Hyundai Motor Group solidifies position as No.3 automaker in world
The Hyundai-Kia partnership produced 7.3 million vehicles in 2023 to widen the gap with the rest of the pack.
Lee Bum-ho to helm Kia Tigers as youngest active KBO manager
Lee's promotion from hitting coach comes after the club fired former manager Kim Jong-kook on Jan. 29 for being the subject of an arrest warrant on bribery charges.
[NEWS IN FOCUS] Why Hyundai is mulling a $3 billion IPO in India
Hyundai Motor's expected launch of a $3 billion initial public offering (IPO) in India underscores its robust confidence in the market and its attempt to eye the Southeast Asian country as a new manufacturing hub to replace China and Russia.
Kia Tigers fire manager as arrest warrant sought on bribery charges
The Kia Tigers on Monday fired manager Kim Jong-kook after prosecutors sought an arrest warrant for Kim and former general manager Jang Jung-suk on bribery charges.
Kia Tigers suspend manager Kim Jong-kook over criminal investigation
The Kia Tigers suspended manager Kim Jong-kook on Sunday as he faces a criminal investigation over bribery charges.
Hyundai Motor, Kia log all-time high operating profits in 2023
Hyundai Motor and Kia logged all-time high operating profits for 2023, driven by strong sales of high-margin cars and robust demand in core markets including the United States, Europe and India.
Hyundai Motor posts record-breaking $11.33 billion operating profit
Hyundai Motor posted a record-breaking operating profit of 15.13 trillion won ($11.33 billion) for 2023, up 54 percent on year.
Kia logs record $8.7 billion operating profit
Kia is expected to be ranked second in last year's earnings performance among Korean companies, with Hyundai Motor likely taking the top spot.
Hyundai pleads with U.S. to provide exemptions for 'unrealistic' IRA
Hyundai Motor called on the U.S. government to provide a temporary Inflation Reduction Act (IRA) exemption, stating that not sourcing raw materials from China is "unrealistic" currently.
KBO teams seal up foreign player rosters ahead of spring training
All 10 teams in the KBO have reached their foreign player maximums for the 2024 season, capping off months of movement in the domestic baseball league.