The Korea Herald

Local automakers face difficulties sourcing auto parts from China

TransportJan 31, 2020

South Korean automakers are struggling to operate manufacturing lines here following difficulties in sourcing components from China due to the suspension of factory operations in the mainland. Accor...
[Newsmaker] Despite doctors’ assurances, public uneasy over use of Wuhan evacuation plane

TransportJan 31, 2020

After the government flew the first chartered flight using Korean Air’s B747 to Wuhan and brought 368 South Koreans here on Friday morning, the future use of the plane has come under public scrutiny,...
[Photo News] Asiana Airlines sends relief goods to support Wuhan

TransportJan 31, 2020

Asiana Airlines said Friday that it has sent relief goods including masks and medical products worth 40 million won to support the people in Wuhan, China, as well as authorities’ effort to contain th...
Hyundai Mobis’ 2019 sales, operating profit inch up

TransportJan 30, 2020

Hyundai Motor Group’s key affiliate Hyundai Mobis said Thursday that its operating profit hit 2.35 trillion won ($1.9 billion) last year, up 16.5 percent year-on-year, according to the auto parts mak...
Korean Air chief to accompany chartered flight to Wuhan

TransportJan 30, 2020

Hanjin Group Chairman and Korean Air CEO Cho Won-tae will be onboard the chartered flight that the government has arranged to bring back South Korean citizens from Wuhan, China, industry sources said...
Renault executive visits conflict-ridden Busan plant

TransportJan 29, 2020

A senior executive from Renault Group visited the South Korean unit’s manufacturing plant in Busan on Wednesday, amid deepening labor and management conflict and falling productivity at Renault Samsu...
Hyundai Wia to supply auto parts to global carmakers under W702b deal

TransportJan 29, 2020

Hyundai Wia said Wednesday that it has clinched a 702 billion won ($596 million) deal with European and US automakers to supply constant-velocity joints (CV joints). Hyundai Motor Group’s automotive...
Aviation, travel industries count cost of coronavirus outbreak

TransportJan 28, 2020

Duty free operators are also taking measures to prevent the spread of the virus. Lotte Duty Free created an emergency team on Friday and has ordered a set of response measures to be carried out by i...
Korean firms evacuate staff, suspend biz trips after Wuhan coronavirus outbreak

IndustryJan 27, 2020

With the virus spreading fast, people are rushing to prepare against possible infections. As in China and other parts of the world, sales of protective gear and disinfectants products, such as face m...
30-somethings biggest buyers of foreign cars

TransportJan 27, 2020

South Koreans in their 30s made up the biggest customer group for foreign cars here last year, according to industry data on Monday. Data from the Korea Automobile Importers & Distributors Associati...
[News Focus] What will happen at Hanjin KAL’s March shareholders meeting?

TransportJan 23, 2020

Signs of a sibling feud have been hard to ignore recently at Hanjin KAL, the Hanjin Group holding company that owns the country’s flagship carrier Korean Air, ahead of a Hanjin KAL shareholders meeti...
Hyundai Motor sales surpass W100tr for first time in 2019

TransportJan 22, 2020

Hyundai Motor Group said Wednesday that its sales last year hit a record high of 105 trillion won ($90 billion), surpassing the 100 trillion won mark for the first time, and its operating profit grew...
Hyundai’s Chung Euisun presents 3 directions for hydrogen society in Paris

TransportJan 21, 2020

Global communities need to seek ways to advance a hydrogen society based on three aspects -- cost reduction through technological innovation, expansion of public receptivity and establishment of a sa...
[Photo News] Sharing warmth

IndustryJan 20, 2020

S-Oil CEO Hussain A. Al-Qahtani (second from left) hands out meals to the homeless on Monday, as part of the company’s annual Lunar New Year’s volunteer activity. The company said some 100 employees...
Cadillac to launch five new models targeting young drivers

TransportJan 20, 2020

Cadillac said Monday that it planned to launch four new models and one face-lifted model in Korea this year -- mostly sports utility vehicles -- to position itself as a young, dynamic brand for young...