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Biz & Tech

Auto

Wed, October 20, 2021 | 19:27

BMW, KITA join hands to nurture prospective startups

BMW Group Korea has signed a memorandum of understanding with the Korea International Trade Association (KITA), the Center for Creative Economy and Innovation (CCEI) in Gyeonggi Province and FuturePlay, to discover promising start-ups here and promote the “BMW Testbed Project” together.

Kim Jae-heun | 2021-07-17 09:21

Chairman Chung back in US to inspect mobility biz

Hyundai Motor Group Chairman Chung Euisun has left for the U.S. for the second time in a month to look into potential investment opportunities and sales strategies there as well to promote the company's future mobility business.

Kim Hyun-bin | 2021-07-16 15:53

Gov't, major firms to use EVs only by 2030

The government and major companies are switching to electric vehicles (EVs), in accordance with their management based on environmental, social and corporate governance (ESG) principles.

Kim Jae-heun | 2021-07-15 17:12

[Test Drive] Kia aims for success with new K9 sedan

Kia Corp. has come out with a facelift version of its flagship K9 luxury sedan featuring a sportier and “younger” image. The K9 is better known in Korea as “the chairman's car” as it is the go to model favored by Hyundai Motor Group Honorary Chairman Chung Mong-koo.

Kim Hyun-bin | 2021-07-14 14:40

Volkswagen aims for half of vehicles sales to be electric by 2030

A technical employee cleans the paint in the final inspection at the production line for the electric Volkswagen model ID.4, in Zwickau, Germany, Sept. 18. / Reuters-YonhapVolkswagen on Tuesday said battery electric vehicles were expected to account for half of global vehicle sales by 2030, as Europe's largest carmaker prepares to phase out combustion engine cars. The target ...

2021-07-13 20:50

'Auto chip shortage to continue next year'

Local car manufacturers such as Hyundai Motor and GM Korea are faced with unionized workers threatening to strike over wages. However, a report shows local car makers will continue to face chip shortages, which could hinder their profitability throughout next year.

Kim Hyun-bin | 2021-07-12 15:52

SsangYong workers go on unpaid leave in self-rescue effort

SsangYong Motor said Monday its employees began to take unpaid leave in rotation as part of self-help measures.

2021-07-12 14:17

SsangYong Motor to sell plant site

SsangYong Motor, a debt-ridden automaker, decided to sell the site of its plant in Pyeongtaek as part of self-rescue efforts, the local government said Saturday.

2021-07-10 17:48

Hyundai Motor forges partnership with Canadian hydrogen firm to develop water electrolysis system

Hyundai Motor Group has signed a partnership with Next Hydrogen, a Canada-based company specializing in producing hydrogen from renewable sources, to cooperate in the development of water electrolysis technology to produce green hydrogen more economically, the automaker said Friday.

Baek Byung-yeul | 2021-07-09 16:56

Renault Samsung's SM6 sedan offers best-in-class safety, comfort features to woo consumers

Renault Samsung is hoping that its SM6 sedan will woo customers in the mid-size passenger car market that is hotly contested by both domestic and foreign carmakers.

Baek Byung-yeul | 2021-07-09 15:59

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