HD Hyundai, Hanwha delivers 1st of 12 container ships to HMM

HD Hyundai, Hanwha delivers 1st of 12 container ships to HMM

South Korea’s top container line HMM Co. said on Wednesday that it held a naming ceremony for HMM Garnet, a 13,000 twenty-foot equivalent unit...

Hyundai Wia logs $780 mn in constant velocity joint orders

Hyundai Wia logs $780 mn in constant velocity joint orders

Hyundai Wia Corp., a South Korean automotive parts manufacturer, said on Wednesday it secured 1.045 trillion won ($781 million) worth of overseas or...

Hyundai Mobis unveils human-centric lighting tech for cars

Hyundai Mobis unveils human-centric lighting tech for cars

Hyundai Mobis Co., the world’s sixth-largest auto parts maker, has introduced a system that changes car interior lights depending on a driver&...

Hyundai Motor units join hands for logistics solutions

Hyundai Motor units join hands for logistics solutions

Hyundai Motor Group’s autonomous driving technology arm 42dot Inc. has joined hands with its sister companies Hyundai Glovis Co. and Hyundai C...

HD Hyundai Oilbank to advance into N.American lubricants market

HD Hyundai Oilbank to advance into N.American lubricants market

HD Hyundai Oilbank Co., South Korean shipbuilding and machinery conglomerate HD Hyundai Co.'s oil refining unit, will venture into the North America...

Hyundai unveils aerodynamic tech to increase EV mileage

Hyundai unveils aerodynamic tech to increase EV mileage

Hyundai Motor Group on Tuesday unveiled an aerodynamic technology to increase electric vehicles’ mileage as the world’s third-largest au...

Hyundai launches 2024 Xcient Pro heavy truck model

Hyundai launches 2024 Xcient Pro heavy truck model

South Korean auto giant Hyundai Motor Co. announced on Tuesday the launch of its updated heavy truck model, the '2024 Xcient Pro.' This new model i...

Flashlight Capital urges KT&G to sue its directors for negligence

Flashlight Capital urges KT&G to sue its directors for negligence

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has urged South Korean tobacco maker KT&G Corp. to sue its inc...

Hyundai, LG ask US to ease EV tax benefit requirements

Hyundai, LG ask US to ease EV tax benefit requirements

South Korean electric vehicle and battery makers including Hyundai Motor Group and LG Energy Solution Ltd. have asked the US to ease requirements fo...

HD Hyundai Marine Solution to enter ship cyber security

HD Hyundai Marine Solution to enter ship cyber security

South Korea’s HD Hyundai Marine Solution announced on Monday that it has signed a memorandum of understanding (MOU) with the domestic security...

Hyundai Glovis invests in stake of EV battery recycler

Hyundai Glovis invests in stake of EV battery recycler

South Korean shipping and logistics company Hyundai Glovis Co. announced on Monday that it has signed a share subscription agreement (SSA) related t...

Hyundai unveils All-New Kona Electric N Line in Europe

Hyundai unveils All-New Kona Electric N Line in Europe

Hyundai Motor Co. unveiled 2024 The all-new KONA Electric N Line in the European market including the UK on Jan. 16., according to the company.&nb...

Hyundai Motor Group holds firm as world’s No. 3 carmaker

Hyundai Motor Group holds firm as world’s No. 3 carmaker

South Korea’s Hyundai Motor Group kept its title as the world's third-largest automaker by sales volume for the second straight year in 2023, ...

MyRealTrip attracts $57 mn investment

MyRealTrip attracts $57 mn investment

South Korea's travel app MyRealTrip announced on Friday that it has attracted 75.6 billion won ($56.55 million) investment from domestic and foreign...

S.Korean securities downgrades GS E&C’s investment opinion

S.Korean securities downgrades GS E&C’s investment opinion

Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on...

Hyundai, Kia dominate US Best Cars for the Money

Hyundai, Kia dominate US Best Cars for the Money

Hyundai Motor Group announced on Friday that Hyundai Motor Co. and Kia Corp. have top seven categories in the 2024 Best Cars for the Money awards in...

Hyundai Motor signs 4-year lithium deal with Ganfeng Lithium

Hyundai Motor signs 4-year lithium deal with Ganfeng Lithium

Hyundai Motor Group will acquire lithium hydroxide, a key raw material for electric vehicle batteries, from the world’s No. 1 supplier Ganfeng...

Hyundai Motor, Kia rank 4th in Europe with record 2023 sales

Hyundai Motor, Kia rank 4th in Europe with record 2023 sales

South Korea’s top automaker Hyundai Motor Group saw its vehicle sales in Europe rise to a fresh record high in 2023, driven by sport utility v...

POSCO Int'l to supply motor cores to Hyundai, Kia in Europe

POSCO Int'l to supply motor cores to Hyundai, Kia in Europe

POSCO International Corp. announced on Thursday that it has secured an order for 1.03 million units of motor cores, which will be featured electric ...

Hyundai N Vision 74 wins 2023 Good Design Award

Hyundai N Vision 74 wins 2023 Good Design Award

Hyundai Motor Group announced on Thursday that its nine products across Hyundai Motor Co., Kia Corp., and premium brand Genesis have received top ...

S.Korea to scrap capital gains taxes on financial products

S.Korea to scrap capital gains taxes on financial products

South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...

Korean learning platform Elice raises $14.9mn from Vertex

Korean learning platform Elice raises $14.9mn from Vertex

Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...

Hyundai sells Chongqing plant at $227 mn for China restructuring

Hyundai sells Chongqing plant at $227 mn for China restructuring

Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring its business to surv...

Hyundai Motor to launch advanced vehicle platform R&D division

Hyundai Motor to launch advanced vehicle platform R&D division

South Korea’s top automaker Hyundai Motor Group will launch an advanced vehicle platform (AVP) research and development division, combining it...

Iljin Electric secures $36 mn order for high-voltage cables in Malaysia

Iljin Electric secures $36 mn order for high-voltage cables in Malaysia

Iljin Electric, the integrated heavy electric device unit of South Korea's Iljin Group, announced on Tuesday that it has recently signed a contract ...

Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US

Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US

CALIFORNIA CITY, Calif. – The Mojave Desert, known by locals as the "high desert," lies some 170 km northeast of Los Angeles, California. In t...

Hyundai Motor to invest $845 million to expand India’s Talegaon plant

Hyundai Motor to invest $845 million to expand India’s Talegaon plant

South Korea’s top automaker Hyundai Motor Co. will invest 70 billion Indian rupees ($845 million) to expand and upgrade its Indian car manufac...

Hyundai Motor launches 'Hyundai Future Adventure' on Roblox

 Hyundai Motor launches 'Hyundai Future Adventure' on Roblox

Hyundai Motor Co. announced on Monday that it will launch a new game "Hyundai Future Adventure" on the popular metaverse platform Roblox, where user...

Former Hyundai Mobis CEO embarks on ISO president term

Former Hyundai Mobis CEO embarks on ISO president term

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

Hyundai, Kia offer up to $7,500 discounts for EVs in US

Hyundai, Kia offer up to $7,500 discounts for EVs in US

Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halves as US tariffs bite