search close
Reporter : Kim Hyun-bin
Sat, March 25, 2023 | 20:55
Volvo launches S60, V60 in Korea
Volvo Car Korea unveiled the new S60 and V60 Cross-Country for the first time in Korea at the Westin Josun Seoul hotel, Tuesday. The S60 is a flagship model designed based on the Scalable Product Architecture (SPA) platform, and is a key vehicle targeting the mid-size premium segment along with the global best-selling XC60, according to the company.
Mercedes-Benz aims to create safe environment for children
Mercedes-Benz has been working since 2014 to create a safe transportation environment for children. Its Social Contribution Committee established MobileKids, a traffic safety education program for children, which was developed in 2001 by the German headquarters and has been participated in by more than 2 million children from 13 countries around the world.
Lamborghini launches Urus Performante in Korea
Lamborghini officially launched its super SUV Urus Performante in Korea aiming to raise the bar to new heights for super SUVs in the country. The launch of the Urus Performante in Korea comes just over a month after its world premiere on Aug. 19. The launch ceremony was held at the Some Gavit ― a cultural complex and architectural landmark on the Han River ― in Seoul, Friday.
Korea attracts $1.15 bil. investment from US
A total of seven U.S. companies in the semiconductor and secondary battery industries have pledged to invest a combined $1.15 billion in Korea to build plants, R&D centers and other facilities, the Ministry of Industry and Trade and Energy said, Friday.
Survival strategies key amid US-China conflict: SK chairman
Korean companies should make every effort to find ways to survive in the increasingly uncertain global business environment as the U.S.-China rivalry intensifies, according to SK Group Chairman Chey Tae-won. Chey also told reporters in Washington D.C., Tuesday (local time), that he maintains a cautious stance on the Inflation Reduction Act (IRA) and the Chips Act recently pas...
Korea-Europe biz cooperation
Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik, right, speaks with Cristian Busoi, chair of the European Parliament's Committee on Industry, Research and Energy (ITRE), emphasizing the importance of enhancing relations between Korean and European companies at Josun Hotel in Seoul, Thursday. / Courtesy of KEF
LX owner family speeds up management succession
Koo Hyung-mo, the eldest son of LX Holdings Chairman Koo Bon-joon and head of the management planning division, has significantly expanded his presence at the firm over the past year, according to industry officials Wednesday. At the end of last year, he received 11 percent of the chairman's company stocks, and was quickly promoted. The officials believe the management succes...
German cars top recalls among imports
Among imported vehicles to Korea, leading German automakers BMW, Mercedes-Benz and Volkswagen had the highest number of recalls in the past five years, according to a report released Wednesday. Park Sang-hyuk, a lawmaker and a member of the National Assembly's National Transportation Committee, said BMW had the most recalls among imported cars in the last five years, citing d...
Hyundai Motor Group receives PACE award for 1st time
Hyundai Motor Group has been awarded the 2022 Automotive News “PACE Award” in the U.S., recognized for its successful development and mass production of a central communication unit (CCU), according to the company, Wednesday. This year marks the first time Korea's leading carmaker has received the PACE Award.
LG Innotek to take part in KPCA show 2022
LG Innotek announced that it will participate in the International Electronic Circuits & Packaging Show 2022 held at Songdo Convensia in Incheon from Sept. 21 to 23 and introduce new substrate materials, according to the company, Tuesday. At the exhibition organized by the Korea Electronics Packaging and Circuits Association (KPCA), LG Innotek will unveil three innovative sub...