The first rule of the auto market is that a car depreciates instantly when you drive it off the lot.
A diplomat working at the Chinese consulate in the southwestern city of Gwangju was caught by police while driving under the influence, according to police on Wednesday.
The governmen targets 1,000 suppliers of parts for the cars of the future by 2030. It also hopes Korea can become one of the top five developers of new types of drugs in the world.
Models pose in front of a camping car displayed at 7-Eleven. The convenience store said it is selling two camping car models in collaboration with Bayrun RV Group, a Korean RV company that officially launched in March.
Some 12 executives at Hyundai Motor are accused of selling their stocks in the Korean automaker before the news of the project with Apple being canceled was made public. The executives are reported to have pocketed 830 million won.
Hyundai Motorstudio Busan opens in Busan on Thursday. It is the first Hyundai Motor brand experience space to open outside of the greater Seoul area. The studio will mainly exhibit the automaker's concept cars.
The first quarter sales of three domestic carmakers in Korea showed their worst performance since 1998, when the country was swept by the Asian financial crisis.
In any field, a reinterpretation is unlikely to surpass the original. But that may not be the case for Matthew Bourne's 1995 reinterpretation of "Swan Lake," one of ballet's most classic works originally composed by Russian composer Pyotr Ilyich ...
Participants in the opening ceremony of an alliance on future cars and semiconductors between the Ministry of Trade, Industry and Energy and companies listen to a speech by Kang Kyung-sung.
Hyundai Motor and four related companies, including Kia and Hyundai Mobis, lost 13.5 trillion won ($12 billion) of market capitalization on Monday as the Korean automaker said it is not in talks with Apple to collaborate on the Apple car.