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Renault Samsung XM3 tops 10,000 units sales milestoneTransportApr 24, 2020Renault Samsung Motors said Friday that its sport utility vehicle XM3 has recorded accumulated sales of 10,000 units in 49 days, the shortest period since the new model was launched on March 9. A to... -
Hyundai Motor launches ‘quieter, stronger’ 2020 SonataTransportApr 23, 2020Hyundai Motor Group’s steady-selling sedan the Sonata has been upgraded with “quieter, stronger” features for 2020, the automaker said Thursday. The company said it has applied thicker fixed glass t... -
Hyundai starts to sweat from pandemic woesTransportApr 23, 2020Hyundai Motor Group posted a mixed earnings report Thursday, with a rise in operating profit overshadowed by the effects of the novel coronavirus. The carmaker said its first-quarter sales amounted ... -
Hanjin Group sells rent-a-car unit to focus on logistics businessTransportApr 22, 2020Hanjin Group said Wednesday that it has sold a rent-a-car unit to Lotte Rental to focus on strengthening its core business in logistics and parcel services. According to the company, it has clinched... -
![[Photo News] New Volkswagen](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/04/22/20200422000571_0.jpg)
[Photo News] New VolkswagenTransportApr 22, 2020Stefan Krapp, head of Volkswagen Korea, poses with the automaker’s brand new logo and design unveiled on Wednesday. According to VW Korea, the new logo indicates the company’s goal to become “New Vo... -
Korean Air sells Jeju housing complex for employees amid liquidity crisisTransportApr 22, 2020Korean Air, the main cash cow for the transport and logistics company Hanjin Group, has sold a housing complex it built for its employees on Jeju Island, industry sources said Wednesday. The move was... -
Beleaguered automakers request liquidity, tax supportTransportApr 21, 2020The five major Korean carmakers and auto parts makers on Tuesday asked the government for liquidity support for the automobile industry, which has been hit hard by low sales amid the COVID-19 pandemi... -
Kia Motors launches upgraded K3 to target customers in 20s, 30sTransportApr 20, 2020Kia Motors said Monday that it has launched upgraded versions of its signature midsized sedans the K3 and K3 GT, targeting young drivers in their 20s and 30s. The automaker said the latest models of... -
S-Oil delivers W100m for musicians with developmental disabilitiesIndustryApr 20, 2020Petroleum and refinery firm S-Oil said Monday that it has delivered 100 million won ($82,000) to the Heart to Heart Orchestra, an orchestra founded in 2006 to nurture musicians with developmental dis... -
Government to roll out additional support plan for COVID-19-hit aviation industryTransportApr 19, 2020As continued losses in the second quarter are expected for the aviation industry over COVID-19 pandemic, the South Korean government is expected to roll out an upgraded support measure for cash-strap... -
Air carriers resume domestic routes for spring travel seasonTransportApr 16, 2020South Korean air carriers have resumed their domestic operations for the spring travel season, according to industry sources Thursday. While resumption of international flights is uncertain over pro... -
Airlines halt in-flight beverage service in domestic flightsTransportApr 16, 2020Korean Air has suspended its in-flight beverage service for passengers on domestic flights, according to industry sources Thursday. Free beverages -- including water, soda, coffee and tea -- have be... -
![[News Focus] Renault Samsung, GM Korea conclude wage deals, but hurdles remain](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/04/15/20200415000134_0.jpg)
[News Focus] Renault Samsung, GM Korea conclude wage deals, but hurdles remainTransportApr 15, 2020But the relief may be short-lived, considering that the labor union may raise more requests for a 2020 wage deal, industry sources said. “While there have been forecasts that the industry will strug... -
Hyundai Motor extends global plant shutdownsTransportApr 14, 2020The dampened economic situation is forcing South Korea’s top automaker Hyundai Motor Group to shut down facilities globally following weakened exports and restrictive regulations in major markets, ac... -
Renault Samsung adds connected function to mobile app for ‘untact’ serviceTransportApr 14, 2020Renault Samsung said Tuesday that it has added a connected function to customer membership mobile applications My Renault Samsung and My Renault to expand its “untact” service -- without face-to-face...
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