Most Popular
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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More med professors to take day off each week while govt. urges them to stay
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Hyundai to revive Pony Coupe with legendary designer Giorgetto Giugiaro
Hyundai Motor will re-create the Pony Coupe Concept with the model’s original designer Giorgetto Giugiaro and unveil it in the coming spring, the carmaker announced Thursday at a design talk in Yongin, Gyeonggi Province. The Pony Coupe Concept is a car lost to history, as despite being unveiled at the 1974 Turin Motor Show with its prototype ready for mass production, the carmaker could not start production due to the domestic economic situation. Almost 50 years later, Hyundai Motor contac
Nov. 24, 2022
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S. Korea’s first modern automotive car plant to shut down after 60 years
GM Korea, the Korean unit of the US auto giant General Motors, said Tuesday it is shutting down its No. 2 Bupyeong plant in Incheon on Saturday as part of its strategic shift toward more popular models, putting an end to the decades-old history of the nation’s first modern automotive factory. The plant used to produce the carmaker’s Trax SUV and Malibu sedan. But with sales of the models being discontinued this month, the carmaker has decided to stop the operation of the outdated pla
Nov. 22, 2022
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Kia grabs five J.D. Power residual value awards
South Korean automaker Kia said Tuesday it took home five titles on Thursday in US market research firm J.D. Power's ALG Residual Value Awards, winning the most number of awards among its rivals. J.D. Power’s residual value assesses commercial value, quality, brand awareness and sales strategy to recognize vehicle models that are projected to hold the highest percentage of retail price when resold after three years. The awards are the industry’s standard in recognizing vehicle m
Nov. 22, 2022
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SsangYong Motor unveils wireless charging platform for EVs
SsangYong Motor unveiled its wireless charging platform for electric vehicles under development on Monday at Coex, Seoul during an event hosted by the Ministry of Science and ICT. The carmaker displayed its first all-electric sports utility vehicle Korando e-motion equipped with a 61.6 kWh lithium-ion polymer battery and with a 22kW wireless charging system that can fully charge the electric vehicle in three hours. SsangYong Motor is currently trying to shorten the charging time and also trying
Nov. 21, 2022
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Incheon Airport flights to surpass pre-pandemic level by next year
The number of flights landing and departing from Incheon International Airport will exceed pre-pandemic levels by next year. Incheon Airport was allotted 263,004 slots for the next summer season from late March to late October, during the International Air Transport Association Slot Conference held last week, according to Incheon International Airport Corp. on Monday. The Slot Conference is a working conference between IATA and non-IATA airlines worldwide for the allocation of slots at fully coo
Nov. 21, 2022
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Korean carmakers to feel IRA pinch next year: report
South Korea’s automotive production is expected to suffer a modest decline next year despite growing global car sales, an industry report said Monday. Some 85.3 million cars are projected to be sold globally next year, a 4.7 percent increase compared to this year’s estimated 81.5 million units, according to the report by the Korea Automotive Technology Institute. The report said the stable supply of automotive semiconductors is driving up car sales overall, despite lingering fears ov
Nov. 21, 2022
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No. of eco-friendly vehicles in Korea hit 1.5 million
South Korea saw its number of eco-friendly vehicles exceed 1.5 million in October, data showed Sunday. According to the Ministry of Land, Infrastructure and Transport, a total of 1,515,000 units of eco-friendly vehicles, including full electric vehicles and hybrids, were registered by the end of October -- a 38.3 percent surge on-year. This comes just one year and three months after the country saw the number of eco-friendly vehicles exceed 1 million in July 2021. The ministry’s data showe
Nov. 20, 2022
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Hyundai Motor’s Ioniq 6 debuts in US
Hyundai Motor Group said Friday its flagship electric vehicle brand Ioniq’s latest model Ioniq 6 was unveiled in the United States at the 2022 Los Angeles Auto Show, and it is targeting a North American launch in the first half of next year. The Ioniq 6 was launched in July in South Korea, recording the automaker’s highest first-day preorder sales figure in its history with 37,446. Hyundai Motor said with the Ioniq 6 it would promote the company’s electrification push in the No
Nov. 18, 2022
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[Photo News] Genesis X Convertible Unveiled
Hyundai Motor Group unveiled the Genesis X convertible, a concept for the luxury brand's first full-electric convertible car, in Malibu, California, Wednesday, prior to the LA Auto show that kicks off Friday.
Nov. 16, 2022
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Volkswagen debuts new Golf GTI in Seoul
Volkswagen Korea debuted the new Golf GTI, the eighth-generation of the German carmaker’s gasoline-powered hot hatch, in Seoul on Tuesday before its official launch next month. Since its debut in 1976, the Golf GTI has been recognized as a reasonably priced sports car that popularizes the new car segment “hot hatch.” The upcoming Golf GTI is equipped with the EA888 2.0-liter inline 4-cylinder turbocharged gasoline engine with a maximum horsepower of 245 and a maximum torque of
Nov. 16, 2022
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US delays decision on Korean Air-Asiana merger
South Korea’s largest air carrier Korean Air’s buyout of Asiana Airlines faced yet another hurdle, as the US antitrust regulator decided to conduct a more thorough investigation before granting approval of the merger. The US Federal Trade Commission was expected to announce its decision this week, but informed Korean Air on Wednesday it would need more time for a thorough evaluation, according to the Koran air carrier. In March, the US antitrust watchdog evaluated that when merged
Nov. 16, 2022
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Hyundai Motor to build air mobility ecosystem in Indonesia’s new capital
Hyundai Motor Group on Monday unveiled a new ambitious plan to build an ecosystem for advanced air mobility (AAM), including flying cars and related infrastructure, in Indonesia’s new capital city of Nusantara that is currently under construction. The Korean auto giant signed a memorandum of understanding with the Nusantara National Capital Authority for the new project on the sidelines of the B-20 Summit Indonesia 2022, which is taking place in Bali this week. Earlier this year, the Ind
Nov. 14, 2022
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Hyundai Grandeur gets first revamp after 6 years
Hyundai Motor on Monday launched the all-new Grandeur, the seventh-generation fully changed model of its top-selling midsize sedan, a comeback after six years with global sales set to begin in the second quarter next year. Since its debut in 1986, the Grandeur has been considered a luxury sedan here, widely chosen as the executive ride for local chaebol companies. The car's former cachet may have been overshadowed by its younger sibling Genesis' bigger presence in recent years. But the
Nov. 14, 2022
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Porsche aims high to produce ‘Porsche-typical’ EVs
FRANCIACORTA, Italy -- When Porsche unveiled its first-ever all-electric model Taycan in 2019, not many expected it to become one of the brand’s bestselling models, behind only the Macan and Cayenne SUVs. Now, as the first premium automotive manufacturer in the world to produce various plug-in hybrid models, the German sports car maker is betting big on producing powerful fully electric vehicles to offer driving dynamics and a sports car performance -- while sustainable at the same time --
Nov. 14, 2022
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Hyundai Motor chief urges bold action on climate change, energy poverty at B-20
Hyundai Motor Group Executive Chair Chung Euisun on Sunday urged global action to tackle climate change and energy poverty at the 2022 Business 20 summit of business groups and entrepreneurs that precedes the Group of 20 summit held on the Indonesia island of Bali from Tuesday. The B-20 is an official G-20 dialogue forum formed to facilitate a delivery of policy recommendations to the leaders to G20. This year’ s G-20 will be held under the theme of “Advancing Innovative, Inclusive
Nov. 13, 2022
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[Herald Interview] GM Korea to bolster safety management in time of e-mobility
As the automobile industry transitions towards electrification, GM Korea is establishing new safety measures to address potential risks associated with new technologies in manufacturing electric vehicles. Wayne O’Brien, chief safety officer at GM Korea, told The Korea Herald last week that electrification program does bring different safety exposures, particularly in the form of energy, and that they are in the process of developing robust systems to help employees understand all the criti
Nov. 13, 2022
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SsangYong Motor graduates from court-led debt rescheduling program
SsangYong Motor Co. said Friday it has graduated from the court-led debt rescheduling program nineteen months after it was placed under court receivership amid the COVID-19 pandemic. SsangYong Motor applied for court receivership on April 15, 2021, after its Indian parent Mahindra & Mahindra Ltd. failed to attract an investor due to its worsening financial status amid the pandemic. The Seoul Bankruptcy Court approved SsangYong's debt payment plans in August after the court picked a loca
Nov. 11, 2022
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Auto exports jump 28% in October on solid demand for eco-friendly cars
South Korea's car exports jumped 28.5 percent on-year last month on brisk demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to $4.92 billion last month, the largest ever for any October, according to the data from the Ministry of Trade, Industry and Energy. In terms of volume, a total of 208,544 vehicles were sold last month, up 30.2 percent from the previous year, the data showed. By region, exports to North America jumped 60.2 percent to $2.3
Nov. 11, 2022
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[Photo News] Flying car concept
A concept model of Hyundai Motor's personal air vehicle S-A1 is displayed Thursday at the 2022 K-UAM Confex exhibition, an urban air mobility event, held at a hotel in Yeongjong Island, near Incheon. It runs through Friday.
Nov. 10, 2022
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Renault’s QM6 sales stay strong
Renault Korea said Tuesday it sold a total of 2,007 units of the QM6 in October, as the top-selling LPG SUV increasingly appeals to drivers with its spacious interior and comfortable driving. The sales figure accounted for nearly half of the total car sales of the French carmaker, at 4,339 last month. The car’s exports also surged 41.9 percent to 2,449 units compared to the same period last year. The carmaker picked the car’s spacious interior as the key point of attraction to local
Nov. 8, 2022