Hyundai Motor Group exports
Scope
Date
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Hydrogen economy
HD Hyundai secures Korea's hydrogen engine generator project
HD Hyundai Infracore Co., a construction equipment and engine manufacturer, said on Thursday it has won the government's first project to develop ge...
Aug 08, 2024 (Gmt+09:00)
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Artificial intelligence
Hyundai Elevator joins forces with Kakao Mobility for integration services
South Korea's Hyundai Elevator Co. said on Thursday that it has signed a memorandum of understanding (MOU) with Kakao Mobility Corp. to commercializ...
Aug 08, 2024 (Gmt+09:00)
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Korean food
CJ Group to hold K-festa in Vietnam
South Korea's CJ Group announced on Thursday that it will hold a "CJ K-festa" in Vietnam from Aug. 10 to Sept. 1, focusing on food, sports and movie...
Aug 08, 2024 (Gmt+09:00)
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Chemical Industry
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Aug 07, 2024 (Gmt+09:00)
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Economy
S.Korea’s current account at near 7-year high on strong chip exports
South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...
Aug 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor mulls connected car partnership with Google
Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to advance its future mobility technologies ranging from au...
Aug 06, 2024 (Gmt+09:00)
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Banking & Finance
HI Investment & Securities changes its name to iM Securities
HI Investment & Securities Co. was rebranded as iM Securities after it held an extraordinary shareholders' meeting at its headquarters in Yeouid...
Aug 06, 2024 (Gmt+09:00)
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Batteries
Hyundai Glovis, Huayou join hands for EV battery recycling
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, has teamed up with a unit of China’s Zhejiang Huayou Cobalt...
Aug 06, 2024 (Gmt+09:00)
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Korean food
South Korea enjoys record-high kimchi exports in first half
South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...
Aug 05, 2024 (Gmt+09:00)
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Electric vehicles
LS Cable breaks ground for bus ducts plant in Mexico
South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...
Aug 05, 2024 (Gmt+09:00)
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Airlines
Jeju Air seeks M&A, igniting race for top place in Korea's LCC market
Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...
Aug 02, 2024 (Gmt+09:00)
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Construction
Hyundai E&C unveils new Hillstate brand video
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Friday the release of a new Hillstate brand film titled "Wha...
Aug 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai Tucson HEV posts record US sales as hybrids catch on
South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...
Aug 02, 2024 (Gmt+09:00)
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Automobiles
IONIQ 5 N selected as official car of Fuji Speedway Circuit
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of Japan's Fuji Speedwa...
Aug 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
NHN unveils new corporate identity
South Korea's NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that it would be uniforml...
Aug 01, 2024 (Gmt+09:00)
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Energy
Hyundai Engineering gets Hillsboro solar power plant rights
South Korea's Hyundai Engineering Co. announced on Thursday that it acquired a 260 MW Hillsboro Solar Power Plant project from OCI Energy. This is H...
Aug 01, 2024 (Gmt+09:00)
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Banking & Finance
Woori Financial Group relaunches brokerage arm
Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...
Aug 01, 2024 (Gmt+09:00)
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Automobiles
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
Jul 31, 2024 (Gmt+09:00)
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Automobiles
Kia’s Chinese business makes turnaround as it becomes export base
South Korean automaker Kia Corp.'s Chinese business has been struggling for years amid escalating tension between the US and China – Korea&rsq...
Jul 30, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank exports bio marine fuel blends
The Korea Customs Service announced on July 29 that domestic petroleum products were exported after being blended in a bonded zone for the first tim...
Jul 30, 2024 (Gmt+09:00)
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Real estate
NH to buy Donuimun D Tower for $650 mn
South Korea’s NongHyup Financial Group Inc. (NH Financial) is poised to acquire landmark office building Donuimun D Tower for about 900 billio...
Jul 30, 2024 (Gmt+09:00)
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Sports
Hyundai Motor chief Chung's unwavering support for Korean archery team
Hyundai Motor Group Chairman Chung Euisun’s love for archery is well-known in South Korea. The executive chairman of Hyundai Motor Co. and Ki...
Jul 29, 2024 (Gmt+09:00)
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Real estate
Hanwha REIT to buy Hanwha Group office building for $584 mn
Hanwha REIT Co., a real estate investment arm of South Korea’s No. 7 conglomerate Hanwha Group, said on Monday that it is poised to acquire th...
Jul 29, 2024 (Gmt+09:00)
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Future mobility
Hyundai gives advanced air mobility demo in Indonesia
Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in In...
Jul 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine Solution wins $60 mn ship maintenance contract
HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive solution company, signed its largest long-term maintenance contract...
Jul 29, 2024 (Gmt+09:00)
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Food & Beverage
Korean soju makers likely to log strong quarterly profit
HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...
Jul 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis lighting system wins triple crown of design awards
South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...
Jul 29, 2024 (Gmt+09:00)
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Electronics
HD Hyundai Electric expands power transformer facility in Alabama
HD Hyundai Electric Co., an energy solution provider under South Korean shipbuilder HD Hyundai, said on Sunday it completed a 12,690-square-meter st...
Jul 29, 2024 (Gmt+09:00)
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Earnings
Hybrids, SUVs drive Hyundai Q2 profits to record high
Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...
Jul 25, 2024 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess