Connected Car Navigation Cockpit
Scope
Date
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Automobiles
Hyundai, Kia US car sales dip in April; EVs outperform
Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...
May 02, 2024 (Gmt+09:00)
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Machinery
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
May 02, 2024 (Gmt+09:00)
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Foreign exchange
Navigating choppy waters: Dollar-won FX forecasting
Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...
Apr 26, 2024 (Gmt+09:00)
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Earnings
Kia logs record profit, revenue in Q1 on weak won
Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...
Apr 26, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to produce hybrid cars at EV-only plant in US state of Georgia
Hyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery plant in the US state o...
Apr 25, 2024 (Gmt+09:00)
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Electronics
Samsung wins multi-year built-in kitchen suite orders from Clayton
Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...
Apr 23, 2024 (Gmt+09:00)
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Electronics
Samsung releases 2024 lineup of smart monitors
Samsung Electronics Co. announced on Monday that it released its 2024 lineup of smart monitors, focusing on enhancing home life usability.The new pr...
Apr 22, 2024 (Gmt+09:00)
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Automobiles
Autech enters silver car market for seniors
South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...
Apr 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis: Vehicle evolution from comfort to driving fun
Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...
Apr 15, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to unveil crab-walking car in S.Korea
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...
Apr 12, 2024 (Gmt+09:00)
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Electric vehicles
Kia to boost hybrid lineup to lead eco-friendly car market
Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...
Apr 05, 2024 (Gmt+09:00)
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Electronics
Bespoke Samsung home devices make chores easier, smarter
With Samsung Electronics Co.'s new bespoke AI induction stove, there is no need to keep checking the burner for fear of food boiling over while simm...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Mobirix to jointly develop car infotainment
South Korea's LG Uplus Corp. announced on Tuesday that it signed a memorandum of understanding (MOU) with the domestic mobile game developer Mobir...
Apr 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor opens N brand tuning online shop
Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...
Mar 29, 2024 (Gmt+09:00)
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Automobiles
Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N
NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...
Mar 28, 2024 (Gmt+09:00)
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Batteries
Ferrari, SK On team up to innovate battery technology
Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...
Mar 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Networks prepares to put SK Rent-a-Car on market
SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts t...
Mar 26, 2024 (Gmt+09:00)
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Automobiles
STX to supply car CKD to Bangladeshi company
STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...
Mar 25, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus Sporki to be featured in Toyota's car Infotainment
South Korea's LG Uplus Corp. announced on Friday that its sports community platform Sporki will be featured in Toyota Connect, the U+Drive-based inf...
Mar 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Craft beer maker Jeju Beer sells stake to car repair company
South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...
Mar 19, 2024 (Gmt+09:00)
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Automobiles
Renault to invest $523 mn to build green car hub in Korea
Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 t...
Mar 19, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to bring Casper EV to Japan, premium Genesis cars to India
Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its performance in the neigh...
Mar 14, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai speeds up digital transformation with Naver
HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...
Mar 11, 2024 (Gmt+09:00)
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Automobiles
Kia EV9 named UK Car of the Year 2024
Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the UK Car of the...
Mar 11, 2024 (Gmt+09:00)
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Machinery
Hyundai Everdigm enters NA construction machinery market
South Korea’s Hyundai Everdigm Corp. announced on Monday that it has signed a dealership agreement with the US-based heavy equipment special...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia enjoy renewed popularity of LPG trucks Porter, Bongo
Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor launches EVery care for electric cars
Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...
Feb 22, 2024 (Gmt+09:00)
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Future mobility
Hyundai, Kia team up with KAIST on self-driving car sensor
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, have joined hands with the nation's top national research university to...
Feb 21, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM, Hyundai Glovis aim for car shipping sector as rates jump
South Korea’s major ocean carriers HMM Co. and Hyundai Glovis Co. aim to take advantage of the booming car shipping business as vehicle freigh...
Feb 20, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet