car production

The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...

South Korea-based Mando Corp. is set to acquire electronic auto parts maker Mando-Hella Electronics Corp. in a deal valued at 165 billion won ($148 ...

Shares in Kia Corp. and South Korean automotive parts makers rose sharply on Wednesday, following a news report that Apple Inc. will make an initial...

LG Electronics Inc. and Qualcomm Technologies Inc. have agreed to cooperate in the development of 5G wireless platforms for next-generation connecte...

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...

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

South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...

A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...

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...

South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...

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...

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...

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...

South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...

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...

A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...

Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...

South Korea's Hyundai Heavy Industries Holdings Co. is scheduled to construct a large-scale shipyard for very large crude carriers (VLCCs) and a mar...

Hanmi Pharmaceutical said on Monday that it had signed an agreement with Euclid Medical Products, a company specializing in manufacturing drug dis...

SK Hynix said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution to...