BUSSINESS
August 2, 2024 05:06pm
US, allies discuss new restrictions on Chinese connected vehicles
As the US government intensifies efforts to regulate Chinese technology in connected vehicles over national security concerns, South Korea and other k...
August 1, 2024 03:40pm
Samsung, LG's electric auto parts sales soar despite EV slump
The Korean automotive electric parts sector is thriving even as electric vehicle sales slow down, driving significant gains for Samsung Electronics ...
August 1, 2024 03:09pm
[KH Explains] Can Korea commercialize UAM in 2025?
Korea’s private and public sectors have been working relentlessly to commercialize urban air mobility, or UAM, in 2025 as the country looks to take th...
July 31, 2024 03:32pm
Hyundai Motor signs mobility partnership with UN humanitarian agency
Hyundai Motor Company announced Wednesday that it signed a mobility sector partnership with the United Nations World Food Programme, the world's ...
July 30, 2024 03:19pm
[Business Diplomacy] As Trump targets EVs, Hyundai-Kia shifts gears to hybrids
“I will end the electric vehicle mandate on day one.” With Donald Trump gaining traction as the Republican presidential candidate, this declaration at...
July 30, 2024 03:19pm
Geely’s top brass visit SK to speed up EV partnership
SK Group and SK On are reportedly fast-tracking their collaboration with China’s Zhejiang Geely Holding Group, a leading multinational automotive cong...
July 29, 2024 03:47pm
Hyundai Motor accelerates air mobility business in Indonesia
Hyundai Motor and Kia demonstrated their advanced air mobility in Indonesia as they demonstrated a flying aircraft and hailing procedure at the Samari...
July 29, 2024 02:35pm
Renault Grand Koleos caters to fuel-efficient family car market
Renault Korea’s latest mid-size hybrid SUV, the Renault Grand Koleos, is showing a promising start following its debut at the 2024 Busan Mobility Show...
July 28, 2024 03:29pm
[Test Drive] Kia EV3 takes regenerative braking to next level
Kia is going all-out to turn around the slowing growth of electric vehicles with the launch of its latest all-electric vehicle EV3 as the Korean autom...
July 26, 2024 06:01pm
Kia posts record operating profit in Q2
Kia logged another record profit in the second quarter on Friday, driven by an enhanced product mix, higher average selling price and favorable exchan...
July 25, 2024 06:05pm
Hybrid sales drive up Hyundai Motor's Q2 earnings
Hyundai Motor Company on Thursday reported a record-breaking quarterly revenue for the second quarter of this year, marking a 6.6 percent increase fro...
July 25, 2024 03:05pm
[Herald Interview] 'Lamborghinis will always have steering wheel'
Automakers around the world are racing to develop advanced technology in autonomous driving and battery-powered vehicles. But for Italian luxury sup...
July 24, 2024 03:34pm
Genesis to sponsor New York's Met through new art initiatives
Hyundai Motor Group’s premium auto brand Genesis on Wednesday announced a five-year partnership with the Metropolitan Museum of Art in New York to pro...
July 23, 2024 03:03pm
Hyundai to bring electric buses to Japan's UNESCO-designated island
Hyundai Motor Company is expanding its presence in Japan’s commercial vehicle market by supplying electric buses to the Iwasaki Group for use on Yakus...