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Tue, November 20, 2018 | 23:26

Biz & Tech > Automotive >

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

Shin's return jumpstarts Hotel Lotte IPO

Lotte Group appears to be accelerating its plan to list the shares of Hotel Lotte, which holds considerable stakes in Lotte Property and Development and other key group units, since Chairman Shin Dong-bin was released from jail on Oct. 5, industry analysts said Friday.

Automotive | 2018-10-12 17:28

KOEN in hot seat over 'wasted' coal project

Korea South-East Power Company (KOEN), a subsidiary power company of the state-run Korea Electric Power Corp. (KEPCO), is under criticism for “wasting” 40.7 billion won ($35.96 million) in an unfeasible coal project.

Automotive | 2018-10-12 17:25

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CA wildfires: Number of missing persons skyrockets