European car market

BERLIN – LG Electronics Inc., the world's largest home appliances maker, will adjust its premium-oriented strategy to expand its mass market p...

South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...

South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...

No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...

Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...

The Seoul Metropolitan Government on Thursday held a groundbreaking ceremony for gondola facilities that will shuttle passengers from the base of Mt...

German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...

South Korea's largest telecom company SK Telecom Co. will enhance its conversational search services through a partnership with US AI search startup...

TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...

Samyang Corp., a 100-year-old South Korean chemical and food ingredient-manufacturer, is poised to cement its leadership in the Korean allulose mark...

South Korea's Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, said on Wednesday that it ranked first for the first time in the...

South Korean startups and established corporations are seeking to deepen their partnerships to ensure win-win outcomes, by tapping into funds and ot...

South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...

Shinsegae International, the cosmetics and fashion division of South Korea's Shinsegae Group, entered Japan's ultra-luxury beauty market by promot...

KCGI, a South Korean private equity firm, has been struggling to raise funds for its 244.9-billion-won ($183 million) purchase of a controlling stak...

Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., will fly to Seoul in late October to meet with Hyundai Motor Group Chairman...

Hyundai Motor Co. has unseated construction truck leader Volvo in South Korea for the first time, driven by its flagship Xcient Pro model that sent ...

South Korea's SK Networks Co. completed a split-off of its automotive maintenance division, which has now launched as a new company named SK Speed...

The foreign users of Naver Map, the map service of South Korea's online platform giant Naver Corp., have a 30% increase from last year.  Naver...

With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generati...

The Korean Ministry of SMEs and Startups said on Friday that the "2024 Korea Shopping Festa with Lotte" export consultation event, held in collabo...

South Korea’s leading soju maker HiteJinro Co. said on Friday that it's boosting soju marketing in the UK. From August 16 to 25, HiteJinr...

The car rental business resembles financial services. Buying cars with borrowed money, renting them out and eventually selling them to used car de...

Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in...

Lotte Mart and Lotte Super will launch stores within the outlets of NTUC FairPrice, Singapore’s largest supermarket chain, to sell food produc...

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or ...

One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by offering tailored s...

LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

South Korean Husteel Co.'s long-term investments in Saudi Steel Pipe Co. are paying off as its share price surges on the back of deals with the king...