car sales target

South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...

Private equity giant KKR & Co. is slated to buy a 100% stake in Busan City Gas Co., wholly owned by South Korean energy company SK E&S Co., ...

Samsung Electronics on Monday said its heat pump Eco Heating System (EHS), a green heating and cooling system, has seen explosive sales growth on th...

Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...

The Korea Automotive Technology Institute says the domestic auto industry should more proactively use Asean-region members like Indonesia and Thaila...

Just a couple of decades ago, vehicles built by Hyundai Motor Co. and Kia Corp. were dismissed as second-class cars of poor quality, with some car m...

Seegene Inc. said on Friday that its COVID-19 diagnostic product Allplex SARS-CoV-2 Assay received the Product of the Year Award at the BioSpectrum ...

South Korea’s Glenwood Private Equity is set to take legal action against Hong Kong-based Baring Private Equity Partner over the cancellation ...

South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as its initial public o...

Samsung Electronics Co. and Apple Inc. have had a long rivalry in the global market for smartphones and other mobile devices. In terms of sales...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

Epikar, a car retail digital conversion solution company, said on Thursday that it has succeeded in attracting Series A investment from a number of ...

US designer brands Gabriela Hearst and Veronica Beard, as well as Swedish premium Toteme are set to open exclusive stores in South Korea to allure f...

South Korea’s LG Innotek Co. said on Dec. 15 it will showcase its new products for electric and autonomous vehicle parts at the Consumer Elect...

South Korea's GI Cell, the cell therapy affiliate of GI Innovation, on Tuesday said it signed an agreement with Optieum Biotechnologies of Japan on ...

Samsung Electronics Co., the world’s largest memory chipmaker, saw its foundry business revenue exceed that of its mainstay NAND flash chips f...

South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...

South Korea's major retailer Shinsegae International said on Monday that it would acquire the exclusive domestic sales rights of Laura Mercier, a Fr...

South Korea is seeing growth in the variety of services for the rising number of eco-friendly electric vehicles (EVs) on the nation's roads.Industry...

Hyundai Motor Group, South Korea’s top carmaker, is on course for record electric vehicle sales in Europe, with its new models' expansion in t...

China’s Dajia Insurance Group Co. seeks to divest of a full stake in its South Korean subsidiary ABL Life Insurance Co. with an estimated valu...

Hyundai Motor Co. on Friday said its electric-powered sport-utility vehicle (SUV) IONIQ 5 was named Japan's Import Car of the Year for 2022-23 by th...

South Korean dessert café Sulbing said on Friday that it signed a new master franchise contract to declare its entry into the US market and a...

South Korea’s two companies, Lordsystem and NHN Doctortour, decided to cooperate on mobile passport identity verification services, which wi...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...

Lotte GRS, the food affiliate of Lotte Group, said on Thursday that it opened its third Lotteria restaurant in Ulaanbaatar, Mongolia, last Friday.Lo...

SK Car Rental said on Wednesday that it has obtained the safety and health management system (ISO45001) certification from the British Standards Ins...

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...

Samsung Heavy Industries said on Tuesday in a regulatory filing that it has sold a drillship to Saipem, an Italian offshore drilling company, for 29...

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 ...