car demand

LG Innotek, the electrical component unit of South Korea's LG Group, said on Wednesday that it has developed two types of high-performance hybrid le...

Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...

Lotte Rental said on Tuesday that it was granted the "$30 Million Tower" Export  Award at the "59th Korea Trade Day" award ceremony, thanks to ...

Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...

South Kora’s top automaker Hyundai Motor Group enjoyed strong demand in the US last month as the improving automotive chip supply situation bo...

Hyundai Motor Group said on Thursday that it won awards in two categories, "Instant Icon of the Year" and "Manufacturer of the Year," at the 2022 To...

Korea Electric Power Corp. (KEPCO) saw on Nov. 27 around 1.7 trillion won ($1.3 billion) worth of investor bids for its bond issuance targeting 400 ...

Asia’s benchmark refining margin is staging a rebound, providing relief for South Korea’s oil companies, which now expect their full-yea...

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...

South Korea’s SK Energy Co., refiner giant SK Innovation Co.’s petroleum production subsidiary, said on Tuesday it will join forces with...

General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...

Kia Corp. has seen record-high auto sales in the UK thanks to having the highest brand satisfaction among British dealers.Industry sources on Monday...

The total number of registered eco-friendly vehicles in South Korea surpassed 1.5 million as of end-October, up 38.3% from 1.1 million compared to a...

Hyundai Motor Co.'s G90, a flagship sedan under the South Korean automaker’s premium sub-brand Genesis, has been named the 2023 Car of the Yea...

Genesis, the luxury car brand of Hyundai Motor, has unveiled a convertible concept model in Southern California.In Malibu Tuesday, Genesis introduce...

KT&G Corp., the world’s fifth-largest tobacco maker, appointed Goldman Sachs as an advisor to improve corporate governance after a Singapo...

LG Uplus Corp., South Korea’s third-largest mobile carrier, will supply exclusive wireless communications services to Hyundai Motor Group for ...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...

Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...

The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, said on Thursday it will not reduce its production despite dwin...

Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...

Hyundai Motor Co., South Korea’s top automaker, will increase production of hybrid models by some 15% next year to focus on the popular segmen...

CHANGWON, South Gyeongsang Province -- General Motors Co. may consider making electric vehicles in South Korea, the country manager said on Wednesda...

South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...

US Department of Energy officials are in South Korea to discuss details of its electric vehicle and battery tax credit law with Korean government of...

Hyundai Motor Group will introduce software-defined vehicles (SDVs) that receive wireless software updates for models to be released from next year,...