Articles by Cho Chung-un
Cho Chung-un
christory@heraldcorp.com-
GM Korea’s union to stage all-out protest next week
Unionized workers at GM Korea said Friday they have decided to stage a full-time walkout for three days next week in protest against the rejection of their demands during wage negotiations with the management.This is the first time GM Korea workers will stage all-out protests, after the US carmaker acquired now-defunct Daewoo Motor in 2002.The union said it has 8,000 members from GM Korea and also 2,000 workers at GM Technical Center Korea. GM Korea currently has around 13,000 employees. Leaders
Mobility Sept. 6, 2019
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Coupang launches special sales event for 1.2 million bedding items
Coupang, a leading e-commerce platform, said Friday it has launched a special sales event for a massive number of bedding items for the fall and winter seasons.Its online bedding store offers 1.2 million bedding products in 12 categories -- blankets, beddings, indoor bed tents, electric blankets and carpets.The main page of the category displays a fully furnished bedroom decorated with products so that customers can easily pick products of their choice. “Coupang newly introduced the
Mobility Sept. 6, 2019
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SsangYong’s Korando attains top safety rating in Europe
SsangYong Motor’s Korando has received the top safety rating from the European New Car Assessment Program, the company said Friday.The sport utility vehicle garnered five stars in all four categories, proving it has an excellent drive assist program and can protect passengers and pedestrians effectively, it added. “By securing various safety features such as Deep Control system, state-of-the-art vehicle control technology and the (greatest) number of air bags (in South Korea), Korand
Mobility Sept. 6, 2019
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Han Sung Motor holds Chuseok event for GLC, E-Class customers
In celebration of the Chuseok holiday, Han Sung Motor, the largest official dealer of Mercedes-Benz in South Korea, is holding a promotional event for customers purchasing the GLC or the E-Class this month, the company said Friday. Each of these customers will receive a Mercedes-Benz trolley bag and the chance to enter a lucky draw. Fifty winners will receive invitations to Han Sung’s annual Oktoberfest event at the Grand Hyatt Seoul next month. The company also plans to hold a separate ev
Mobility Sept. 6, 2019
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Kia hires ex-BMW, Infiniti designer
Kia Motors, sister company to Hyundai Motor, has hired Karim Habib, former designer for BMW and Infiniti, to fill an executive position at its design center. The Canadian designer built his career at BMW, Mercedes-Benz and Infiniti.At Infiniti, he worked on design projects including the electric vehicle concepts QX Inspiration and Prototype.Habib will work with Luc Donckerwolke, the former Bentley designer currently in charge of vehicle design for both Kia and Hyundai, the company said.By Cho Ch
Mobility Sept. 6, 2019
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Kia Mohave scores 7,000 preorders, aims to sell 20,000
YEONGJONGDO, Incheon -- Kia Motors’ premium large sport utility vehicle Mohave has returned with a revamped look and high-tech features, along with an aim to sell 20,000 vehicles a year. The face-lifted SUV has already received 7,000 preorders in 11 days, according to Kwon Hyeok-ho, vice president of Kia Motors on Thursday.Styled as an urban vehicle, the Mohave face-lift embodies the carmaker’s future design direction built on its traditional frame body, he said. The number of preord
Mobility Sept. 5, 2019
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GM Korea launches Chevrolet Traverse for growing large-SUV market
SOKCHO, Gangwon Province -- Targeting a young market that is led by Hyundai’s first large sport utility vehicle the Palisade, GM Korea on Wednesday launched the Chevrolet Traverse, highlighting its “aggressive” price strategy, quality features and American heritage.Introducing the vehicle as a “super SUV,” the carmaker said the Traverse will expand the choice of Korean customers wanting to experience premium outdoor activities with driving convenience. The three-row
Mobility Sept. 4, 2019
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[News Focus] No-strike, wage deal clears hurdle for Hyundai Motor in H2
Unionized workers and the management at Hyundai Motor reached an agreement early Tuesday on this year’s wages, after the union voted not to stage sit-in protests amid intensifying uncertainties over the business environment and the local auto industry. In a vote held Monday, 56 percent of Hyundai Motor workers approved a revised wage and collective bargaining deal, according to the union. The union formally approved the management’s proposal without a strike for the first time in eig
Mobility Sept. 3, 2019
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Drug probe on heir puts brakes on CJ Group succession
The only son of CJ Group Chairman Lee Jay-hyun is under investigation on charges of smuggling liquid marijuana, putting the brakes on the food-to-entertainment giant’s succession plan.Lee Sun-ho, the heir-in-waiting of CJ Group, the 14th-largest conglomerate here, was allegedly caught by the customs service at Incheon Airport on Sunday attempting to smuggle liquid marijuana in cartridges into the country. The case was transferred to the Incheon District Prosecutors Office, authorities said
Industry Sept. 2, 2019
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LG chief emphasizes competitiveness in materials
LG Chairman Koo Kwang-mo on Thursday stressed the importance of securing competitiveness in the development of new materials and components to ensure the group’s future growth, the company said. During a visit to LG Chem’s research and development unit in Daejeon, some 120 kilometers south of Seoul, Koo asked the company’s employees to jump into challenging R&D projects instead of focusing on mere short-term goals, to create “truly innovative value for customers.&rdqu
Industry Aug. 29, 2019
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Making a U-turn, Hyundai Mobis to build new EV parts plant in Ulsan
Marking the first case of a Korean conglomerate bringing its overseas manufacturing facility back home, Hyundai Mobis said Wednesday it will build a new plant to produce electric vehicle components in Ulsan, injecting 300 billion won ($247 million) in fresh investments.The new plant will be capable of producing core EV parts for 100,000 vehicles a year, with its operation starting in 2021, the company said.The auto parts maker’s decision of making a “U-turn” investment raises h
Mobility Aug. 28, 2019
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Meeting between SK, Posco chiefs hints at possible battery partnership
The private meeting between SK Group Chairman Chey Tae-won and Posco Chairman Choi Jeong-woo two weeks ago has raised the possibility that the two conglomerates may partner for battery development.The two met in Seoul on Aug. 13, both companies confirmed Tuesday without elaborating. They were accompanied by 10 top management officials from the groups’ energy, chemical and telecom units. According to local reports and industry insiders, those who attended included SK E&S CEO
Industry Aug. 27, 2019
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Samsung remains most valuable S. Korean brand
Samsung Electronics has retained its top position in terms of brand value, a report by a British industry tracker showed Tuesday.According to Brand Finance, the brand value of Samsung Electronics was 83.2 trillion won ($68.6 billion) this year, down 6.3 percent from a record high of 88.8 trillion won last year. The brand rating of the world’s largest memory chip and smartphone maker dropped to AAA from AAA+, it added.The tech giant’s parent company, South Korea’s largest conglo
Industry Aug. 27, 2019
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Renault Samsung may slash jobs; others consider restructuring
Carmakers here are mulling job cuts and restructuring as they enter the fog of uncertainties over a sharp drop in sales, continued confrontations with labor and the delayed launches of some new vehicles.Renault Samsung Motors, the Korean unit of the French carmaker, said Sunday that it may consider slashing jobs in response to declining production volume at its plant in Busan and sluggish sales. The management met union representatives last week to notify the union of its plan to reduce producti
Mobility Aug. 26, 2019
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Hyundai Motor opens hydrogen showroom in Shanghai
Hyundai Motor has opened a multimedia showroom in Shanghai to promote its hydrogen technology for the next two weeks, the company said Monday.Named Hyundai Hydrogen World, the showroom will display the South Korean automaker’s technologies in fuel-cell electric vehicles powered by hydrogen and its vision for the hydrogen economy, officials said. The 406-square-meter space has five zones to demonstrate air purification function developed for its latest FCEV Nexo, and to visualize the concep
Mobility Aug. 26, 2019
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