deloitte car consumer survey 2023

Shares of Korean companies supplying parts to Apple rose sharply on Thursday. The jump comes on the back of robust iPhone sales and buzz that the ...

IGIS Asset Management Co., South Korea’s largest real estate asset manager, has made a forward funding deal of three logistics centers under...

Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...

South Korea’s largest auto parts maker Hyundai Mobis Co. said on Wednesday it is unveiling two future mobility concept cars at the upcoming CE...

Drivers of Hyundai Motor Co. and Kia Corp. are set to enjoy their favorite original TV shows and dramas in-vehicle in near real-time, created by Sou...

Samsung Electronics Co., in a surprise move, has merged its mobile and consumer electronics businesses into a single unit, and replaced chief execut...

South Korea’s wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...

South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...

Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in recognition of the South...

Inspire Integrated Resort Co., a South Korean resort developer and 100% affiliate of US casino and gaming company Mohegan Gaming & Entertainme...

Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...

South Korea’s conglomerates SK, LX and Daesang have joined hands on the eco-friendly plastics business, utilizing their respective strengths i...

South Korea’s top petrochemical maker LG Chem Ltd. and the No. 2 refiner GS Caltex Corp. have agreed to jointly produce a biodegradable plasti...

Hyundai Motor Co. and sister firm Kia Corp. on Thursday unveiled their latest concept sport utility vehicles at the Los Angeles Auto Show as the two...

Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...

South Korean steelmaking giant POSCO Co. is slated to quadruple its production of non-grain-oriented electrical steel sheet, a key material in the...

Hanwha Energy Corp. of South Korea's Hanwha Group will raise about 150 billion won ($130 million) from Woori Private Equity to fund its solar energy...

The chief investment officers of 10 South Korean major limited partners (LPs), including pension funds, mutual aid associations and life insurance c...

The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...

South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...

Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...

Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...

Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...

South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...

South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...

Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their market share in Europe rise to a level never seen before...

A plug-in hybrid electric vehicle (PHEV) was once touted as the next-generation automobile technology as such models carry the strengths of both a c...

The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...

Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...

Dongkuk Steel Mill Co., the world’s leading manufacturer of color coated steel, has expanded its production capacity even further. The company...