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Tue, November 20, 2018 | 22:25

Biz & Tech > Automotive >

GM Korea subcontractors on verge of collapse

Many GM Korea subcontractors are on the verge of collapse as the struggling carmaker's sales show no signs of recovery, industry officials said Thursday. The escalating labor-management conflict at the Korean unit of the U.S. auto giant has made things worse for auto parts makers, which have been hit hard by plunging sales amid higher labor expenses and soaring raw material c...

Automotive | 2018-10-25 16:12

Investors dumping Mando shares

Investors are dumping shares of Mando as the car parts maker is suffering from a deteriorating bottom line, hit by the sluggish performance of carmakers in both Korea and China.

Automotive | 2018-10-25 16:00

Hyosung becomes more working mom-friendly under Chairman Cho

The corporate culture of Hyosung Group is becoming more employee-friendly under Chairman Cho Hyun-joon's initiative to boost worker satisfaction.

Automotive | 2018-10-24 17:35

Hyundai Mobis develops 'smarter' headlamp

Hyundai Mobis has developed an advanced adaptive headlamp which automatically reflects sudden changes in the road and driving conditions, the auto parts company said Wednesday.

Automotive | 2018-10-24 17:34

Jaguar luxury sedan XJ celebrates 50th anniversary

Jaguar is celebrating the 50th anniversary of its flagship luxury sedan the XJ by introducing the latest XJ50, which will be available here next month.

Automotive | 2018-10-24 17:12

Puppy On Board: Pets emerge as key passengers in cars

Carmakers have begun paying greater attention to better accommodate dogs and cats as more motorists travel with their pets, industry officials said Wednesday.

Automotive | 2018-10-24 15:46

BMW Korea conducts 'precautionary' recall for 65,763 diesels

BMW Korea has decided to conduct an additional recall of 65,763 vehicles of 52 diesel-engine models, despite a low chance of fire in those cars, the company said Tuesday.

Automotive | 2018-10-23 15:58

Volvo, Man Truck, Daimler hit by sluggish sales

Imported trucks and other commercial vehicles' sales are mired in a downward spiral, as the domestic construction industry slows on a real estate market cooldown

Automotive | 2018-10-22 17:01

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

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CA wildfires: Number of missing persons skyrockets