Korea Joongang Daily
Korea JoongAng Daily

After two bankruptcies, how Kia survived 80 years to turn into a global automaker

Korean automaker Kia celebrates its 80th anniversary this year, a milestone that once seemed all but impossible for a twice-bankrupt company that started out as a humble bicycle parts maker.

2025-12-05

Hyundai Motor, Air Liquide strengthen partnership for hydrogen ecosystem expansion

Hyundai Motor Group said Friday it has signed a strategic partnership with France-based industrial energy supplier Air Liquide to expand the global hydrogen ecosystem.

2025-12-05

Hyundai’s hydrogen obsession shows no signs of slowing, even as rivals walk away

Hyundai’s fixation on hydrogen borders on the unprecedented, as the company presses ahead despite mounting costs even while rivals retreat from the technology over shaky profitability.

2025-12-04

Departure of Hyundai's advanced vehicle chief signals changes in carmaker's tech strategy

Song Chang-hyeon, head of Hyundai Motor Group’s Advanced Vehicle Platform (AVP) division and CEO of the group’s mobility software arm 42dot, recently offered his resignation, signaling possible changes in the company’s tech strategy.

2025-12-04

HD Hyundai outlines future growth strategy, targeting 100 trillion won by 2030

HD Hyundai has established its future growth strategy and implementation road map, aiming to achieve 100 trillion won ($68 billion) in group sales within the next five years, the world's largest shipbuilder said Thursday.

2025-12-04

Hyundai and Kia set HEV sales records in U.S., but challenges from Japan and tariffs increase

Hyundai and Kia achieved their highest U.S. hybrid-electric-vehicle (HEV) sales in November, but they face mounting pressure as Japanese automakers prepare to ramp up their own HEV efforts.

2025-12-03

Technology at arm's length

A Hyundai Motor employee demonstrates the X-ble Shoulder wearable robot at the 2025 Korea Tech Festival held in Coex, southern Seoul, on Dec. 3.

2025-12-03

Hyundai Wia now actively promoting early retirement programs, will other affiliates follow lead?

Hyundai Motor Group affiliates are accepting applications for voluntary retirement under a program they are referring to as a “career redesign program,” according to company notices shared internally on Monday.

2025-12-01

Korean carmakers kick off year-end discounts amid sluggish demand, Chinese competition

Korean automakers are implementing significant year-end discounts, up to 6.3 million won, to stimulate sales amid sluggish consumer demand and increased competition from Chinese EVs, as inventory remains high with declining sales across the market.

2025-12-01

Hyundai aims to promote Korea's hydrogen push at Global CEO Summit in Seoul

Hyundai Motor Group said Monday it will use a global gathering of hydrogen industry leaders in Seoul to promote Korea’s push to scale up hydrogen technology and infrastructure, as the Hydrogen Council’s Global CEO Summit takes place.

2025-12-01