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Mon, October 22, 2018 | 16:24

Biz & Tech > Automotive >

Private power firms bleed on fuel price hikes, unfair market

Domestic private power utilities are suffering from a deteriorating bottom line, as steeply rising fuel prices lead them into the situation of “the more you operate, the more you lose.”

Automotive | 2018-10-21 17:53

Hyundai Motor to host 'affordable' auto racing

Hyundai Motor will host affordable auto racing for entry-level racers during the first Veloster N Cup next spring, so more drivers can enjoy motorsports, the nation's leading automaker said Sunday.

Automotive | 2018-10-21 16:35

GM Korea approves R&D spin-off

GM Korea shareholders approved its plan to establish a separate corporate body for research and development Friday, despite its union's effort to disrupt their meeting.

Automotive | 2018-10-19 17:16

Hyosung transforms under Cho's leadership

The governance of Hyosung has become more transparent to the market after its Chairman Cho Hyun-joon vowed the company under his leadership will actively communicate with investors to improve the shareholder value.

Automotive | 2018-10-19 09:09

GM Korea union poised to strike over R&D spinoff plan

GM Korea's union said Thursday it will go on strike Oct. 22 unless the company scraps its plan to establish a separate corporate body for research and development. The union also called on the state-run Korea Development Bank (KDB) to vote against the spinoff plan at the carmaker's shareholders' meeting which will take place at 2:00 p.m. today.

Automotive | 2018-10-18 16:50

Taxi drivers' strike disrupts morning commutes [PHOTOS]

A walkout by thousands of taxi drivers in protest against a commercial carpool service disrupted commuters heading to work during morning rush hour on Thursday.

Automotive | 2018-10-18 12:58

50,000 Seoul taxi drivers protest against Kakao T Carpool app

Carmakers turning to large SUVs for growth

Hyundai, Kia and other carmakers here are turning their eyes to the once-neglected segment of large SUVs, with a slew of attractive models ready to make their debut in the coming months.

Automotive | 2018-10-17 16:28

'MAN Truck Korea concealing defects'

Truckers are accusing MAN Truck & Bus Korea (MTBK), which recently claimed its trucks have no safety issues and their engines never get rusty, of “lying” to conceal their defective engines.

Automotive | 2018-10-15 16:48

Moon tests fuel-cell EV Nexo in Paris

President Moon Jae-in tested Hyundai Motor's fuel-cell electric vehicle (FCEV) Nexo during his state-visit to France, Sunday, asking enhanced collaboration between firms in Korea and France to build hydrogen ecosystems in the two countries.

Automotive | 2018-10-15 00:00

Hanwha Chairman calls for smoother KORUS trade

Hanwha Group Kim Seung-youn called for a smoother trade between South Korea and the United States, during a dinner with Heritage Foundation founder Edwin Feulner, the group said Sunday.

Automotive | 2018-10-14 17:31

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Trump threatens to close US-Mexico border [PHOTOS]