SEOUL, May 28 (Korea Bizwire) — A South Korean research team has unveiled a new software tool that securely deletes personal information stored in vehicle systems, aiming to mitigate privacy risks associated with secondhand car sales. Dankook University announced Wednesday that it has developed the “ACAT Privacy” program in partnership with vehicle forensics firm CP6. [...]
SEOUL, May 28 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., said Wednesday it will dispose of non-core assets and directly managed service centers as part of its efforts to sustain operations amid weak demand for its vehicles. In response to a rapidly evolving industry landscape and global business [...]
SEOUL, May 28 (Korea Bizwire) – Leading South Korean aerospace and defense companies presented next-generation unmanned and naval combat technologies at the 2025 International Maritime Defense Industry Exhibition (MADEX) in Busan on Wednesday. Korean Air Co. has showcased its artificial intelligence (AI) powered micro unmanned aerial vehicles (UAVs), medium-altitude UAVs and a mock-up of the [...]
SACHEON, South Korea, May 27 (Korea Bizwire) — Acting President Lee Ju-ho said Tuesday the government will provide unsparing support to the aerospace industry. Lee made the remark during a ceremony marking the inaugural Aerospace Day at the headquarters of the Korea AeroSpace Administration (KASA) in Sacheon, 291 kilometers southeast of Seoul. “The government will [...]
SEOUL, May 27 (Korea Bizwire) — As South Korea’s aviation industry braces for structural shifts and intensifying competition, domestic airlines are increasingly pursuing exclusive international routes to differentiate themselves and tap into niche travel markets, industry data shows. As of May 2025, Korean carriers operate 76 international routes without overlap from other domestic airlines — [...]
YEONGJONGDO, South Korea, May 26 (Korea Bizwire) — Volkswagen has officially launched its full-size Atlas SUV in the South Korean market for the first time, signaling a renewed push to bolster its position amid declining sales. At a media event held on May 26 at Studio Paradise in Yeongjongdo, Volkswagen Korea introduced the new Atlas, [...]
SEOUL, May 26 (Korea Bizwire) — Hyundai Mobis Co. has filed more than 7,500 patents over the past three years to strengthen its global competitiveness through proprietary technologies in future mobility and electrification, according to the company Monday. The company, the auto parts affiliate of Hyundai Motor Group, announced the figures during its annual in-house [...]
SEOUL, May 26 (Korea Bizwire) — Hyundai Motor Group said Monday it has established its third startup investment fund to support innovative venture companies with cutting-edge technologies and ideas. The group’s third fund under its ZER01NE accelerator program has been set up at a scale of 125 billion won (US$91.4 million), with financial participation from [...]
LEIPZIG, Germany, May 23 (Korea Bizwire) — Intensifying trade uncertainties, including tariff wars, have a great impact on the global transport industry, which has no choice but to “adapt” to the changed situation, the chief of the inter-organizational transport body said Friday. “(The global trade war) has an impact on what kind of goods we [...]
SEOUL, May 23 (Korea Bizwire) — Kia Corp. said Friday its EV3 compact electric sport utility vehicle (SUV) has received the highest rating in the European New Car Assessment Programme (Euro NCAP), a key safety benchmark for vehicles sold in Europe. The EV3 was recognized for its cabin integrity during crash scenarios and for its [...]