car output recovery

LG Electronics Inc. will launch a car infotainment system joint venture with Luxoft, a DXC Technology company headquartered in Switzerland, later th...

A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...

Maneuvering in and out of tight parking spaces is troublesome for some drivers, men and women alike. Whatever your take on parking, Hyundai Motor Co...

Samsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartphones and other gadge...

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

MBK Partners has now become the second-largest shareholder in both of China’s two biggest rental car companies after purchasing a 20.86% stake...

The Bank of Korea has raised its growth forecast for this year and next, citing advances in vaccine development and a rebound in exports, after keep...

South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...

The penetration of electric and hydrogen-powered vehicles into the transportation industry will unlikely become a major threat to refiners over the ne...

At Hyundai Motor Co.'s brand launch event held on Nov. 4, 2015, someone made an unexpected appearance on the stage, surprising the crowd. It was curre...

Hyundai Motor Co. displayed fashion items made of discarded materials from the automotive manufacturing and scrapping process on Oct. 8, calling it a ...

South Korea’s leading car-sharing platform Socar Inc. has become the country's 12th unicorn valued at around 1.1 trillion won after re...

Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...

Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...

Spain’s Banco Santander and Hyundai Capital Services Inc. have decided to buy a controlling stake in Sixt Leasing SE, a unit of German car renta...

Hanwha Investment & Securities Co. Ltd. and two other financial arms of South Korea’s Hanwha Group have underwritten $240 million of a 30-year deb...

Hana Financial Investment Co. Ltd. has agreed to buy a 15% stake in France’s leading car park operator Indigo Group from Ardian through a co-investmen...

Private equity firm KKR & Co. has signed an agreement to buy a stake in a South Korean automotive parts maker and acquire a copper foil unit to be...