motors (GM) withdrawing from the Korean market will benefit Hyundai Motor and Kia Motors in the long run, a local analyst said Monday, amid growing expectations about it preparing for court receivership for its local unit.

Automotive | 2018-04-16 17:07

Mercedes, BMW wage price war against Volkswagen

German carmakers have begun offering huge discounts to increase their shares in the Korean market amid sluggish sales of domestic automobiles in recent years, according to industry officials, Thursday.

Automotive | 2018-04-12 16:30

Hyundai Mobis opens design model workshop

Hyundai Mobis has opened the Design Model Workshop for full-scale design modeling with a clay modeling machine, 3D printers and various other equipment, the auto parts manufacturer said Thursday.

Automotive | 2018-04-12 16:30

Foreign carmakers fined for violating environmental law

The Korean affiliates of Fiat Chrysler Automobiles (FCA) and Mercedes-Benz have recently come under fire for not complying with the country's environmental regulations. Mercedes-Benz Korea said Monday it recently paid a 5 million won ($4,600) fine for its failure to follow a government order to supply a certain proportion of low-emission vehicles in the market.

Automotive | 2018-04-09 17:57

Gov't flip-flops on hydrogen fuel-cell vehicles

The government's recent decision to freeze the amount of subsidies for hydrogen fuel-cell electric vehicles (FCEV) has enraged consumers who have already purchased the pollution-free vehicles to reduce the nation's deadly fine dust.

Automotive | 2018-04-08 16:42

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Hawaii's Kilauea volcano goes 'ballistic'