Korea Joongang Daily
Korea JoongAng Daily

Hyundai, Kia, GM Korea, and Honda Korea recall 300,000 vehicles for faulty components

Hyundai, Kia, GM Korea and Honda Korea will recall more than 307,500 vehicles due to faulty components across 22 models, addressing various safety issues including potential fire risks and defective fuel systems.

2024-12-17

U.S. election results won't threaten subsidies for Samsung, SK: Indiana commerce chief

With burgeoning uncertainties over the upcoming U.S. presidential election, Indiana Secretary of Commerce David Rosenberg says the outcome — regardless of who wins — won't drive promised subsidies away from Korean chip and EV battery producers.

2024-10-18

Hyundai, Kia and GM Korea to recall more than 600,000 vehicles due to faulty components

Hyundai Motor and two other carmakers will voluntarily recall more than 600,000 vehicles due to faulty components, the transport ministry said Thursday.

2024-10-10

Posco Future M clinches $1.4 billion deal to provide material for EV batteries

Posco Future M clinched a 1.85 trillion won ($1.4 billion) battery materials deal with an undisclosed EV battery maker, according to a regulatory filing on Wednesday.

2024-09-11

Samsung SDI, GM to build $3.5 billion battery plant in Indiana

Samsung SDI and General Motors will together invest $3.5 billion to build a battery plant in Indiana as EV sales are stalling in global markets.

2024-08-28

Ultium Cells slows construction of Michigan battery plant amid stalling EV demand

The joint venture between LG Energy Solution and General Motors is slowing the construction of a Michigan plant in an effort to trim investment amid slowing EV demand.

2024-07-22

Cadillac sings new song with luxurious Lyriq EV

Cadillac's first purely Ultium platform-based EV, the Lyriq, is set to go on sale in Korea.

2024-05-30

GM Korea accelerates resurgence with four new cars this year

GM Korea is seeking to solidify its resurgence by introducing four new vehicles, including two new EVs, in the domestic market this year.

2024-02-04

Hyundai Motor to invest $845 million to upgrade India plant

Hyundai Motor will spend 70 billion Indian rupees ($845 million) on its India plant in Talegaon to upgrade its manufacturing equipment.

2024-01-16

Hyundai overtakes Stellantis to become No. 4 in U.S.

LOS ANGELES — Hyundai Motor and Kia, Korea's two largest carmakers, sold a record number of vehicles in the United States last year, making them the fourth-largest car-making group in the country, beating Stellantis and Honda.

2024-01-12