Tata, Korea's Woori to expand car financing services in Asia

Tata, Korea's Woori to expand car financing services in Asia

Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...

Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs

Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs

Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...

Shinsegae’s day of reckoning looms for online ambitions

Shinsegae’s day of reckoning looms for online ambitions

Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...

Genesis beats BMW to rival Mercedes in Korea's premium segment

Genesis beats BMW to rival Mercedes in Korea's premium segment

In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...

Hyundai Motor Group has most IIHS ROP top safety pick cars

Hyundai Motor Group has most IIHS ROP top safety pick cars

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

Hyundai, Kia US car sales dip in April; EVs outperform

Hyundai, Kia US car sales dip in April; EVs outperform

Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...

Shinsegae faces off with Affinity, BRV over SSG.COM

Shinsegae faces off with Affinity, BRV over SSG.COM

Shinsegae Group could face a legal battle against two private equity firms that are demanding it buy back their combined 1 trillion won ($727 millio...

Kia logs record profit, revenue in Q1 on weak won

Kia logs record profit, revenue in Q1 on weak won

Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...

Hyundai to produce hybrid cars at EV-only plant in US state of Georgia

Hyundai to produce hybrid cars at EV-only plant in US state of Georgia

Hyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery plant in the US state o...

LG’s washers selected as best by Consumer Reports

LG’s washers selected as best by Consumer Reports

LG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 evaluation.The evalua...

Autech enters silver car market for seniors

Autech enters silver car market for seniors

South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...

Affinity to buy SK Rent-a-Car at $572 mn, more deals expected

Affinity to buy SK Rent-a-Car at $572 mn, more deals expected

Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...

Hyundai’s Genesis: Vehicle evolution from comfort to driving fun

Hyundai’s Genesis: Vehicle evolution from comfort to driving fun

Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...

Hyundai Mobis to unveil crab-walking car in S.Korea

Hyundai Mobis to unveil crab-walking car in S.Korea

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...

Kia to boost hybrid lineup to lead eco-friendly car market

Kia to boost hybrid lineup to lead eco-friendly car market

Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...

Kia EV9 named best electric SUV in Germany

Kia EV9 named best electric SUV in Germany

Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the top electric ...

LG Uplus, Mobirix to jointly develop car infotainment

LG Uplus, Mobirix to jointly develop car infotainment

South Korea's LG Uplus Corp. announced on Tuesday that it signed a memorandum of understanding (MOU) with the domestic mobile game developer Mobir...

Hyundai Motor opens N brand tuning online shop

Hyundai Motor opens N brand tuning online shop

Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...

Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N

Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N

NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...

Ferrari, SK On team up to innovate battery technology

Ferrari, SK On team up to innovate battery technology

Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...

SK Networks prepares to put SK Rent-a-Car on market

SK Networks prepares to put SK Rent-a-Car on market

SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts t...

STX to supply car CKD to Bangladeshi company

STX to supply car CKD to Bangladeshi company

STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...

LG Uplus Sporki to be featured in Toyota's car Infotainment

LG Uplus Sporki to be featured in Toyota's car Infotainment

South Korea's LG Uplus Corp. announced on Friday that its sports community platform Sporki will be featured in Toyota Connect, the U+Drive-based inf...

S.Korea’s Liner, the world’s No. 4 generative AI web product

S.Korea’s Liner, the world’s No. 4 generative AI web product

South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...

Craft beer maker Jeju Beer sells stake to car repair company

Craft beer maker Jeju Beer sells stake to car repair company

South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...

Renault to invest $523 mn to build green car hub in Korea

Renault to invest $523 mn to build green car hub in Korea

Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 t...

Hyundai to bring Casper EV to Japan, premium Genesis cars to India

Hyundai to bring Casper EV to Japan, premium Genesis cars to India

Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its performance in the neigh...

LG Elec named best front-load washer in US

LG Elec named best front-load washer in US

LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...

Kia EV9 named UK Car of the Year 2024

Kia EV9 named UK Car of the Year 2024

Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the UK Car of the...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared