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Thu, November 22, 2018 | 00:59

Biz & Tech > Automotive >

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

GS to offer $200,000 for Indonesia quake victims

GS will provide $200,000 in aid to the victims of multiple quakes that have hit Indonesia hard, the group said Friday.

Automotive | 2018-10-12 17:22

Truckers to disrupt MAN Truck's product showcase

More than 50 MAN Truck owners will stage a rally at the German truck maker's product showcasing event scheduled for today, calling for the company to come up with proper repair services and compensation for what they claim are “problematic engines.”

Automotive | 2018-10-11 16:47

GM Korea faces rough sailing

GM Korea's bid to normalize operations is facing rough waters, with its union workers planning to go on strike against the management's decision to set up a new corporate body for research and development. According to GM Korea's labor union Wednesday, it will hold a two-day vote among its members on Oct. 15 and 16 over going on strike to protest the management's plan for the...

Automotive | 2018-10-10 18:18

Hyundai's Czech plant leaps forward with high-performance cars

NOSOVICE, Czech - Hyundai Motor's manufacturing plant in the Czech Republic will meet its 10th anniversary of operation in November, and the plant seeks to transform itself from a forward base in Europe to the center of the brand's high-performance cars in the region.

Automotive | 2018-10-09 16:57

Jaguar Land Rover to recall over 16,000 trucks for faulty parts

The ministry said the British carmaker's recall plan will start on Oct. 29 and cover five different models that will be checked by mechanics, the Ministry of Land, Infrastructure and Transport said in a statement.

Automotive | 2018-10-08 09:48

Motorsport bolsters Hyundai's Europe sales

ALZENAU, Germany - With Hyundai Motor enjoying solid performances in World Rally Championship (WRC) and World Touring Car Cup (WTCR), its motorsport unit Hyundai Motorsport GmbH (HMSG) has been attracting attention as it has improved Hyundai's reputation from a value-for-price carmaker to a manufacturer of high-quality vehicles.

Automotive | 2018-10-07 21:30

Hankook Tire bolsters R&D for premium tire market

Hankook Tire has been enhancing research and development (R&D) to expand its global premium original equipment (OE) tire business amid the rapidly changing business environment of the global market, the company said Sunday.

Automotive | 2018-10-07 18:15

Hyundai attracts Europe with i30N

PARIS - Hyundai Motor's high-performance hatchback i30 N is attractive to Europeans, with nearly 3,800 of the vehicles hitting the region's roads to double the company's sales goal for this year.

Automotive | 2018-10-05 16:30

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CA wildfires: Number of missing persons skyrockets