car demand

South Korea’s Ssangyong Motor Co., whose new owner is KG Group, has renamed itself KG Mobility, its first name change in 35 years.With its new...

LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 fo...

Hyundai Mobis, South Korea's largest auto parts manufacturer, announced on Sunday that it developed an "in-wheel system" that places an electric mot...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

South Korea’s answer to the US CHIPS and Science Act is on course for National Assembly approval by the end of this month as the ruling and op...

LB Investment Inc., formerly known as LG Group’s venture capital arm, has attracted the most orders ever for an initial public offering of a S...

Wrtn Technologies Inc. has joined the latest generative artificial intelligence (AI) boom with its high-paying official job post for a prompt engine...

Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...

South Korea’s second-largest conglomerate SK Group exited from Turo, the US top peer-to-peer car-sharing company, to make an estimated return ...

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

Hyundai Motor Co., the leading South Korean carmaker, is set to expand its presence in India with a takeover of General Motors Co.’s plant in ...

South Korea's semiconductor foundry company DB HiTek Co. last month saw its capacity utilization rate rise to the mid-80% level thanks to rising dem...

Asiana Airlines Inc. said on Thursday that it would increase its flights to China by nearly nine times from this month, aiming to restore half of it...

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

The global market for personal computers and tablets is expected to shrink by more than 10% this year, as the demand for remote work and learning de...

Japanese beer imports in January exceeded $2 million, the most since a bilateral row erupted in July 2019 after Japan imposed export restrictions on...

South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...

Seoul-based activist fund Tcha Partners Asset Management Co. on Monday demanded that South Korea’s Namyang Dairy Products Co. buy back half of...

Kumho Tire Co. announced on Monday its title sponsorship of the Touring Car Championship (TCR), a global touring car competition, with the organizer...

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

Humax Mobility, a South Korean car-sharing and parking platform operator, is aiming to become the second mobility service firm to go public in the c...

South Korean companies are returning to the local initial public offering market this year, after failing their market debuts last year. But that ha...

South Korean mobile telecom carrier LG Uplus Corp. has announced on Tuesday its plans to install its integrated infotainment (IVI) platform, the Upl...

VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherlands-based ASML Hold...

On Monday, Kia Corp. announced its participation in IDEX 2023, a defense industry trade show being held at the National Exhibition Center in Abu Dha...

The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...

South Korea's battery companies are seeking human resources fluent in the languages and familiar with the cultures of countries where plants are loc...

Vaxcell-Bio Therapeutics, a South Korean company specializing in anti-cancer immunotherapy, announced on Wednesday its partnership with Cellid Co. t...

South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...