Hyundai Mobis aims to win $1 bn in China orders in 2023

South Korea's leading auto parts supplier Hyundai Mobis announced that it will win $1 billion this year in China, the world's largest electric veh...

Hyundai donates medical wearable robot to support rehabilitation

Hyundai Motor Co. donated on Wednesday two medical wearable robots to Asan Medical Center in the south of Seoul for "gait rehabilitation robot thera...

HD Hyundai develops S.Korea's first offshore supply base for ammonia

HD Hyundai Co., the largest shipbuilding conglomerate in South Korea on Wednesday said it developed for the first time in the country a vessel for s...

Samsung Store tops home appliance store in S. Korea

Samsung Store, Samsung Electronics Co.'s direct-to-consumer (D2C) channel, has exceeded Lotte Himart in domestic sales for the first time in its his...

Hyundai Motor seeks remedies after GV70 exclusion from US subsidies

Hyundai Motor Co. is seeking various ways to make its electric vehicles sold in the US qualify for tax credits after its Electrified GV70 was denied...

Hyundai launches marketing offensive in China with N brand

Hyundai Motor Co. will launch its high-performance vehicle brand Hyundai N in China in the second half of the year as part of its offensive on the r...

Hyundai Mobis develops world’s first rollable vehicle display

Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...

Hyundai, Kia surpass 100,000 global EV sales in Q1

Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...

Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show

Hyundai Motor Co. and Kia Corp., both struggling in China, are aiming for a turnaround there by introducing over 30 new vehicles including those tai...

Hyundai, Kia to provide official ceremonial vehicles for ADB Annual Meeting

Hyundai Motor Co. and Kia Corp. announced on Friday that they will support the official ceremonial vehicles for the Asian Development Bank (ADB) Ann...

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...

Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales

South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...

Hyundai Dept. Store to open first Disney Store in Korea

South Korea's Hyundai Department Store Co. said on Thursday that it has acquired the operating rights of Disney Store, a retail brand of Walt Disney...

S.Korean convenience store chain CU pilots delivery robot

BGF Retail, a franchiser that operates convenience store chain CU, is currently testing delivery robots developed by Mobinn, a startup that spun off...

Lotte Department Store plans to open Line Friends pop-up store

South Korea's Lotte Department Store seeks to attract foreign tourists amid Golden Week holidays in Southeast Asia.Tourists from the region are expe...

Hyundai launches second-generation Kona EV, 417km on a single charge

Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Electric.The Kona Electri...

Hanjin to open pop-up store for S.Korean fashion brand in LA

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it will hold a pop-up event to promote domestic e...

Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem

Hyundai Engineering & Construction and Samsung C&T Corp.'s construction unit andannounced on Tuesday that they have signed a strategic bus...

HD Hyundai Infracore targets Middle East and African markets with new brand Develon

HD Hyundai Infracore (formerly Hyundai Doosan Infracore Co.), a South Korean construction equipment maker, has ventured into the Middle East and Afr...

Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...

HD Hyundai Heavy Industries launches new frigate Chungnam

HD Hyundai Heavy Industries (formerly Hyundai Heavy Industries Co. ) held on Monday a launch ceremony for the new 3,600-ton-class frigate "Chung...

Samsung to transfer proprietary technologies to SMEs for free

Samsung Electronics Co. has partnered with South Korean government to transfer patented technologies free of charge in an effort to support the grow...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

HD Hyundai moves K-pop gala to Busan for World Expo bid

South Korea’s HD Hyundai Co. will move an annual K-pop concert to Busan this year to support the city’s bid to host the 2030 World Expo....

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...

Hyundai Motor wins Newsweek World’s Greatest Auto Disruptors Awards

Hyundai Motor Group announced on Wednesday that it won two categories at the "World's Greatest Auto Disruptors 2023" awards ceremony by Newsweek, a ...

Falling freight rates set to boost LG, Hyundai’s earnings

The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...

Hyundai Autoever, Avikus jointly develop self-sailing ship solution

South Korea’s Hyundai Autoever and Avicus, the self-navigation vessel affiliate of HD Hyundai, on Tuesday said they signed a development contr...

Hyundai’s Chung urges US operations to double down after record Q1

Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...

Samsung Electronics expands B2B online store to Germany

Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (SMBs) in Germany as p...