deloitte car consumer survey 2023

Hyundai Motor Group Chairman Chung Euisun has discussed cooperation on hydrogen-fueled cars and electric vehicles (EVs) with the Indonesian economy ...

HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...

South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...

Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...

Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...

South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...

Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...

In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...

Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...

Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...

Hyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery plant in the US state o...

CJ Olive Young Corp., South Korea’s top beauty store chain, announced on Thursday that it will open Olive Young Hongdae Town, a specialty stor...

LG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 evaluation.The evalua...

South Korea's Aekyung Industrial Co. announced on Tuesday that it signed a Memorandum of Understanding (MOU) with Silicon2, a global K-beauty distri...

German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...

Global luxury brands Louis Vuitton, Chanel and Dior saw worsening profitability of their South Korean operations last year after a few years of dece...

Fast food giant McDonald’s Corp. achieved record revenue of 1.29 trillion won ($815.9 million) last year in Korea, according to its regulatory...

Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...

South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...

Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and launched its pilot o...

Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...

Fried chicken and hamburger franchises in South Korea have sharply bumped up their food prices following the parliamentary elections last week as th...

Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...

South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...

The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...

South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...

Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...