car selling price
Scope
Date
~
-
Automobiles
Hyundai Motor Group dominates US Best Cars for Teens awards
Hyundai Motor Group has claimed seven out of 12 categories in US News & World Report’s Best Cars for Teens for 2025 awards, marking its fo...
Jun 04, 2025 (Gmt+09:00)
-
Private equity
KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million
Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solut...
May 23, 2025 (Gmt+09:00)
-
Food & Beverage
Bird flu in Brazil hikes wholesale chicken prices in Korea
South Korea has suspended chicken imports from Brazil following the outbreak of highly pathogenic avian influenza (HPAI) in the South American count...
May 19, 2025 (Gmt+09:00)
-
Private equity
Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million
Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...
May 19, 2025 (Gmt+09:00)
-
Corporate strategy
SK Group seeks to sell SK Signet as part of sweeping portfolio realignment
South Korea’s second-largest conglomerate SK Group is seeking to divest SK Signet Inc., four years after acquiring the EV charger manufacturin...
May 14, 2025 (Gmt+09:00)
-
Automobiles
Used SUVs pricier than new ones? Yes, in South Korea thanks to Russia
Prices of certain used sport utility vehicles in South Korea are defying the broader economic slowdown, with used models like Hyundai Motor Co.'s Pa...
May 12, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
MBK’s Lotte Card sale gains momentum amid Homeplus fallout
North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte Card Co., South Korea’s fifth-largest car issuer, is g...
May 11, 2025 (Gmt+09:00)
-
Electric vehicles
BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...
May 09, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
Harman acquires Masimo’s audio arm in Samsung’s car audio push
Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...
May 07, 2025 (Gmt+09:00)
-
Asset management
Korea Investment & Securities to sell Goldman Sachs funds
Korea Investment & Securities Co. said on Tuesday it is set to sell funds operated by Goldman Sachs Asset Management LP in South Korea, offering...
May 06, 2025 (Gmt+09:00)
-
Airlines
Korea’s Sono to sell Air Premia stake to focus on another LCC
South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...
May 06, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
CJ CheilJedang scraps sale of Brazilian unit CJ Selecta to Bunge
CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...
Apr 29, 2025 (Gmt+09:00)
-
Automobiles
Exports of Korea-made used cars to hit record high in 2025
South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...
Apr 29, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
LG Chem to sell water filter business to Glenwood PE for $692 million
South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...
Apr 28, 2025 (Gmt+09:00)
-
Steel
POSCO raises ship steel prices as Korea's tariffs curb supply
POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...
Apr 28, 2025 (Gmt+09:00)
-
Markets
Kakao shares sink on SK Telecom’s stake sell-off news
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
Apr 25, 2025 (Gmt+09:00)
-
Automobiles
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...
Apr 20, 2025 (Gmt+09:00)
-
Automobiles
Kia EV3 named 2025 World Car of the Year; Hyundai Inster wins EV award
NEW YORK – Hyundai Motor Group, the world’s third-largest automaker, snagged top trophies for its low-cost electric vehicles at the 2025...
Apr 17, 2025 (Gmt+09:00)
-
Automobiles
Hyundai chief Chung, GM CEO Barra to meet September in Detroit
Hyundai Motor Group Executive Chairman Chung Euisun and General Motors Co. Chair and Chief Executive Mary Barra are slated to meet in September in D...
Apr 09, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
SK Group in talks with Hahn & Co. to sell SK Siltron
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s s...
Apr 08, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
Apr 07, 2025 (Gmt+09:00)
-
Automobiles
Hyundai premieres all-new NEXO, reinforcing hydrogen power
Hyundai Motor Co. on Thursday unveiled the all-new NEXO, the first full-change model of the fuel cell electric vehicle (FCEV) since its launch in 20...
Apr 03, 2025 (Gmt+09:00)
-
Bio & Pharma
Celltrion to sell autoimmune drug Stelara biosimilar at Costco in US
South Korea’s leading biosimilar drug developer Celltrion Inc. said on Monday it is set to sell Steqeyma, a biosimilar to autoimmune disease t...
Mar 25, 2025 (Gmt+09:00)
-
Automobiles
Hyundai, GM near to unveiling EV, pickup truck sharing plan
Hyundai Motor Co. and General Motors Co. are expected to soon announce a vehicle-sharing deal about six months after they signed an agreement for th...
Mar 21, 2025 (Gmt+09:00)
-
Batteries
SK On to supply 100 GWh of EV batteries to Nissan
SK On Co. has landed a deal to supply nearly 100 gigawatt hours (GWh) of electric vehicle batteries to Japanese carmaker Nissan Motor Co., which cou...
Mar 20, 2025 (Gmt+09:00)
-
Steel
POSCO to sell entire stake in Nippon Steel, ending equity ties
POSCO Holdings Inc. has decided to sell its entire stake in Nippon Steel Corp., according to industry sources on Wednesday, marking the end of their...
Mar 20, 2025 (Gmt+09:00)
-
Corporate strategy
Hyundai chief Chung Euisun targets software-led car dominance by 2028
Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc. in software-defined vehicle (SDV) technology by 2028, un...
Mar 19, 2025 (Gmt+09:00)
-
Business & Politics
Korea sees record February auto exports before looming Trump tariffs
South Korea enjoyed record February auto exports on strong demand in the US ahead of its looming tariffs, the government said on Tuesday, while the ...
Mar 18, 2025 (Gmt+09:00)
-
Automobiles
Kia to ramp up Seltos output to meet high global demand
Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...
Mar 13, 2025 (Gmt+09:00)
-
Korean chipmakers
Magnachip to sell display business in H1 to focus on power semiconductors
South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...
Mar 13, 2025 (Gmt+09:00)
Latest News
- 1 Invesco, SK D&D likely to buy co-living building in Seoul
- 2 Coupang bids for Korean luxury market dominance with Farfetch
- 3 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 4 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 5 Korea to allow non-profits to buy bad consumer loans