Hyundai Motor raises N.America workforce, cuts China staff

Hyundai Motor Co., South Korea’s top automaker, ramped up its workforce in North America by more than 50% last year where its presence is grow...
Hyundai Motor Co., South Korea’s top automaker, ramped up its workforce in North America by more than 50% last year where its presence is grow...
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses,...
Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...
South Korea’s Hyundai Motor Group will establish an investment company in the US state of Delaware to expand its presence in the North America...
KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...
Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...
A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sport utility vehicle ...
LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...
South Korea's top waste management company SK Ecoplant Co., a unit of conglomerate SK Inc., is slated to complete talks to invest 130 billion won ($...
Many traffic accidents are caused by drowsy driving, fatigue or the driver’s abnormal health conditions.Automakers around the world have str...
The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...
South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...
South Korea’s three battery players – LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. – are getting a tailwind from the fal...
The eight-day South Korean truck drivers’ strike that ended last week has laid bare one long-standing but often ignored problem at the country...
The in-vehicle infotainment (IVI) system by LG Uplus will be equipped in the new line of vehicles by Toyota Motor Corp. and its luxury division Lexu...
South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...
LS Electric announced Wednesday it has acquired Nokia’s power facility asset analysis platform. The power solutions arm of South Korea&rs...
Owning a luxury car with the design, interior finish or even engine power to one's liking is what drivers dream of but seems out of reach for most.G...
Hyundai Motor Group and the group’s social contribution foundation will create a domestic startup fund to invest a total of 100 billion won ($...
Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...
In the era of autonomous driving, the definition of the space inside a car is expanded into a moving living space, and Hyundai Motor Co. aims to tak...
A consortium led by chemicals-to-steel conglomerate KG Group has been named the preferred buyer of South Korea’s troubled sport utility vehicl...
Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...
The growing fears of a Beijing lockdown are prompting South Korea’s top automaker Hyundai Motor Co. and battery makers, already suffering from...
Hyundai Electric & Energy Systems Co., an electric system spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on May...
SK Group, which has SK Inc. as its holding company, is now South Korea’s second-largest conglomerate by asset size – replacing automotiv...
South Korea’s Hyundai Mobis Co. has tapped two Japanese auto experts to accelerate its business in Japan, the company announced on April 27. T...
The Carlyle Group, a US private equity giant, visited South Korea’s Hyundai Glovis Co. last week to discuss steps to boost the value of the Hy...
LG Magna e-Powertrain Co. broke ground on Tuesday for a factory to produce electric vehicle components in Mexico to meet the growing demand for eco-...