car demand

Korea Gas Corp. (KOGAS) aims to expand liquefied natural gas (LNG) bunkering business as global demand for cleaner fuels for ships is growing.LNG bu...

Korean construction and heavy equipment manufacturers have posted strong results in the second quarter, maintaining the trend of recovery from the f...

The global tire industry is enjoying a boom driven by fast-growing used car demand in the world. Hankook Tire & Technology is seen as a key bene...

South Korean companies with low credit ratings around BBB are suffering weaker demand in the primary market. A spread in the Delta coronavirus varia...

Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...

A global memory chip supercycle is taking a breather with weakening growth in DRAM chip prices, halting bullish momentum in shares of Samsung Electr...

South Korea’s top chemical maker LG Chem Ltd. has vowed to leapfrog crosstown rival Kumho Petrochemical Co. to become the world’s top la...

Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...

Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...

South Korean rechargeable battery-related companies are jumping into capital markets to raise money for capacity expansion as the fast-growing ele...

Korea Gas Corp. (KOGAS) and Hyundai Motor Co.’s Turkish unit sold foreign currency corporate bonds at narrower spreads than their initial targ...

Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...

Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...

Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...

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

LG Innotek Co., a major camera module supplier for Apple Inc.’s iPhones, is looking to post a record operating profit and sales this year as i...

South Korea’s leading multiplex cinema chain CJ CGV has received 16.2 trillion won ($14.5 billion) in investor demand for the perpetual conv...

Luxury brands are hiking up prices in South Korea. Designers such as Hermes, Louis Vuitton and Chanel have increased their prices in Korea this year...

South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...

OCI Co., a South Korean chemical and green energy company, has been in the red for years, weighed by weak prices of its mainstay product polysilicon...

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...

LG Chem Ltd., the parent company of South Korea’s leading battery maker LG Energy Solution Co., is enjoying a strong rise in demand for its wa...

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

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...

Oil refiners in South Korea and across Asia have been among those hit hardest by the subdued demand amid the global pandemic. With increasing vaccin...

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...

SK IE Technology Co. (SKIET), the battery materials subsidiary of SK Innovation Co., has set a new record for initial public offering demand, briefl...

The initial public offering price of South Korea’s SK IE Technology Co. has been set at the top end of the proposed band, reflecting a recor...