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Reporter : Kim Hyun-bin
Sat, June 3, 2023 | 01:25
Hyundai Motor's Pony Coupe restored in Italy after 50 years
Hyundai Motor recreated the Pony Coupe concept car almost 50 years after its original debut. The concept car, initially unveiled at the 1974 Turin Motor Show, holds significant importance in Hyundai Motor's history and design legacy.
Mercedes-Benz continues to lead premium EV market
Mercedes-Benz Group AG initiated its transition from an "Electric first" strategy to an "Electric only" strategy in July 2021, emphasizing its commitment to continue leading in electric mobility and vehicle software while carrying on the founder's legacy. Mercedes-Benz's electrification is based on its "Ambition 2039" vision, which outlines a concrete and clear path for achie...
FKI vows drastic reform to invite more member firms
The Federation of Korean Industries (FKI) will take drastic reform measures to attract more member companies, including affiliates of Samsung, SK, Hyundai Motor and LG, by transforming into a think tank-type economic organization, equipped with new roles, functions and governance, its interim head said Thursday.
KCCI chief promotes Busan's Expo bid
Korea Chamber of Commerce & Industry (KCCI) Chairman Chey Tae-won, front left, meets KCCI Global Supporters group members during an unscheduled event to promote Busan's bid to host the World Expo 2030, at a traditional market in Seoul, Wednesday. Courtesy of KCCI
Korea Post to begin presale of BTS stamps
Korea Post will conduct online presale services for their BTS commemorative stamps through the Korea Post website and the mobile app, from 7:00 p.m. on May 22 to 12:00 a.m. on May 25.
Ukraine looks to Korean firms for post-war reconstruction
The deputy prime minister of Ukraine called on Korean firms to participate in the war-torn country's post-war reconstruction projects, which are estimated to reach up to $893.2 billion over a 10-year period. At the "Korea-Ukraine Partnership for the Future” meeting organized jointly by the Korea Chamber of Commerce & Industry (KCCI) and the Embassy of Ukraine in Korea, Ukrain...
KT Submarine sees profitability improve this year
KT Submarine (KTS) saw its first-quarter operating profit reach 1.5 billion won ($1.12 million), marking a turnaround from a 1.9 billion won operating loss the previous quarter, the company said Tuesday.
Samsung Electronics to open flagship store in Gangnam to rival Apple
Samsung Electronics is preparing to open a flagship store near Gangnam Station in southern Seoul, in response to Apple's fifth domestic Apple Store, Apple Gangnam. The Samsung store, named Samsung Gangnam, is expected to open by the end of June.
Hyundai Motor posts solid growth in India
Hyundai Motor Group is expanding its presence in the Indian market, which has evolved into the world's third-largest car market after the U.S. and China. According to the Society of Indian Automobile Manufacturers (SIAM) Monday, the combined sales of Hyundai Motor and Kia Corp. in India from January to April reached 295,359 vehicles, approaching the 300,000 mark and up 15.5 p...
Samsung chief meets Elon Musk for partnership in autonomous driving, system chips
Samsung Electronics Executive Chairman Lee Jae-yong met with Tesla CEO Elon Musk at Samsung Semiconductor U.S. R&D Labs in Silicon Valley, Thursday to discuss cooperation in the future advanced industrial field including autonomous driving semiconductor production, the company said Sunday. This was the first private meeting between the two.
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