Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Korea enters full election mode
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Immigrant woman stabbed to death by Korean husband
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Official campaigning kicks off for April 10 elections
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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Court upholds jail term for man who attempted to murder ex-girlfriend
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S. Korea to boost support for single-parent families
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Kia EV9 wins world car of year
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Yellow dust engulfs S. Korea, advisory alert issued
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Hyundai, Kia recall 91,000 US vehicles as precaution to fire risks
Hyundai Motor and Kia are recalling over 91,000 vehicles in the US due to fire risks tied to a possible defect in certain components that could overheat, according to the Korean automobile manufacturers on Friday. They advised owners to park their vehicles outdoors and away from structures until they are verified for safety or repaired. The affected vehicles include Hyundai's 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra and Kona models, and the 2023-2024 Seltos and 2023 Kia Soul and Spo
Aug. 4, 2023
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Hyundai, Kia to recall 91,000 vehicles in US due to fire risks
Hyundai Motor Co. and its smaller affiliate Kia Corp. said Friday they will recall more than 91,000 recently released vehicles in the United States due to fire risks. The South Korean carmakers have submitted their recall reports to the US National Highway Traffic Safety Administration. They advised customers to park affected vehicles "outside and away from structures" until the defective part is fixed. The electronic controller for the Idle Stop & Go oil pump assembly may contain
Aug. 4, 2023
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Hyundai, Kia recall 91,000 US vehicles over fire risks, urge owners to park outside
Hyundai Motor and its sister firm Kia said on Thursday they are recalling more than 91,000 newer vehicles in the United States because of fire risks and urged owners to park outside and away from structures pending repairs. The recall covers Hyundai 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra, and Kona vehicles and 2023-2024 Seltos and 2023 Kia Soul, Sportage vehicles. The Korean automakers said electronic controllers for the Idle Stop & Go oil pump assembly may contain damaged electr
Aug. 3, 2023
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Hyundai Motor invests $50m in Canadian AI chip startup Tenstorrent
Hyundai Motor Group said Thursday it has invested $50 million in Canadian artificial intelligence semiconductor startup Tenstorrent in a move to secure key technology for future mobility. Tenstorrent recently closed a $100 million strategic funding round, for which Hyundai and its smaller affiliate Kia shelled out $30 million and $20 million, respectively. Samsung Catalyst Fund, Samsung Electronics’ evergreen multi-stage venture capital fund, was also reported as one of the largest investo
Aug. 3, 2023
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[Photo News] World's first 3D taxiway navigation system
A pilot is testing a navigation system developed by Incheon Airport that provides real-time, three dimension information on ground traffic and runway routes of the airport, in June. Incheon Airport said Thursday it completed the development of the system, which is expected to help prevent aircraft entering the wrong runways and significantly reduce planes' ground travel time. The airport aims to operate the system in the airport starting 2024. (Incheon International Airport)
Aug. 3, 2023
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Government vows compensation for residents amid probe into faulty apartment construction
The government and the ruling People Power Party agreed Wednesday to push for granting prospective residents of poorly constructed apartments developed by the state-run Korea Land and Housing Corp. (LH) the right to cancel their contracts. During an emergency high-level policy coordination meeting, they also promised to provide sufficient compensation to current residents of LH apartments affected by construction deficiencies. A land ministry inspection has found that not enough reinforcing ro
Aug. 2, 2023
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[Photo News] Harley-Davidson US tour
Harley-Davidson Korea said Wednesday that a total of 40 riders and company staff completed its US tour held July 12-27, the first tour in four years since the COVID-19 outbreak. Riding on Harley-Davidson motorcycles, the participants crossed Route 66, one of the US' first highways, which connects eight states from Chicago to Los Angeles. (Harley-Davidson)
Aug. 2, 2023
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Hyundai Mobis supplies overhead bin-shaped glove compartment for Kia EV9
Hyundai Mobis, the car parts manufacturer affiliated with Hyundai Motor Group, said Wednesday it has supplied newly developed glove compartments inspired by airplane overhead bins to Kia’s three-row family electric car, the EV9. The parabolic motion glove compartment refers to its design that opens and closes following a parabolic trajectory similar to overhead airplane luggage compartments. Unlike typical glove compartments with covers or rotational pull handles, it gradually slides open
Aug. 2, 2023
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Complaints on flight ticket purchases double in H1: data
South Korea's fair trade regulator said Wednesday the number of consumer complaints regarding flight tickets more than doubled on-year in the first half of 2023 amid recovering demand for global travel. The number of such airline complaints filed to authorities reached 834 over the January-June period, rising sharply from the 305 cases tallied a year earlier, according to the data compiled by the Fair Trade Commission and the Korea Consumer Agency. The increase came in line with the rebound
Aug. 2, 2023
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SK On names industry veteran as first CCO
South Korean battery cell maker SK On, affiliated with the nation’s second-largest conglomerate SK Group, on Tuesday named Sung Min-suk an automotive veteran as its first chief commercial officer. Sung, the former CEO of Hanon Systems, a Korea-based automotive parts maker, will take the new role to handle client relations as part of the battery maker’s aggressive global expansion. In line with the new appointment, SK On has also restructured its marketing, purchasing and project mana
Aug. 1, 2023
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Kia to unveil new robot in 2024
Kia will debut a new robot next year in collaboration with Boston Dynamics, a US-based robotics company that was acquired by Kia’s parent Hyundai Motor Group in 2021, according to the South Korean automaker’s latest sustainability report published Tuesday. Although the report did not specify what type of robot it will be, the report noted that Kia will continue to search for new business opportunities such as robotics logistics and unstaffed delivery services by collaborating with th
Aug. 1, 2023
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HD Korea Shipbuilding to acquire STX Heavy Industries
HD Korea Shipbuilding & Offshore Engineering, the shipbuilding unit under HD Hyundai, said Tuesday it will acquire STX Heavy Industries, a Korea-based marine diesel engine manufacturer in a 81.3 billion won ($63.5 million) deal. The company said it signed a contract with the private equity firm Pinetree Partners to purchase its 6.52 million shares in the engine manufacturer and an additional 5.36 million newly issued shares. The shipbuilder will become the largest shareholder holding a 35 pe
Aug. 1, 2023
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[Photo News] Self-driving shuttle
42dot, a software mobility unit under Hyundai Motor Group, said Tuesday it has started an autonomous-driving shuttle service for Samsung Fire & Marine Insurance. The company's staff can hail the shuttle, equipped for eight people including a safety officer, via 42dot’s TAP! Mobile app. Twelve cameras and six radars analyze the road conditions to avoid any obstacles or pedestrians that lie ahead, the company said. (42dot)
Aug. 1, 2023
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Doosan secured W500b pre-orders for lightweight EV cables
Doosan Corp., the holding unit of Doosan Group, said Monday it had secured a total of 500 billion won ($390 million) in preorders since 2019 for its lightweight patterned flat cable — or PFC — from corporate clients around the world. The PFC is a next-generation cable system pioneered by Doosan that can replace traditional cable harnesses in electric devices by reducing the weight, volume and complexity significantly, especially for electric vehicles. The PFC combines multiple cables
July 31, 2023
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SK Nexilis, Toyota Tsusho to set up battery materials JV
SK Nexilis, an SKC subsidiary, said Monday it has partnered up with Japan-based Toyota Tsusho Corp. to set up a joint venture and produce copper foil for electric vehicle rechargeable batteries in North America. Under the joint investment, SK Nexilis will be in charge of copper foil production, while Toyota Tsusho Corp. plans to secure battery makers in North America. Copper foil is used as a key anode material for lithium-ion batteries. Details such as the size of the deal and the location wh
July 31, 2023
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[Photo News] Torres EVX ready for launch
KG Mobility, formerly known as SsangYong Motors, said Monday it will release the Torres EVX, an all-electric model of its bestselling midsized sport utility vehicle, in September. KG Mobility said it expects the driving distance per charge to be 420 kilometers or longer. The vehicle's price could begin as low as 48.5 million won ($38,100). Specifications will be finalized upon the official release. (KG Mobility)
July 31, 2023
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Intl. flight passengers recover to 64.8% of pre-pandemic level in H1: data
The number of international flight passengers recovered to nearly 65 percent of the pre-pandemic level in the first half of the year, government data showed Monday. A total of 29.5 million people boarded international flights between January and June, accounting for 64.8 percent of the 45.6 million tallied over the same period in 2019, before the COVID-19 pandemic, according to the data compiled by the Ministry of Land, Infrastructure and Transport. By destination, the number of travelers to the
July 31, 2023
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[Test Drive] Toyota Highlander Hybrid, a fuel-efficient family SUV
Amid the burgeoning demand in Korea for large-sized sport utility vehicles equipped for family trips, Toyota has launched its three-row SUV model Highlander Hybrid here for the first time. Based on the Toyota New Global Architecture-K platform, the Japanese carmaker touted the family car’s strong physical structure, blended with optimal suspension control which makes for an easy drive. “The power output of the electric motor and gasoline engine in the fourth generation model of the T
July 31, 2023
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[Test Drive] New Trailblazer rides off-road with confidence
The Chevrolet Trailblazer has come back as a compact sports utility vehicle that suits both an urban lifestyle and off-road driving. As the vehicle nearly went through an overall facelift, the first impression that stood out was the sharp design of the front at the media test-drive held by General Motors in Seoul on July 26. The chrome bars running across the top and bottom of the radiator grille and the thin LED headlamps gave a solid, aggressive impression. With a length of 4,425 millimeters,
July 30, 2023
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Hyundai, Kia's US market share stays above 10% in H1: data
The combined US market share of Hyundai Motor Co. and its smaller affiliate Kia Corp. inched up in the first half of the year from a year earlier, managing to stay above the 10 percent range amid the recovery in demand and output, data showed Sunday. Their combined share came to 10.6 percent in the January-June period, up 0.3 percentage point from the previous year, according to the data by the US-based Automotive News outlet. Hyundai and Kia saw their combined market share rise to double digits
July 30, 2023