SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Motor Company announced on October 17 the launch of The New Casper, an improved version of its compact SUV, three years after the model’s debut in 2021. The New Casper represents Hyundai’s effort to refine its entry in the increasingly competitive mini-SUV market. The updated model features design enhancements [...]
SEOUL, Oct. 18 (Korea Bizwire) – Rolls-Royce Motor Cars introduced the latest iteration of its luxury sport utility vehicle, the Cullinan Series II, to the South Korean market on October 17. The British automaker showcased two bespoke models of the Cullinan at a launch event held at a resort in Incheon. This marks a significant update [...]
UIJONGBU, Oct. 17 (Korea Bizwire) – In a bid to support small business owners grappling with high commissions and delivery fees, Gyeonggi Province is taking steps to stimulate the market for private delivery apps that charge commission rates of 2% or less. The provincial government announced on October 16 that it would be accepting applications from [...]
SEOUL, Oct. 17 (Korea Bizwire) — Hyundai Motor Co. said Thursday it has released a revamped version of the company’s entry-level mini SUV, Casper. The new Casper builds on the iconic design of the previous model, enhancing the SUV’s rugged appearance with a more sophisticated exterior and premium interior design. Hyundai Motor said the model [...]
SEOUL, Oct. 17 (Korea Bizwire) – A recent report by the Korea Consumer Agency has shed light on growing concerns in the domestic matchmaking industry, revealing that consumers who sought redress for grievances paid an average of 3.46 million won for matchmaking services. The agency’s data, released on October 16, shows a troubling trend in the [...]
SEOUL, Oct. 17 (Korea Bizwire) – Volvo Cars Korea announced on October 16 that it has secured the top position in the product satisfaction (TGR) category of the “2024 Automobile Planning Survey” conducted by Consumer Insight, a leading consumer research firm in South Korea. This achievement marks Volvo’s dominance over both domestic and imported car brands [...]
SEOUL, Oct. 16 (Korea Bizwire) — Hyundai Motor Group said Wednesday it has developed the world’s first automated system for designing vehicle press molds, allowing drastic reduction in design time and quality improvement in the automobile production process. Press molds are tools used to produce exterior parts, such as trunks and hoods, and each part [...]
SEOUL, Oct. 16 (Korea Bizwire) – As concerns grow over Samsung Electronics’ future, South Korea’s semiconductor industry finds itself at a critical juncture. With China and Taiwan rapidly catching up in technology, there’s mounting anxiety that South Korea could lose its edge in advanced semiconductor markets crucial for artificial intelligence and aerospace applications. At a special [...]
SEOUL, Oct. 16 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading automotive parts maker, said Wednesday it has signed an investment agreement worth some 350 billion won (US$256.2 million) with the Slovak government to build manufacturing facilities for electric vehicle (EV) parts in the European country. Hyundai Mobis said it has signed the agreement [...]
SEOUL, Oct. 16 (Korea Bizwire) — The state-run Korea Trade Insurance Corp. said Wednesday that it has granted trade finance of US$1.35 billion to Hyundai Motor Co. for the ongoing construction of an electric vehicle plant in the U.S. state of Georgia. The financial support is aimed at assisting the construction of the EV plant [...]