KoreaTimes(419) - Auto, Biz & Tech, page 7

The Korea Times

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Biz & Tech

Auto

Thu, March 4, 2021 | 08:38

Tesla CEO Musk becomes world's wealthiest person

Tesla CEO Musk becomes world's wealthiest person

Whether the topic is transforming the automobile or conquering the next frontier of space, Elon Musk has shown a knack for captivating an audience beyond investors and science geeks.

2021-01-08 10:05

Tesla protests against Korea's green car incentive program

Tesla protests against Korea's green car incentive program

Attention is growing over a local policy incentivizing car manufacturers to produce more eco-friendly vehicles, as Tesla is known to be lobbying the government in an attempt to benefit from the program. The policy requires local carmakers to increase the portion of eco-friendly vehicles they produce. The program fines companies that fail to meet the required percentage of gre...

2021-01-07 15:54

Drones showcase Kia Motors' new corporate logo in a pyro-drone show Wednesday. Kia Motors had been using its previous logo since 2012, and is planning to change its corporate name to Kia from Kia Motors in the near future. The show featured 303 drones, a Guinness World Record for the most unmanned aerial vehicles used simultaneously during a fireworks display. Courtesy of Kia

2021-01-06 21:12

SsangYong's December sales fall 18% amid pandemic

SsangYong's December sales fall 18% amid pandemic

SsangYong Motor Co. said Monday its sales fell 18 percent last month from a year earlier as demand fell further amid the COVID-19 pandemic. SsangYong Motor sold 10,561 vehicles in December, down from 12,923 units a year ago due to lower demand for its SUV models, the company said in a regulatory filing.

2021-01-04 15:21

South Korea's eco-friendly car exports jump 40 percent in 2020

South Korea's eco-friendly car exports jump 40 percent in 2020

South Korea's exports of environment-friendly vehicles jumped 40 percent in 2020 from a year earlier on growing demand for less-emitting cars, the trade ministry said Sunday. Exports of all-electric and hydrogen fuel-cell electric vehicles climbed to US$4.6 billion last year from $3.3 billion a year ago, according to the Ministry of Trade, Industry and Energy.

2021-01-03 11:32

Hyundai Motor Group IT units' merger faces bumpy road

Hyundai Motor Group IT units' merger faces bumpy road

The proposed merger between Hyundai Motor Group's three automotive software affiliates is facing a bumpy road ahead as minor shareholders raised opposition to the stock swap ratio for the merger.

2021-01-01 16:54

Porsche Korea improves CSR performance in 2020

Porsche Korea improves CSR performance in 2020

German carmaker Porsche's Korean unit has achieved improved corporate social responsibility (CSR) value in 2020 through its support activities run throughout the year.

2020-12-31 09:09

KDB clarifies no more financing on SsangYong

KDB clarifies no more financing on SsangYong

The Korea Development Bank (KDB) has clarified its intention not to offer extra financing to SsangYong Motor, which requested an autonomous restructuring support (ARS) program recently after filing for receivership with a local court.

2020-12-30 16:26

Tech giants make inroads into carmakers' territory

Tech giants make inroads into carmakers' territory

Tech giants are expediting their penetration into the auto-making sector, expanding their presence in the fields of autonomous driving and electrification. The move is a serious challenge to the stronghold of traditional carmakers, and in line with tech firms' efforts to revamp their business models to capitalize on the rapid growth of the “mobility services” market and the c...

2020-12-27 16:56

Genesis GV70 sales in early boom; price question remains

Genesis GV70 sales in early boom; price question remains

The Genesis GV70, the new midsize SUV by the Hyundai Motor luxury brand, is hitting a stride in its early sales, surpassing 10,000 orders on the first day of its preorders.

2020-12-24 16:30

1 2 3 4 5 6 7 8 9 10

WooriBank

Top 10 Stories

DARKROOM

Code of Ethics

Copyright