Hyundai Motor steps up autonomous driving push as Chairman Chung backs software unit 42dot

South Korea’s Hyundai Motor Co. is accelerating its push into autonomous driving, with Executive Chairman Chung Euisun pledging stronger suppo...

S.Korea’s $4.7 bn next-generation destroyer project set as 2-way race between Hanwha Ocean, HD Hyundai

South Korea has decided to select the builder of its advanced next-generation destroyers through a competitive bidding process, ending two years of ...

Kakao Mobility’s 40% stake up for sale again; Hyundai, Delivery Hero tapped as buyers

A 40% stake in Kakao Mobility Corp., South Korea’s most popular taxi-hailing app operator, is up for sale again, with Hyundai Motor Group and ...

Hyundai taps Porsche, BMW-bred Manfred Harrer as R&D chief in sweeping leadership shake-up

South Korea’s top automaker Hyundai Motor Group is replacing the heads of both hardware and software development in its boldest executive resh...

Hyundai Rotem nears $2 bn armored vehicle supply deal with Peru

Hyundai Rotem Co. has signed a tentative agreement with Peru's national defense company to supply a total of 195 armored vehicles, South Korea's pre...

HD Hyundai seeks to build India shipyard to diversify production footprint

HD Hyundai Co. is seeking to build a new shipyard in India’s Tamil Nadu state as South Korea’s largest shipbuilding group moves to diver...

Lotte Chemical, HD Hyundai agree to inject $545 mn into Daesan JV to facilitate restructuring

Lotte Chemical Corp., the country’s largest petrochemical maker, and HD Hyundai Co. are set to inject a combined 800 billion won ($545 million...

Hyundai-Kia’s US market share climbs to record 10.9% in October

Hyundai Motor Co. and Kia Corp., under South Korea’s auto behemoth Hyundai Motor Group, are rapidly rewriting their place in the US auto marke...

Korea’s energy minister whips laggards to follow suit as Lotte, HD Hyundai shrink naphtha capacity

South Korea’s long-delayed overhaul of its petrochemical industry is gaining momentum after Lotte Chemical Corp., the country’s largest ...

IMM to sell Hyundai LNG Shipping to Sinar Mas, pending government approval

A consortium of IMM Private Equity and IMM Investment Corp. is set to sell Hyundai LNG Shipping Co., South Korea’s largest liquefied natural g...

Lotte Chemical, HD Hyundai Chemical agree to merge naphtha facilities amid industry overhaul

South Korea has launched its most sweeping petrochemicals restructuring in decades after Lotte Chemical Corp., the country’s largest petrochem...

Hyundai’s luxury brand Genesis to launch high-performance Magma variants in all trims

LE CASTELLET, France – Genesis, Hyundai Motor Group’s luxury marque, has spent the past decade proving it belongs in the global premium ...

Hyundai, Samsung, SK, LG vow massive domestic investment

South Korea’s top four conglomerates — Samsung, Hyundai Motor, SK and LG — are cranking up domestic investment as Asia’s No....

Hyundai Motor Group to build $2.7 bn EV mother factory in S.Korea

Hyundai Motor Group, the world’s third-largest automaker with 7.23 million vehicles sold last year, will invest 4 trillion won ($2.7 billion) ...

Kospi’s record run draws foreign bulls back to Seoul

Foreign investment banks that once kept Korean equities at arm’s length are now scrambling to catch up as South Korea’s benchmark Kospi ...

Flattery, gifts and a fresh pact: Nvidia, Samsung, Hyundai tighten AI ties

It began with a toast of beer and fried chicken at a modest Seoul eatery, followed by a flurry of compliments and gift exchanges, and ended with a g...

Hyundai Motor's Chung, Saudi Arabia’s crown prince discuss cooperation beyond autos

Hyundai Motor Group, South Korea’s largest automaker, is setting its sights on next-generation energy ventures in Saudi Arabia, expanding its ...

HD Hyundai, Huntington sign deal to jointly build US Navy ships under extended MASGA initiative

HD Hyundai Co., South Korea’s leading shipbuilding conglomerate, has signed an agreement with Huntington Ingalls Industries (HII), the largest...

Nvidia’s Huang to join Samsung, SK, Hyundai chiefs for government-led AI talks

Nvidia Corp. Chief Executive Officer Jensen Huang is set to meet with South Korean government officials and the heads of Samsung Electronics Co., SK...

Hyundai, Kia take fresh crack at Japan market, long dubbed ‘graveyard for imported vehicles’

South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., are making a bold push into the Japanese market, long dubbed a “g...

Hyundai Motor beats Toyota to reach 33rd on Time’s World’s Best Companies 2025 list

Hyundai Motor Co. has been named South Korea’s top-performing company in Time magazine’s annual ranking of the World’s Best Compan...

Third-generation heir Chung Kisun appointed chairman of HD Hyundai

Chung Kisun, vice chairman of HD Hyundai Group, was appointed its chairman on Friday, marking a generational shift at the family-run South Korean sh...

South Korea’s top business leaders likely to meet US President Trump at Mar-a-Lago

The leaders of South Korea’s top four conglomerates are expected to meet US President Donald Trump at his Mar-a-Lago estate in Florida this we...

US data analytics giant Palantir CEO meets with Korean tech chiefs behind curtain

Alex Karp, chief executive of US data analytics giant Palantir Technologies Inc. on Tuesday held a string of tightly guarded meetings with the chief...

CATL chief to meet Hyundai Motor head, CEOs of Korean rivals, battery materials firms

Robin Zeng, founder and chairman of Chinese battery manufacturer Contemporary Amperex Technology Co. (CATL), is expected to discuss partnership with...

Hyundai cuts IONIQ 5 prices in US to deal with end of EV tax subsidy

Hyundai Motor Co., South Korea’s top automaker, on Wednesday lowered the prices of the IONIQ 5 lineup in the US to as automakers in the world&...

Hyundai, Kia set record US sales in Q3 as green cars defy tariff threat

Hyundai Motor Co. and Kia Corp. posted record quarterly sales in the US in the third quarter, thanks to strong demand for hybrids, electric vehicles...

Hyundai Motor to double new hybrid models, hike investment to achieve 9% margin

Hyundai Motor Co. aims to more than double its hybrid vehicle lineup by the end of the decade, as the top South Korean automaker bets on a mix of ec...

Hanwha sets Busan, Philadelphia as twin hubs for MASGA US shipbuilding, MRO projects

South Korea’s big three shipbuilders on Monday outlined their plans to play a central role in the Korea-proposed “Make American Shipyard...

Korea’s defense firms aim for global top 4 with ‘Made in Europe by Korea’ strategy

South Korea’s defense companies are accelerating efforts to build weapons in Europe as they look to cement their place among the world’s...