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Sun, September 23, 2018 | 09:46

Biz & Tech > Automotive >

Hyundai Capital to develop AI-based finance services

Hyundai Capital has signed a business agreement with KT to develop finance services using voice recognition-based artificial intelligence (AI) devices for cars.

Automotive | 2018-05-28 16:28

Tiremakers suffer from sluggish car sales

Sluggish sales in the domestic car market have led to a poor first-quarter performance of the nation's three tiremakers, analysts said Monday. According to analysts, Hankook Tire, Kumho Tire and Nexen Tire have also suffered from rising prices of synthetic rubber following the global oil price hike, as well as another unfavorable factor - low capacity utilization of their new...

Automotive | 2018-05-28 16:23

Mercedes-Benz Korea enticing clients through charity run

Mercedes-Benz Korea held a charity run Sunday, bringing 10,000 participants to Pyeonghwa Square in Sangam World Cup Park in Seoul. A plug-in hybrid SUV from the automaker's eco-friendly electric vehicle brand EQ, the GLC 350 e 4MATIC, in full electric mode, guided participants.

Automotive | 2018-05-27 17:09

Renault Samsung fined for airbag warning on passenger seat

Renault Samsung Motors has been fined for putting airbag warning labels on sun visors only above the passenger seats of its 51,759 QM6 SUV, according to the Ministry of Land, Infrastructure and Transport, Friday. The ministry said Renault violated a law mandating airbag warning labels on sun visors above driver's seats. Even if a car is equipped with airbags for passengers, K...

Automotive | 2018-05-25 16:45

US tariffs to hit Korean carmakers hard

In another trade bomb, the Donald Trump administration is moving to impose a hefty 25 percent tariff on car imports, which will likely weigh heavily on domestic carmakers and Korea's export to the United States. According to the White House, Trump instructed the U.S. Department of Commerce to investigate whether automotive parts imports threaten the country's “national securi...

Automotive | 2018-05-24 16:54

China moving to go easy on Korean batteries

Chances are returning for Korean lithium-ion battery makers to obtain contracts from Chinese electric vehicle (EV) makers, as EVs equipped with their batteries recently made it on a recommended list by the Chinese government.

Automotive | 2018-05-24 16:52

Korean auto industry worried over US car tariff probe

The possibility of the United States imposing new tariffs on imported cars is fueling worries among South Korean automakers already grappling with weak demand in the key export market and intensifying competition, industry watchers here said Thursday.

Automotive | 2018-05-24 16:05

Ssangyong Motor hosts outdoor events for customers

Ssangyong Motor has hosted various outdoor events for its customers, in its efforts to liven up to the reputation of its SUVs, the company said Monday.

Automotive | 2018-05-24 15:15

Kumho Tire supplies tires for Volkswagen Atlas

Kumho Tire is supplying its Crugen Premium tires as the factory-standard tire for the 2018 Volkswagen Atlas SUV, signifying it is back on track for resuming full operation, the tiremaker said Wednesday.

Automotive | 2018-05-23 17:19

GM to launch Chevy cars Koreans want

GM's Korean affiliate will roll out Chevrolet cars that Koreans want to see on the road here, GM Korea President Kaher Kazem said Wednesday, in what appears to be a bid to regain the trust of domestic consumers amid its efforts to normalize its operation.

Automotive | 2018-05-23 17:17

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Inter-Korean Summit in Pyongyang