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Mon, May 25, 2020 | 15:08

Mahindra may initiate 'exit strategy' from SsangYong

Mahindra may initiate 'exit strategy' from SsangYong

Mahindra & Mahindra is facing pressure to possibly initiate an “exit strategy” from SsangYong Motor because the government here remains mum on providing additional financial assistance to the ailing Korean car manufacturer despite the Indian parent company's repeated requests to do so.

Nam Hyun-woo | 2020-05-18 17:13

Hankook Tire banned from using new corporate name

Hankook Tire banned from using new corporate name

Hankook Tire will be banned from using the corporate name “Hankook Technology Group” for its holding firm, following a court decision that the tire maker used the name held by a separate auto parts firm for “unfair purposes.”

Nam Hyun-woo | 2020-05-17 18:01

Samsung, Hyundai seeking accessible ways to develop relations

Samsung, Hyundai seeking accessible ways to develop relations

Last week's rare high-profile meeting between Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Executive Vice Chairman Chung Euisun at a local battery plant operated by Samsung's battery affiliate Samsung SDI was loaded with surprises given their long yet relatively mediocre relationship.

Kim Yoo-chul | 2020-05-17 15:46

LG, SK, Samsung face fierce battle in EV battery market

LG, SK, Samsung face fierce battle in EV battery market

LG, SK and Samsung are expected to engage in fierce competition in the electric vehicle (EV) battery market as demand is expected to surge in the coming years.

Kim Hyun-bin | 2020-05-15 16:46

Samsung, Hyundai partnership to create ripple effect in EV battery market

Samsung, Hyundai partnership to create ripple effect in EV battery market

The projected partnership between Samsung Group and Hyundai Motor Group is expected to have a ripple in the electric vehicle (EV) battery market.

Nam Hyun-woo | 2020-05-14 17:34

Samsung, Hyundai heirs meet for potential battery partnership

Samsung, Hyundai heirs meet for potential battery partnership

Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Group Executive Vice Chairman Chung Euisun had a rare face-to-face meeting on the sidelines of the latter's visit to a Samsung battery production facility south of Seoul.

Nam Hyun-woo | 2020-05-13 16:52

Renault launches compact SUV Captur in Korea

Renault launches compact SUV Captur in Korea

Renault Samsung Motors Corp. on Wednesday launched the compact sport-utility vehicle Captur in South Korea as it strives to revive sales amid the coronavirus impact on vehicle sales. The Renault Captur comes in two versions, one with a 1.3-liter turbo control efficiency (TCe) gasoline engine and the other with a 1.5-liter direct common rail injection (dCi) diesel engine, the ...

2020-05-13 09:34

Hyundai to install hydrogen bus chargers at Incheon airport

Hyundai to install hydrogen bus chargers at Incheon airport

Hyundai Motor said Tuesday it will install a charging station to fuel hydrogen buses at Incheon International Airport.

Kim Yoo-chul | 2020-05-12 16:19

Tesla brings sea change in Korea's imported car market

Tesla brings sea change in Korea's imported car market

Tesla, the world's leading electric vehicle (EV) manufacturer, is rapidly gaining traction in the Korean market, changing the pecking order of imported car sales here dominated by the top two market leaders Mercedes-Benz and BMW. The rise of the U.S. carmaker here is due to growing demand for EVs triggered by the increase in eco-friendly consumer base and government subsidies...

Kim Hyun-bin | 2020-05-10 16:54

Hyundai, Kia win five awards at int'l advertising festival in NYC

Hyundai, Kia win five awards at int'l advertising festival in NYC

Hyundai Motor and Kia Motors said Friday they won five main prizes at the 2020 New York Festivals Advertising Awards, one of the top three industry events in the world.

Kim Jae-heun | 2020-05-08 17:12

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