Samsung Electronics to market wearable robot for healthcare by year-end

Samsung Electronics Co. will commercialize a wearable robot for healthcare by the end of this year as the South Korean tech giant is delving into th...

Hyundai Oilbank revives IPO push, expands blue hydrogen business

South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...

Hyundai to provide hydrogen fuel cell system for world’s first electric car race

South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...

Hyundai, SK, POSCO, Hyosung agree to launch Korea’s hydrogen council

Hyundai Motor Group and three other South Korean conglomerates have agreed to launch an industry-wide consultative body on hydrogen, underscoring an...

Hyundai Motor chief Chung wins top accolade at 2021 Autocar Awards

Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has won the 2021 Autocar Awards' top accolade, the Issigonis Trophy, for his cont...

Hyundai Motor, Kia overtake Ford in US auto sales in May

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...

Hyundai tops Korean institutions' May buying list

Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...

Hyundai Santa Fe Hybrid outscores Toyota Highlander: Auto Bild ratings

Hyundai Motor Co.’s Santa Fe hybrid has earned higher ratings than Toyota Motor Corp.’s Highlander, one of its strongest rivals, in an e...

NPS, KIC commit $600 mn to N.America logistics fund

The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...

Hana, ECP signs $300 mn infra investment partnership

South Korea's Hana Financial Investment Co. has signed a $300 million strategic partnership with US energy infrastructure-specialized firm ECP to in...

Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe

South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...

Hyundai Motor chairman vows to go carbon neutral, stresses electrification

Chung Euisun, chairman of Hyundai Motor Group, has vowed to go carbon neutral in the group's processes, from automaking to vehicle disposal, in a mo...

Korea Shipbuilding & Offshore wins $308 million order to build 6 vessels

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...

With chipmakers in full gear, Hyundai Motor poised for rebound

Shares of Hyundai Motor Co. have been trapped in a boxed range for more than four months after falling from an all-time high in early January of 289...

Hyundai becomes India’s top SUV seller, wins Indian Car of the Year Award

Hyundai Motor Group’s small and compact sport utility vehicles (SUVs) are posting strong sales in fast-growing economies including India and R...

Hyundai CE, Amazon develop AI-based equipment diagnosis technology

Hyundai Construction Equipment Co. (Hyundai CE), an affiliate of Hyundai Heavy Industries Holdings Co., said on May 17 that it has jointly developed...

Hyundai Motor to make EVs in US with $7.4 bn investment by 2025

Hyundai Motor Group will pump $7.4 billion into its US operations by 2025, with a focus on future mobility segments, including electric vehicles (EV...

Hyundai’s premium Genesis brand sells over 500,000 cars since launch

Hyundai Motor Co.’s standalone high-end brand Genesis has reached a landmark with sales of over 500,000 cars since its launch as the top South...

Korean Air joins race for flying car business to rival Hyundai, Hanwha

Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...

Hyundai Motor to launch Genesis in Europe; US auto sales at record high

Hyundai Motor Co. is taking its standalone high-end brand Genesis to Europe, the traditional stronghold of premium cars such as BMW and Audi, as the...

HK inno.N plans 2021 IPO with $1.8 bn valuation

HK inno.N Corp. (inno.N), previously known as CJ Healthcare Co. and now a subsidiary of Kolmar Korea, has initiated the IPO process for listing with...

Hyundai Motor's Indonesia unit issues $300 mn bond

PT Hyundai Motor Manufacturing Indonesia (HMMI) has raised $300 million in a five-year bond sale to fund the construction of its first production li...

Hyundai Motor pilots EV mobility service for pets

Hyundai Motor Group will pilot an urban mobility service for pets in Seoul, using a specially designed Ray EV model by Kia Corp. The group said on A...

Hyundai Motor chairman visits US, seeks business opportunities

Hyundai Motor Group Chairman Chung Euisun is visiting the United States seeking business opportunities in one of the South Korean automotive group&r...

Hyundai Motor Q1 net profit triples; chip shortage dims Q2 outlook

South Korea’s top automaker Hyundai Motor Co. said on Thursday its first-quarter net profit nearly tripled to the highest level in four years,...

Hyundai Motor, BTS celebrate Earth Day with hydrogen campaign

South Korea’s top automaker Hyundai Motor Co. and global K-pop boyband sensation BTS have collaborated to urge people to protect the environ...

Hyundai denies talks to sell stake in Rotem to Siemens

Hyundai Motor Co. said on Wednesday that it is not seeking to sell a stake in Hyundai Rotem Co., in response to reports that the South Korean carmak...

Hyundai debuts First Genesis EV sedan at Shanghai Auto Show

Hyundai Motor Co. on Monday unveiled an electric version of its premium brand Genesis at the opening of Auto Shanghai 2021 as the top South Korean c...

Hyundai Motor Group forms TaaS division to be led by 42dot CEO

Hyundai Motor Group has created a new Transportation-as-a-Service (TaaS) division that will oversee the mobility businesses of Hyundai Motor Co. and...

Hyundai Motor, SK Innovation join forces on hybrid car battery development

South Korea-based automakers Hyundai Motor Co., KIA Corp. and electric vehicle battery maker SK Innovation Co. have joined forces to jointly develop...