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Biz & Tech

Auto

Mon, October 25, 2021 | 22:44

Kia K8 overwhelms Hyundai Grandeur in full-size sedan market

Kia's new K8 sedan has emerged as a top pick for full-size sedan lovers here, as its sales recently surpassed Hyundai Motor's Grandeur sedan, which has been a steady-selling model for more than three decades.

Baek Byung-yeul | 2021-08-06 17:02

Foreign auto brands outsell domestic models

Domestic and foreign auto brands saw diverging fortunes in their sales in the first half, fueling speculation that the polarized market trend may continue, as younger car buyers increasingly favor imported cars.

Yi Whan-woo | 2021-08-06 14:26

[INTERVIEW] 'EV transition to cause major disruptions for carmakers'

Global carmakers are transitioning their lineups swiftly to the more eco-friendly electric vehicles (EVs). According to a UBS report, the size of the global EV market stood at 3 million vehicles in 2020, but is expected to rise to 35.5 million by 2030.

Kim Hyun-bin | 2021-08-06 07:29

Korean carmakers ask EU to be considerate with new carbon policy

South Korean carmakers called on the European Union to be considerate in adopting stricter regulations to curb carbon dioxide emissions due to a possible impact on the automobile industry and consumers' rights, a local industry association said Wednesday.

2021-08-04 14:43

SM Group confirms bid for SsangYong Motor

Mid-tier local conglomerate SM Group has officially confirmed its interest in acquiring a controlling stake in the ailing SsangYong Motor, hoping to enter the burgeoning electric vehicle (EV) market.

Kim Yoo-chul | 2021-07-30 16:25

US firm, 2 local firms submit LOIs for SsangYong Motor

US firm, 2 local firms submit LOIs for SsangYong Motor

A U.S. vehicle importer, a South Korea builder and a consortium led by a South Korean electric bus maker submitted letters of intent to acquire SsangYong Motor Co., they said Friday.

2021-07-30 15:20

SM Group confirms bid for SsangYong Motor

Mercedes-Benz offers luxury electric SUV

Mercedes-Benz Korea launched its new EQA luxury electric compact SUV here on July 12. It is the German carmaker's first pure electric vehicle (EV) introduced under its sub-brand Mercedes-EQ during the Digital World Premiere in January./ The new EQA model by Mercedes-Benz / Courtesy...

Kim Jae-heun | 2021-07-28 16:18

Hyundai workers accept company's wage offers amid pandemic

Unionized workers at Hyundai Motor voted to accept the company's wage offerings for the year amid the extended COVID-19 pandemic, the union said Wednesday.

2021-07-28 11:17

Renault Samsung's SUV gaining popularity

There has been a growing number of customers here preferring SUVs run on gasoline. According to Encar.com, one of the top secondhand car dealer platforms, SUVs show to be the most popular type of car in Korea.

2021-07-27 16:27

Hyundai's archery support shines again in Tokyo

Hyundai South Korean archery team has been in the spotlight as the national team has clinched three gold medals so far at the 2020 Tokyo Summer Olympics as Hyundai Motor Group's devoted support drives them on to victory.

Baek Byung-yeul | 2021-07-27 16:26

Korea stuns the world after winning third gold in archery

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