Hyundai GF Holdings
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Automobiles
Hyundai launches marketing offensive in China with N brand
Hyundai Motor Co. will launch its high-performance vehicle brand Hyundai N in China in the second half of the year as part of its offensive on the r...
Apr 18, 2023 (Gmt+09:00)
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Korean stock market
POSTECH hits jackpot with stakes in POSCO companies on battery boom
Pohang University of Science and Technology (POSTECH), set up by South Korea’s steel giant POSCO Group in 1986 as a research university in the...
Apr 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops world’s first rollable vehicle display
Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...
Apr 17, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia surpass 100,000 global EV sales in Q1
Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...
Apr 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show
Hyundai Motor Co. and Kia Corp., both struggling in China, are aiming for a turnaround there by introducing over 30 new vehicles including those tai...
Apr 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia to provide official ceremonial vehicles for ADB Annual Meeting
Hyundai Motor Co. and Kia Corp. announced on Friday that they will support the official ceremonial vehicles for the Asian Development Bank (ADB) Ann...
Apr 14, 2023 (Gmt+09:00)
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E-commerce
Luxury fashion platform Balaan faces thinning coffers amid mounting loss
Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...
Apr 14, 2023 (Gmt+09:00)
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Retail
Shinsegae supports int'l expansion of S.Korea's promising fashion brands
South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...
Apr 14, 2023 (Gmt+09:00)
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Electric vehicles
Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales
South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...
Apr 13, 2023 (Gmt+09:00)
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Retail
Hyundai Dept. Store to open first Disney Store in Korea
South Korea's Hyundai Department Store Co. said on Thursday that it has acquired the operating rights of Disney Store, a retail brand of Walt Disney...
Apr 13, 2023 (Gmt+09:00)
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Automobiles
Hyundai launches second-generation Kona EV, 417km on a single charge
Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Electric.The Kona Electri...
Apr 13, 2023 (Gmt+09:00)
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Construction
Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem
Hyundai Engineering & Construction and Samsung C&T Corp.'s construction unit andannounced on Tuesday that they have signed a strategic bus...
Apr 11, 2023 (Gmt+09:00)
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Machinery
HD Hyundai Infracore targets Middle East and African markets with new brand Develon
HD Hyundai Infracore (formerly Hyundai Doosan Infracore Co.), a South Korean construction equipment maker, has ventured into the Middle East and Afr...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant
South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...
Apr 11, 2023 (Gmt+09:00)
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Business & Politics
KCCI, JCCI hold a working level meeting in six years
Business representatives from South Korea and Japan gathered for the first time in six years, with the Korea Chamber of Commerce and Industry (KCC...
Apr 11, 2023 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy Industries launches new frigate Chungnam
HD Hyundai Heavy Industries (formerly Hyundai Heavy Industries Co. ) held on Monday a launch ceremony for the new 3,600-ton-class frigate "Chung...
Apr 10, 2023 (Gmt+09:00)
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Central bank
BOK to hold rate on Tuesday as inflation, growth ease
South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...
Apr 10, 2023 (Gmt+09:00)
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Korean stock market
Super-rich Koreans eye return to stocks despite weaker economy
The super-rich in South Korea are eyeing stocks for investments despite a slowdown in Asia’s fourth-largest economy this year, expecting the l...
Apr 10, 2023 (Gmt+09:00)
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Leadership & Management
LG tops in market cap gain, beating Samsung, SK, Hyundai Motor
The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...
Apr 10, 2023 (Gmt+09:00)
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K-pop
HD Hyundai moves K-pop gala to Busan for World Expo bid
South Korea’s HD Hyundai Co. will move an annual K-pop concert to Busan this year to support the city’s bid to host the 2030 World Expo....
Apr 10, 2023 (Gmt+09:00)
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Electronics
HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs
HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...
Apr 07, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor wins Newsweek World’s Greatest Auto Disruptors Awards
Hyundai Motor Group announced on Wednesday that it won two categories at the "World's Greatest Auto Disruptors 2023" awards ceremony by Newsweek, a ...
Apr 05, 2023 (Gmt+09:00)
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Logistics
Falling freight rates set to boost LG, Hyundai’s earnings
The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...
Apr 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition
Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...
Apr 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Autoever, Avikus jointly develop self-sailing ship solution
South Korea’s Hyundai Autoever and Avicus, the self-navigation vessel affiliate of HD Hyundai, on Tuesday said they signed a development contr...
Apr 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s Chung urges US operations to double down after record Q1
Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...
Apr 04, 2023 (Gmt+09:00)
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Shareholder activism
KCGI’s ascent to intensify family feud over DB control; DB stocks rally
A sibling feud over management control of DB Group is expected to intensify following the ascent of South Korean activist fund Korea Corporate Gover...
Apr 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to emerge as Korea’s highest earner, beating Samsung
Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...
Apr 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem closes in on $190 million armored vehicle deal with Peru
Hyundai Rotem Co., a South Korean defense equipment maker, is closing in on a contract to export advanced armored vehicles to Peru – a deal th...
Apr 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Mipo wins $184 mn order four mid-sized PC carriers
Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...
Mar 31, 2023 (Gmt+09:00)
Latest News
- 1 Samsung, LG go in different directions for all solid batteries
- 2 Hanyang Securities stake draws bids without sale manager
- 3 Seoul prime office deals at 10-year low on rate uncertainty
- 4 LG Display cuts vendors’ stakes, axes jobs for turnaround
- 5 Samsung likely to ship HBM3 to Nvidia for Chinese market