News
Volkswagen weighs 100, 000 job cuts, plant closures amid China, EV slump
1+ day, 4+ hour ago (309+ words) A local report said Germany's Volkswagen Group is considering far tougher restructuring than before. The job cuts could reach as many as 100, 000, and the plan reportedly includes closing four additional key production sites in Germany. On the 26th, business daily Manager…...
U. S. blocks China-linked connected cars, hits Renault Korea's Polestar 4
1+ day, 9+ hour ago (477+ words) Busan plant faces export setback as U. S. blocks China-linked connected vehicles With the Trump administration banning sales of connected cars linked to China, Renault Korea has been hit by "stray bullets." That is because the Renault Korea Busan plant produces Polestar…...
BYD launches Sealion 6 DM-i PHEV in South Korea, opens preorders at 37. 5m won
1+ day, 12+ hour ago (17+ words) CHOSUNBIZ Chosunbiz...
Mu'oz boosts Korea investment in robotics, autonomous driving, and SDVs
1+ day, 13+ hour ago (227+ words) President and CEO Jos" Mu'oz of Hyundai Motor said, "The importance of the Korean market is growing," noting, "We plan to gradually increase investment not only in vehicle development but also in technologies such as Robotics, Autonomous Driving, and software-defined…...
Genesis debuts Magma GT concept in South Korea, channels racing to road
1+ day, 20+ hour ago (17+ words) Genesis debuts Magma GT and Le Mans GMR-001 in South Korea, targets mass rollout - CHOSUNBIZ Chosunbiz...
NH Securities sees LG Energy Solution rebound in H2 on ESS orders, Tesla sales
2+ day, 16+ hour ago (382+ words) NH Investment & Securities on the 25th said that for LG Energy Solution, although the pace of earnings improvement is slow due to weakness in the U. S. electric vehicle (EV) market, it is passing the bottom, and it maintained a Buy rating. It…...
Hyundai Motor union wins strike right amid wage talks and bonus demand
2+ day, 9+ hour ago (14+ words) CHOSUNBIZ Chosunbiz...
Ford Expedition targets Korea families with power, tech and space
1+ week, 1+ day ago (393+ words) FL Auto Korea (FLAK)'s recently released full-size sport utility vehicle (SUV), the "All-new Ford Expedition," is drawing attention as a family car aimed at both drivers and passengers. Reviews say it combines improved power performance and driving convenience for…...
Korea's Neubility enters Japan delivery and Taiwan patrol markets
1+ week, 1+ day ago (365+ words) Secom pilot and Tokyo delivery tests showcase Neubility's AI patrol and logistics push abroad Early this month, Taiwanese media mentioned Korean Autonomous Driving robot startup Neubility. Taiwan's No. 1 security company, Taiwan SECOM, showcased Neubility's artificial intelligence (AI) outdoor patrol robot…...
Bentley Motors Korea debuts 4th-gen Continental GT S and GTC S, completes GT lineup
1+ week, 1+ day ago (255+ words) Hybrid-powered GT S and GTC S arrive with record performance to round out Bentley's grand tourer range Bentley Motors Korea said on the 19th it will officially launch the New Continental GT S and the New Continental GTC (convertible) S. The New…...