Due to weak sales figures, Hyundai will allegedly suspend production of the Ioniq 5 and Kona Electric at its South Korean ...

Hyundai Motor is set to temporarily shut down production of the Ioniq 5 -- its flagship electric vehicle model -- and the ...

While speaking on Ford’s fourth-quarter earnings call, Farley noted that brands like Toyota and Hyundai can import hundreds ...

Amogy, a provider of mature, scalable and efficient ammonia-to-power solutions, announced the expansion of its operations into South Korea with the opening of an office in the Pangyo Techno Valley.

South Korea’s corporate landscape is undergoing a major shake-up as defense, shipbuilding, and artificial intelligence ...

Korean robotics firms face fierce competition from cheaper Japanese and Chinese products, leading to lost contracts and stagnant sales.

Weeks after German luxury car maker Volkswagen slapped a lawsuit against the government of India over a $1.4 billion tax ...

Volkswagen, more than most, is acutely aware it needs an electric “people’s car” – a cheap EV for the masses. It is now two years from producing one, and it will cost €20,000 (in Germany anyway – we ...

The firm noted that while strong reinsurance programs will help mitigate potential losses, the increasing frequency and ...

Better known as Choi Seung-hyun, former BIGBANG rapper and Squid Game star T.O.P has amassed a massive fortune. Here's how he ...

The Korea Institute of Machinery and Materials (KIMM) has developed the world's first engine capable of directly injecting ammonia into the combustion chamber at high pressure, in collaboration with t ...