car logistics
Scope
Date
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Automobiles
Hyundai Motor, Kia post record US sales in 2023, to rank 4th in US
South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...
Jan 04, 2024 (Gmt+09:00)
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Future mobility
Samsung, Hyundai Motor in joint push for connected cars
Samsung Electronics Co. will connect its smart home devices with the in-vehicle infotainment systems of Hyundai and Kia cars, including electric veh...
Jan 04, 2024 (Gmt+09:00)
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Automobiles
IONIQ 5 named Car of the Year 2023 in Singapore
Hyundai Motor Co.'s electric sport utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s la...
Jan 02, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card Kazakhstan arm attracts $24 mn investment
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a 31 billion won ($24 million) investment from local car de...
Dec 28, 2023 (Gmt+09:00)
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IPOs
Korea's leading used-car platform Encar drops IPO plan
Encarsales.com Ltd., a South Korean used-car trading platform, will withdraw its initial public offering plan as early as this week due to deteriora...
Dec 27, 2023 (Gmt+09:00)
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Real estate
ESR KendallSquare REIT leads Korean logistics sector
ESR KendallSquare REIT, overseeing 18 advanced logistics centers across South Korea, adeptly handled challenges in the real estate sector this year....
Dec 25, 2023 (Gmt+09:00)
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Automobiles
Hyundai Exter, IONIQ 5 win India’s influential car awards
Hyundai Motor Co. has won major auto industry prizes in India that are expected to help the leading South Korean automaker expand its presence in th...
Dec 24, 2023 (Gmt+09:00)
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Automobiles
Grandeur regains Korean sedan crown after two-year hiatus
Hyundai Motor Co.'s Grandeur mid-to-large-sized sedan is poised to reclaim its crown as the best-selling Korean car in the domestic passenger car se...
Dec 22, 2023 (Gmt+09:00)
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Korean innovators at CES 2024
Hyundai Motor’s themes at CES 2024: Hydrogen, software
South Korea’s top automaker Hyundai Motor Co. is set to present its blueprint for a hydrogen energy ecosystem and software under the theme of ...
Dec 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai to sell Russian car plants at about $100 for exit
Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...
Dec 19, 2023 (Gmt+09:00)
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Automobiles
Elantra, Tucson selected among safest cars by IIHS
Hyundai Motor Co.'s passenger car Avante (name in the US: Elantra) and compact sport utility vehicle (SUV) Tucson earned the Top Safety Pick Plus ...
Dec 19, 2023 (Gmt+09:00)
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Automobiles
SUVs: Name of the game in 2023 South Korean auto market
Back in the 1970s, when simply having a car was a status symbol in South Korea, a four-door passenger sedan was the car of choice. And Hyundai Motor...
Dec 18, 2023 (Gmt+09:00)
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Korean games
NCSOFT, Obigo to jointly develop car AI services
South Korea's major game developer and publisher NCSOFT Corp. announced on Monday that it signed a memorandum of understanding (MOU) with the domest...
Dec 18, 2023 (Gmt+09:00)
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Batteries
Hyundai-invested SES to provide Li-Metal battery B samples, eyes UAM
SES AI Corp., a high-performance battery maker backed by several global automakers such as GM and Hyundai Motor Co., has moved one step closer to co...
Dec 13, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia’s car exports to top 2 mn units for 1st time in 7 years
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, are set to export more than 2 million cars in 2023 for the first time i...
Dec 11, 2023 (Gmt+09:00)
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Automobiles
New 2024 E-Class soon to arrive in Korea, land of Mercedes-Benz
As with the launch of every new E-Class, the flagship model of luxury German car brand Mercedes-Benz, the phrase “evolution, not revolution&rd...
Dec 08, 2023 (Gmt+09:00)
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Automobiles
Hyundai Movex to supply smart logistics for Hankook Tire US plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, secured a $82 million contract to equip Hank...
Dec 08, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics eyes top spot in cobot market after Oct IPO
SUWON – South Korea’s Doosan Robotics Inc. is aiming for the top spot in the collaborative robot market excluding China, zooming in on t...
Dec 08, 2023 (Gmt+09:00)
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Automobiles
Kia EV9 selected safest car in Europe
Kia EV9, the flagship large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., received five stars in the Eu...
Dec 07, 2023 (Gmt+09:00)
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Electric vehicles
POSCO International wins green car parts orders from US, Europe
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is accelerating i...
Dec 06, 2023 (Gmt+09:00)
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Automobiles
IONIQ 5, Sportage named safest cars by IIHS
Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Sportage earned a Top S...
Dec 04, 2023 (Gmt+09:00)
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Supply chain
China’s urea halts raise specter of another logistics crisis in Korea
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...
Dec 04, 2023 (Gmt+09:00)
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Real estate
AEW, Pebblestone buy Korean logistics center for $238 mn
Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...
Dec 01, 2023 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 5 N named 2023 Car of the Year by TopGear
South Korea's Hyundai Motor Group announced on Thursday that Hyundai Motor Co.'s IONIQ 5 N electric vehicle has been named Car of the Year and Kia C...
Nov 30, 2023 (Gmt+09:00)
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Logistics
Hanjin to strengthen logistics for K-fashion brands
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Tuesday that it plans to strengthen Swoop, a logistics service o...
Nov 28, 2023 (Gmt+09:00)
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Automobiles
Car sales may sputter in 2024 amid EV policy risk: Research
The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...
Nov 27, 2023 (Gmt+09:00)
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IPOs
CJ Logistics’ Indian operation Darcl taps IPO with SEBI
CJ Darcl Logistics, CJ Logistics Corp.'s Indian operation, is seeking to go public in the South Asian country to expand its footprint in the world&r...
Nov 23, 2023 (Gmt+09:00)
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Batteries
Hyundai to build EV battery pack plant in India by 2025
South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...
Nov 22, 2023 (Gmt+09:00)
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Automobiles
Hyundai ushers in future of car manufacturing in Singapore
SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...
Nov 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai to be first automaker to sell cars on Amazon
Hyundai Motor Co., South Korea’s top automaker, will be the first carmaker to sell cars on Amazon in the US while providing drivers with the g...
Nov 17, 2023 (Gmt+09:00)
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