automotive Archives | Be Korea-savvy
S. Korean Carmakers Bet Big on SUVs after Weak 2018 Results

S. Korean Carmakers Bet Big on SUVs after Weak 2018 Results

SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s three listed carmakers are betting big on sport-utility vehicles (SUVs) to bolster sales in 2019 after posting lower-than-expected earnings results last year.  With ongoing trade friction between the United States and China and the global economy slowing down, Hyundai Motor Co., Kia Motors Corp. and SsangYong Motor [...]

Gov’t to Ease Regulations on Autonomous, Hydrogen Cars

Gov’t to Ease Regulations on Autonomous, Hydrogen Cars

SEOUL, Jan. 25 (Korea Bizwire) — South Korea will “significantly” ease regulations involving autonomous and hydrogen vehicles as part of its broad emission-control policies, the transport ministry said Friday.  In a meeting with auto industry associations and car manufacturers, officials from the Ministry of Land, Infrastructure and Transport said the government will further ease regulations [...]