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Businesskorea
businesskorea.co.kr > news > articleView.html

All Domestic Automakers End Wage Talks with 2027 Tensions Looming

4+ hour, 7+ min ago   (581+ words) This year’s wage and collective agreements for all five major domestic automakers have been concluded. As the tentative agreement between Hyundai Motor’s labor and management, which experienced difficulties until the very end, passed the union members’ vote, the long summer…...

Businesskorea
businesskorea.co.kr > news > articleView.html

Domestic Automakers’ August Sales Drop 5.9% Amid Strikes

18+ hour, 45+ min ago   (530+ words) Aggregating the August sales performance of Hyundai Motor Company, Kia, GM Korea, KG Mobility (KGM), and Renault Korea on Sept. 1, the total domestic and overseas sales volume of the five companies was 589,412 units, down 5.9% from the same month last year....

Businesskorea
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Kumho Tire Wins Bronze at IDEA Award

1+ day, 5+ hour ago   (219+ words) Following the iF and Red Dot Design Awards in Germany, Kumho Tire has swept the IDEA in the United States, achieving the feat of winning all three of the world’s top design awards for two consecutive years. The subject of…...

Businesskorea
businesskorea.co.kr > news > articleView.html

Hyundai Motor Union Votes on Wage Deal

2+ day, 4+ hour ago   (464+ words) Businesskorea Approval Would End Strike and Finalize 2024 Wage Negotiations Hyundai Motor Union Begins Voting on Tentative Agreement The Hyundai Motor union has begun a vote among its members to put an end to this year’s wage negotiations. The Hyundai Motor…...

Businesskorea
businesskorea.co.kr > news > articleView.html

Genesis GV90 Earns Global Media Praise

1+ week, 5+ hour ago   (242+ words) “Genesis has finally made its dream a reality.” U.S. business magazine Forbes offered that assessment of the Genesis GV90, unveiled on August 19 local time at the Palace of Fine Arts in San Francisco. The GV90 and GV90 Neolun revealed at the world…...

Businesskorea
businesskorea.co.kr > news > articleView.html

LG Energy Solution Sees Solid-State Battery Delay for EVs

1+ week, 1+ day ago   (457+ words) LG Energy Solution has diagnosed that in order to fully apply solid-state batteries to electric vehicles, the technical barrier of mass-producing large-scale cells must be overcome. The forecast suggests that solid-state batteries are highly likely to be commercialized in small…...

Businesskorea
businesskorea.co.kr > news > articleView.html

EcoPro BM Renovates Hungarian Plant for EV Materials

1+ week, 2+ day ago   (470+ words) Businesskorea Hungarian Site in Debrecen Has 54,000-Ton Capacity and Is Being Converted to a Mixed NCA-NCM Line EcoPro BM Begins Line Renovation at Hungarian Plant EcoPro BM has begun renovation work on the production line at its Hungarian plant to…...

Businesskorea
businesskorea.co.kr > news > articleView.html

Hyundai Motor Plants Halt Amid Full Strike

1+ week, 5+ day ago   (512+ words) Businesskorea Union expands pressure as wage talks stall over bonuses and retirement age All Hyundai Motor plants shut down following full strike for the first time in 10 years All production lines at Hyundai Motor completely stopped for the first time…...

Businesskorea
businesskorea.co.kr > news > articleView.html

Hankook Tire Showcases EV-Exclusive iON Tech at Demo Days Bay Area

1+ week, 5+ day ago   (308+ words) Hankook Tire & Technology (Hankook Tire), a leading global tire manufacturer, will showcase its EV-exclusive iON tire lineup at Demo Days Bay Area, taking place Aug. 22–23 in Alameda, California. Through interactive displays and hands-on driving experiences, attendees can see how Hankook’s…...

Businesskorea
businesskorea.co.kr > news > articleView.html

Hyundai Motor Plants Halt in First Full Strike Since 2016

1+ week, 5+ day ago   (376+ words) The Hyundai Motor labor union has launched a full strike for the first time in 10 years. The union is demanding 30% of the company’s net profit from last year as performance bonuses, in addition to a 50% increase in bonuses, the reinstatement…...

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