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(Urgent) Hyundai Mobis cancels next week‘s general meeting

Hyundai Mobis, the auto parts making arm of Hyundai Group at the center of the group’s restructuring plan, has canceled its upcoming general meeting, the company said Monday. Hyundai Mobis’ board of...

May 21, 2018
Automode
Renault Clio forays into local compact car market

Renault Samsung Motors, the local unit of French carmaker Renault S.A., has launched the Clio hatchback with an aim to start a new boom in the local compact car market, the company said Sunday. Clio...

May 20, 2018
Automode
Hyundai Motor heir in NY in last ditch effort to win votes

The crown prince of Hyundai Motor Group, the nation’s second-largest conglomerate, is in New York in an apparent move to convince foreign shareholders over the group’s corporate governance reform see...

May 18, 2018
Automode
Posco wins two awards at 2018 Global Metals Awards

Posco, South Korea’s No.1 steelmaker, took home two awards at this year’s S&P Global Platts Metals Awards for the first time among local steel companies, the company said Friday. Posco was named the...

May 18, 2018
Automode
[Hyundai Reform] Breaking down logic behind Hyundai’s reform plan

What with boisterous opposition from activist hedge fund Elliott, Hyundai Motor Group’s corporate restructuring scheme is dominating the attention of investors and business insiders. The accusation ...

May 17, 2018
Automode
Hyundai Mobis eyes self-driving car sensors by 2020

Mobis considers M&As, technical cooperation with global firms for LiDAR, camera sensors

May 17, 2018
Automode
Kumho Tire seeks fresh start with new product

Ending controversies in the course of its acquisition by a Chinese company, South Korean tiremaker Kumho Tire on Wednesday launched a new product for the first time in eight years. The nation’s seco...

May 16, 2018
Automode
[Hyundai Reform] Hyundai Motor reform a test for NPS

State fund faces critical choice on automaker’s spinoff plan; Hyundai refutes some proxy advisers’ opposition as misunderstanding market regulations

May 16, 2018
Automode
GM Korea to give away 100 Chevy Sparks to recover sales

GM Korea will give away 100 units of the Chevrolet Spark compact car to 100 winners of a promotional event until August in efforts to put the company back on track, the company said Tuesday. The fi...

May 15, 2018
Automode
[Monitor] Crucial week ahead for Hyundai

It is a crucial week ahead for Hyundai Motor Group seeking to streamline its complex corporate shareholding structure through a spin-off and merger deal that is subject to a vote at May 29 meeting of...

May 14, 2018
Automode
Police probe whether Autopilot feature was on in Tesla crash

Police are investigating whether a Tesla sedan's semi-autonomous Autopilot feature was engaged when it rear-ended a fire department truck in Utah. The Tesla Model S crashed into the truck at 60 mph ...

May 14, 2018
Automode
GM Korea’s news conference canceled by protest from non-regular workers

BUPYEONG, Incheon -- GM Korea was forced to cancel a press conference on Monday after a group of 12 non-regular workers unexpectedly forced themselves into the conference room through the back door d...

May 14, 2018
Automode
Battle begins between Hyundai, Elliott over governance revamp plan

Hyundai says Elliott‘s demand of adopting holding company structure ‘unacceptable’

May 11, 2018
Automode
BMW opens dealer‘s largest cultural complex in Songdo

German carmaker BMW said Thursday that it had opened a large-scale cultural complex on a 13,200-square-meter site in Songdo International City in Incheon, South Korea. The cultural complex was buil...

May 10, 2018
Automode
Hyundai Mobis hires ex-Continental engineer to bolster infotainment, connectivity

Hyundai Mobis hires ex-Continental engineer to bolster infotainment, connectivity By Cho Chung-un South Korean auto component maker Hyundai Mobis has hired a former executive of Continental AG to s...

May 10, 2018
Automode

The Korea Herald by Herald Corporation

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