The Korea Herald

BUSINESS

All
Economy
Finance
Industry
Technology
Automode

LATEST NEWS

[Eye Plus] ‘Red Devils’ spill out to the streets for World Cup
[Editorial] Police reform first
[Leonid Bershidsky] Mr. Putin, seize chance to release dissidents
[David Fickling] China digs a trench for US trade siege
Koreas discuss family reunion, humanitarian issues at Red Cross talks
Cement block falls from apartment building
[Newsmaker] Report on 40 years of Korea's state violence against ‘vagrant’...
[Weekender] Mind your surroundings
Over 15% of S. Korean schoolchildren battle digital addiction: survey
[Weekender] When ‘pungsu jiri’ meets home interior design

Today Automode

Affordable foreign cars pose threat to South Korean carmakers

South Korean carmakers now face tougher competition at home as their foreign counterparts are becoming increasingly cost-competitive, on top of their preconceived image as being higher-end or safer.Domestic sales of foreign cars led by German automakers rose 21.7 percent compared to a year prior to 26,133 in May last year, while those of locally produced cars sold by automakers like Hyundai and Kia Motors fell 2 percent to 131,638, according to recent data from the Ministry of Trade, Industry an

Hyundai, Kia sweep top 3 spots in US initial quality study

Affiliates of South Korea’s No. 1 automaker Hyundai Motor Group swept the top three positions in an initial quality study conducted by the US institute J.D. Power, outstripping German and Japanese rivals, the auto group said Thursday. , Genesis ranked highest in overall initial quality with a score of 68, followed by Kia in second place with 72 and Hyundai in third place with 74. The industry average was 93 this year. Initial quality is measured by the number of problems experienced per 100 vehi

Today
Automode
Hyundai, Kia to operate regional headquarters from July

Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday that their regional headquarters in North America, Europe and India will be making key decisions going forward to better meet local market demands.Starting on July 2, Hyundai's regional headquarters in the three regions and Kia's offices in North America and Europe will begin work in earnest, with top managers allowed to take charge of matters involving local output and sales networks, Hyundai Motor Group said in a statement. (Yonh

Jun 18, 2018
Automode
Benz Korea reveals new CLS coupe, aims to sell over 2,300 units

Benz extends local chief Psillakis‘ term for a year

Jun 19, 2018
Automode
GM Korea on path to posting notable sales recovery in June

Automaker completes $2.8 billion debt-equity swap

Jun 16, 2018
Automode
Re-elected Seoul mayor likely to ban old diesel cars in city center

After a sweeping election victory by the Democratic Party of Korea, leaders of municipalities are likely to push ahead with an administrative drive to ditch old diesel cars and boost electric vehicles as part of their campaign pledges.Re-elected Seoul city major Park Won-soon vowed during his campaign that he would classify vehicles in five different groups based on the amount of emissions and make an alternative-day-no-driving system mandatory.　Park said incentives would be given to vehicles em

Jun 15, 2018
Automode
Hyundai Motor to sponsor La Liga’s Atletico Madrid

Hyundai Motor has become a global automotive sponsor for La Liga’s leading football club Atletico Madrid, stepping up sports marketing efforts in Europe, the company said Thursday.The sponsorship deal was announced just days after the automaker revealed its partnership with Chelsea FC.Until 2021, Hyundai’s logo will appear on the sleeve of the football club’s uniform, alongside advertising boards in its stadium. Hyundai will also be given the rights to display its vehicles at Atletico Madrid’s h

Jun 15, 2018
Automode
Hyundai, Kia step up cooperation with Chinese IT firms for future mobility

Hyundai heir in China amid carmaker struggling to recover sales

Jun 14, 2018
Automode
Hyundai flags eight wins at international motorsports competitions this year

Hyundai Motor is poised to become a leading automaker in motorsports, sweeping eight wins at the World Rally Championship and World Touring Car Cup so far this year, the company said Tuesday. The latest victory scored by Thierry Neuville, driver of Hyundai WRC team, came last week at the seventh round of the 2018 WRC in Italy.“The rally in Italy was fantastic. We were able to reap a notable record thanks to Hyundai’s outstanding i20 rally car and team members,” said Michele Nandan, the head to H

Jun 13, 2018
Automode
Hyundai signs partnership with EPL Chelsea FC

Hyundai Motor, South Korea’s leading automaker, has become an official global automotive partner of top Premier League Chelsea football club, the company said Tuesday. Hyundai’s logo will appear on advertising boards in the stadium, and Hyundai’s vehicles displayed at the club’s home stadium Stamford Bridge.Chelsea players will also wear jerseys with Hyundai’s logo embedded on the left sleeve for the next four years starting August this year, when the new season begins, the company said. (from l

Jun 13, 2018
Automode
South Korea’s gas price hike to boost green car sales

Amid instabilities surrounding oil-exporting countries, gas prices in Korea have risen for eight weeks in a row and averaged 1,610 won ($1.50) per liter as of Monday, industry figures showed.According to gas price information provider Opinet, gas prices in Korea averaged 1,610 won per liter at the start of the week, retaining the highest rate since December 2014.At stations across Seoul, the average cost of gas surged to 1,696 won, up 0.19 percent from the previous day. The most expensive statio

Jun 12, 2018
Automode
Hyundai Mobis invests W1.4b in self-driving software training

Hyundai Mobis has started a software training program at a cost of 1.4 billion won ($1.2 million) at its research center in Yongin, Gyeonggi Province, to beef up its automotive software professionals by five times by 2025, according to the firm on Sunday.The auto parts unit of Hyundai Motor Group said it has widened the role of its research and development centers in India and Vietnam to serve as a global base to analyze information collected by the firm’s self-developed automated vehicle.“In th

Jun 11, 2018
Automode
[Busan Motor Show] GM Korea seeks turnaround next year

BUSAN -- GM Korea, the local unit of the US auto giant, said Thursday it expects to make a turnaround next year on newly launched cars centered on sport utility vehicles.“I’m confident to say that we have landed on significant agreement with all our stakeholders that enables us to move forward. I’d like to think that we can try to get to profitability as soon as next year,” GM Korea chief Kaher Kazem said during a meeting with reporters at the Busan motor show. GM Korea CEO Kaher Kazem answers q

Jun 8, 2018
Automode
[Busan Motor Show] Benz premieres E 300 e, Audi vows to revive sales

BUSAN -- Major imported car makers are showcasing their green car lineups and future eco-friendly vehicle plans at the ninth Busan International Motor Show that opens this week, aiming at the steadily growing local market.Highlighting the event was the world premiere by Mercedes-Benz Korea, which unveiled the plug-in hybrid version of its top selling 10th generation E-class, named the new E 300 e.The automaker also revealed the concept EQA, the first compact-sized electric vehicle under the EQ E

Jun 8, 2018
Automode
[Busan Motor Show] Hyundai debuts second design concept car

Kia unveils new Niro EV interior design

Jun 8, 2018
Automode

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114