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Reporter : Kim Hyun-bin
Sat, June 3, 2023 | 06:03
Han Sung Motor runs Dream Gream program to foster young artists
Han Sung Motor has been operating Dream Gream, an art scholarship program for middle and high school students, with the Korea Mecenat Association since 2012. It is the first corporate social responsibility (CSR) program among imported car dealership companies.
Korean Air goes all out to get approval for Asiana takeover
Korean Air is putting all-out efforts into completing its takeover of Asiana Airlines by mobilizing and investing heavily to persuade competition authorities in major countries, according to the company, Monday. Competition authorities in each country are making various demands due to monopoly concerns. In order to dispel such concerns in each country, Korean Air is continuin...
'US should ease subsidy requirements for semiconductors and EVs'
The U.S. should ease subsidy requirements for semiconductors and electric vehicles (EV) in order to increase mutual benefits between Korea and the U.S., a think tank has suggested ahead of President Yoon Suk Yeol's state visit to Washington at the end of April. The Korea Economic Research Institute (KERI) under the Federation of Korean Industries (FKI) outlined the “Top 10 Is...
Hyundai, Kia lead software development alliance to accelerate SDV conversion
Hyundai Motor and Kia will form a software development alliance with companies offering the best technology in the industry to accelerate Software Defined Vehicle (SDV) conversion, according to the company, Friday. The companies signed a multilateral memorandum of understanding (MOU) with 17 companies, including Hyundai Motor Group affiliates and software companies, Thursday,...
Businesses concerned about first court ruling on violation of new industrial accidents law
Business lobby groups expressed concerns, Thursday, over the first court ruling on a violation of the Serious Accidents Punishment Act, according to industry officials Thursday. A court in Goyang, Gyeonggi Province sentenced the CEO of Onyou Partners to one year and six months in prison, suspended for three years. The court also imposed fines of 30 million won ($22,750) on th...
Hyundai Motor's IONIQ 6 wins World Car of the Year
Hyundai Motor's IONIQ 6 won the prestigious World Car of the Year, World Electric Vehicle and World Car Design of the Year. The World Car Awards revealed the results at a ceremony held at the New York International Auto Show (NYIAS) Thursday. A jury of 100 automotive journalists from 32 countries chose the IONIQ 6 from the top three finalists, all launched in 2022.
LG supports Busan's bid to host World Expo 2030
LG is doing all it can to support Busan's bid to host the World Expo 2030 at a time the Bureau International des Expositions' (BIE) visit to Korea will continue through to Friday from last Sunday. LG is presenting ads promoting Busan's intention to host the World Expo 2030 through its digital sign projector at Incheon International Airport, large electronic signs in Seoul Sta...
LG's top executives active in attracting Expo to Busan
LG discussed ways to support Busan's potential hosting of World Expo 2030 at a workshop of presidents held last September. After the workshop LG's top executives decided to actively conduct promotional activities at home and abroad, noting that the Expo in Busan would be a nationally important and meaningful event.
Hyundai Motor chief inspects latest technologies at Seoul Mobility Show
Hyundai Motor Group Executive Chair Chung Euisun visited the 2023 Seoul Mobility Show to see the latest in robotics and other recent technologies driving the automotive industry, Tuesday. At the Tesla booth, he looked at the robotic humanoid Tesla Bot and asked Hyundai Motor executives if it was functional. A Hyundai Motor executive explained, "There are still limits to dynam...
Maserati launches MC20 Cielo Limited Edition in Korea
Maserati, an Italian high-performance luxury vehicle manufacturer, launched its convertible super sports car MC20 Cielo at the FMK Maserati showroom in Seoul, Tuesday. To commemorate the domestic release of the MC20 Cielo, FMK Maserati CEO Kim Gwang-chul and Maserati Asia-Pacific Representative Director Kimura Takayuki unveiled the limited edition super convertible model MC20...
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