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[Photo News] Mercedes-Benz Korea contributes to urban forest in Seoul
Mercedes-Benz Korea CEO Mathias Vaitl (left), who also serves as chair of the company’s CSR Committee, poses with Seoul Mayor Oh Se-hoon during the opening ceremony of the Seoul International Garden Show 2025 at Boramae Park in southern Seoul on Thursday. The event marked the committee’s donation of 3,127 trees and shrubs to the park — its seventh contribution to creating urban forests in Seoul since 2022. (Mercedes-Benz Korea)
May 26, 2025 -
[Photo News] Volkswagen debuts its first full-size SUV in Korea
Volkswagen Group Korea CEO Till Scheer poses next to the new Atlas on Monday at its launch event in Incheon, where the German brand debuted its first full-size sport utility vehicle in South Korea. At 5,095 millimeters in length, it will be the longest SUV currently sold in the country. The price starts from 67.7 million won ($49,600). (Volkswagen Group Korea)
May 26, 2025 -
Hyundai Ioniq's global sales top 500,000 units
Hyundai Motor Co.'s Ioniq series have sold over 500,000 units globally, the group said Sunday, reaching a milestone for the first time since its launch of the Ioniq 5 four years ago. According to the company, it had sold a cumulative 514,588 units of its Ioniq series, consisting of the Ioniq 5, Ioniq 6 and Ioniq 9, as of last month. The series, which began with the launch of its very first Ioniq 5 in 2021, saw its sales gradually increase year after year, with 65,906 units sold in 2021, 114,548
May 25, 2025 -
Korea pushes tech edge in $13.6b UAE rail bid over China
LEIPZIG, Germany — South Korea's transport minister highlighted the country’s edge over China in railroad technology in the lead-up to a major export bid with the United Arab Emirates. “Except for price, Korea holds a competitive edge in the other two criteria — technology transfers to the UAE and completing the project on time,” Land, Infrastructure and Transport Minister Park Sang-woo told The Korea Herald on the sidelines of the International Transport Forum 2025 in Leipzig, Germany, Wednesda
May 22, 2025 -
Global transport leaders warn of rising risks from US tariffs at ITF 2025
LEIPZIG, Germany ― Global transport executives voiced concerns over escalating trade wars, particularly driven by tariff measures imposed by the US, and their impact on maritime transport at the International Transport Forum 2025’s annual summit in Leipzig, Germany. “The transport links that connect the world are under pressure and governments face enormous tasks to protect transport infrastructure against increasing disruptions,” said Kim Young-tae, secretary-general of the International Transp
May 22, 2025 -
OECD transport ministers gather to discuss transport resilience amid global trade uncertainties, climate change
Top transport officials from member nations of the Organization for Economic Cooperation and Development, including South Korea, gathered in Germany on Wednesday to discuss measures to improve the resilience of the transport sector amid challenges involving global trade tensions and climate change. The three-day 2025 International Transport Forum Summit kicked off in the eastern German city of Leipzig under the theme "Transport Resilience to Global Shocks," bringing together some 1,200 officials
May 21, 2025 -
[Photo News] Road safety for older adults
People aged 65 and older attend a driving practice program hosted by Hyundai Motor Group at a training center in Hwaseong, Gyeonggi Province, on Tuesday. The Korean auto giant plans to hold 20 sessions of the program through November, focusing on defensive driving techniques, vehicle maintenance and the latest traffic regulations. (Hyundai Motor Group)
May 21, 2025 -
Hyundai to halt Ioniq 5, Kona EV production again amid weak demand
Hyundai Motor is set to temporarily halt production of electric vehicle models the Ioniq 5 and Kona EV at its Ulsan plant, marking its third production suspension this year amid sluggish global EV demand. According to industry sources on Tuesday, Hyundai Motor plans to suspend operations on the second production line at Plant 1 in Ulsan, where both the Ioniq 5 and Kona EV are manufactured for domestic and overseas markets. “Internal notification about the suspension has been distributed within t
May 20, 2025 -
Hyundai Motor Group captures more South African market share
Hyundai Motor Group recorded a 37 percent year-on-year increase in passenger car sales in South Africa last month, strengthening its foothold in one of Africa’s largest automotive markets. The Korean mobility giant, comprising Hyundai Motor Company and Kia, sold a combined total of 4,266 vehicles in April, according to a National Association of Automobile Manufacturers of South Africa report issued earlier this month. Hyundai Motor Company accounted for 2,989 units, up 41 percent from a year ear
May 18, 2025 -
Kumho Tire plant blaze in Gwangju nears containment
Fire authorities said Sunday that the initial containment of the massive blaze at Kumho Tire’s plant in Gwangju was completed, with full extinguishment expected within the day. With the containment level at 90-95 percent by 2:50 p.m., fire officials anticipated that the fire would be completely extinguished within about an hour and 30 minutes. This is approximately 31 hours and 40 minutes after it first broke out on Saturday morning. As a result, the fire response level, which had been raised fr
May 18, 2025 -
Audi Korea unveils new A5 sedan, accelerating market comeback
Audi Korea unveiled the new A5 sedan and its performance-enhanced S5 trim at a media preview event on Thursday to reinforce its momentum to reclaim its position as a leading imported car brand in Korea. “As I mentioned during the New Year media roundtable, 2025 will mark the year with the most new model launches for Audi,” said Steve Cloete, executive director of Audi Korea, during the event held in Gimpo, Gyeonggi Province. “Today, we are excited to unveil these cars.” The sedans represent Audi
May 16, 2025 -
Hyundai Rotem wins W420b train deal in Taiwan
Hyundai Rotem has inked a 420 billion won ($300 million) contract to supply unmanned trains to a subway project in Taiwan, the Korean defense and railway systems said Thursday. According to Hyundai Rotem, it will supply automated trains to the Taichung government's blue subway line project aimed at advancing public transportation in the largest city in Taiwan's central region with a population of 2.8 million. The Taichung government is pushing to build green, blue, red and orange subway lines, w
May 15, 2025 -
Hyundai Motor breaks ground on first auto plant in Saudi Arabia
Hyundai Motor Company said Thursday it began constructing its first car manufacturing plant in Saudi Arabia, marking its entry into the burgeoning Middle East market. In partnership with Saudi Arabia’s Public Investment Fund, the auto giant will set up Hyundai Motor Manufacturing Middle East to produce up to 50,000 electric and internal combustion vehicles annually, with operations slated to begin in the fourth quarter of 2026. The PIF and Hyundai hold 70 percent and 30 percent stakes, respectiv
May 15, 2025 -
Hyundai Rotem wins W420b contract to supply trains for Taiwanese subway project
Hyundai Rotem Co., a South Korean railway and defense systems company, said Thursday it has won a 420 billion-won ($298.1 million) contract to supply automated trains for a subway project in Taiwan. Under the deal with the city government of Taichung, Taiwan's second-largest city with a population of about 2.8 million, Hyundai Rotem will supply fully automated trains with cutting-edge technology for the city's blue subway line. A single three-car trainset will be able to carry up to 530 passenge
May 15, 2025 -
920% US tariff threat on Chinese graphite jolts Korean battery-makers
Korean battery-makers are bracing for a possible rise in production costs, as the US Department of Commerce prepares to announce a preliminary review of its investigation into alleged violations of antidumping regulations by Chinese graphite producers, potentially resulting in tariffs as high as 920 percent. According to industry sources on Wednesday, the US department is expected to reveal its findings as early as May 19. The investigation stems from a petition filed in December 2024 by the Ame
May 14, 2025