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Biz & Tech

Auto

Sat, September 19, 2020 | 20:51

Concern grows for GM, Renault Samsung, SsangYong as tax benefits shrink

Concern grows for GM, Renault Samsung, SsangYong as tax benefits shrink

GM Korea, Renault Samsung and SsangYong Motor are expected to see their sales contract further in the second half, as tax benefits for domestic consumers are removed, and the companies are not releasing any new vehicles.

Nam Hyun-woo | 2020-09-18 17:10

Kia to halt 2 domestic plants until weekend on COVID-19 cases

Kia to halt 2 domestic plants until weekend on COVID-19 cases

Kia Motors Corp., South Korea's No. 2 carmaker, said Friday it will suspend two plants near Seoul until this weekend following the confirmation of COVID-19 cases there days earlier.

2020-09-18 17:02

LG Uplus to release self-driving 5G robot next year

LG Uplus to release self-driving 5G robot next year

LG Uplus Corp., a major South Korean mobile carrier, said Friday it plans to roll out its 5G-powered autonomous robot next year. The robot - which is being developed in partnership with autonomous mobility firm Unmanned Solution - has recently demonstrated its abilities at local refiner Hyundai Oilbank Co.'s facility in Seosan, 150 kilometers south of Seoul, LG Uplus said.

2020-09-18 15:13

Hyundai Motor exports 1st hydrogen fuel cell system

Hyundai Motor exports 1st hydrogen fuel cell system

Hyundai Motor has begun exporting its in-house hydrogen fuel cell system to Switzerland's GRZ Technologies for non-automotive use, the country's trade ministry said Wednesday.

Kim Yoo-chul | 2020-09-16 17:19

SKT, Xbox launch 5GX Cloud Game

SKT, Xbox launch 5GX Cloud Game

SK Telecom launched the 5GX Cloud Game with Microsoft, Wednesday, which allows users to enjoy around 100 of the latest and most popular games on the Xbox Game Pass catalog for 16,700 won a month.

Kim Hyun-bin | 2020-09-16 16:28

Hyundai Tucson returns with futuristic touches

Hyundai Tucson returns with futuristic touches

Hyundai Motor on Tuesday premiered the fourth-generation Tucson SUV, which went through a drastic makeover with futuristic touches in its looks and features.

Nam Hyun-woo | 2020-09-15 17:16

SsangYong to sign binding agreement with US firm

SsangYong to sign binding agreement with US firm

Months after Mahindra & Mahindra Managing Director Pawan Goenka confirmed his company's plan to give up control of its struggling Korean unit SsangYong Motor, the latter is very close to signing a binding investment agreement with U.S.-based vehicle distributor HAAH Automotive Holdings, sources said Monday.

Kim Yoo-chul | 2020-09-14 17:15

GM replaces PR chief in Korea

GM replaces PR chief in Korea

GM Korea Friday named GM International Operations Director Yoon Myong-ok as chief public relations officer, replacing GM Korea Vice President Hwang Ji-na.

Nam Hyun-woo | 2020-09-11 16:16

Korean tiremakers suffer serious downturn

Korean tiremakers suffer serious downturn

Hankook, Kumho and Nexen Tires are on the verge of collapse as their combined sales in the first half declined by more than 1 trillion won ($842 million) from a year earlier due to the protracted slowdown in the global automotive industry amid COVID-19.

Nam Hyun-woo | 2020-09-09 17:03

Labor dispute amplifies uncertainties for domestic carmakers

Labor dispute amplifies uncertainties for domestic carmakers

Domestic carmakers are weighed down by growing uncertainties as unions stage standoffs with management in wage negotiations.

Nam Hyun-woo | 2020-09-07 17:03

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