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Mon, December 10, 2018 | 13:52

Biz & Tech > Automotive >

Hyundai, Kia accumulated vehicle sales top 20 million in US

Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday that they sold over 20 million vehicles in the United States since entering the market 33 years ago. The two carmakers, which are the flagships of world's fifth-biggest automotive conglomerate by sales, started selling cars in the world's most important market in 1985. As of November, sales reached 20.69 million...

Automotive | 2018-12-10 10:12

Volvo fined for failing to follow technical data request guidelines

South Korea's antitrust watchdog said Sunday that it has fined Volvo's local unit 20 million won ($17,800) for not adhering to the country's technical data request guidelines when dealing with its subcontractors.

Automotive | 2018-12-09 15:38

Kumho Tire set to be more aggressive

Kumho Tire appears to be embarking on a new path to regain its lost market share and reputation as a reliable premium tire maker under its Chinese owner, Doublestar Tire, according to company officials and industry analysts Friday.

Automotive | 2018-12-07 16:03

Samsung's special bonus creates sense of deprivation among other workers

Samsung Electronics' recent decision to pay its employees up to 500 percent of their basic monthly wage as a year-end special bonus appears to have created a sense of deprivation among some salaried workers at other companies.

Automotive | 2018-12-06 16:53

Hyundai Motor snubs Gwangju job project

A plan by the Gwangju Metropolitan Government (GMG) and Hyundai Motor to build and run a car plant in the city was close to collapse Wednesday after the carmaker refused to accept the final draft drawn up by the local government and labor group representatives.

Automotive | 2018-12-05 21:12

No fun to drive cars without steering wheel: Jaguar top designer

Jaguar's top designer expressed skepticism about self-driving cars without steering wheels during a press conference in Seoul, Wednesday.

Automotive | 2018-12-05 17:54

LSIS acquires Parker Hannifin's ESS unit

LSIS has acquired U.S.-based Parker Hannifin's energy storage system (ESS) business unit to expand its presence in the rapidly-growing global smart energy market, the Korean company said Wednesday.

Automotive | 2018-12-05 17:21

'Gov't uses Lemon Law to avoid responsibility'

Criticism has been growing over the Moon Jae-in administration's move to revise the country's Car Management Act so that carmakers, not the government, are obliged to prove their vehicles are not defective, according to industry analysts Tuesday.

Automotive | 2018-12-04 16:58

FCA Korea fined W3 bil. for manipulating emissions

Fiat Chrysler Automobiles (FCA) Korea will be fined 3.2 billion won ($2.8 million) for selling 2,428 diesel vehicles equipped with a software device that manipulates emissions levels, the Ministry of Environment said Tuesday.

Automotive | 2018-12-04 16:08

Genesis G70 picked as '2019 car of the year'

The Genesis G70 sedan was selected as the “2019 Car of the Year” by an influential car magazine in the United States, becoming the first Korean vehicle to win the title.

Automotive | 2018-12-03 17:12

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