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KOREAN AUTOMAKER
Kospi jumps over 8% on Iran peace deal hopes; world's best-performing market up 94% YTDSouth Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after...
Samsung overtakes Micron in chips for cars to claim top spot; Captures 40% market shareSamsung Electronics has overtaken Micron Technology to become the world's top automotive memory chip supplier, capturing a 40 per cent mark...
South Korean shares end 8% higher as Samsung hits record on pay dealSouth Korean shares surged 8% on Thursday, led by Samsung Electronics reaching a record high after a labor deal averted a strike, easing ec...
Parle Melody: The ₹1 soft power twist Modi served to Meloni and the worldPrime Minister Modi's gift of a Parle Melody toffee to Italy's Giorgia Meloni symbolised India's evolving soft power. Beyond traditional ex...
Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
Honda to stop car sales in South Korea by end-2026Honda will stop selling cars in South Korea by the end of 2026. The company will continue after-sales services. This decision is due to mar...
Samsung SDI signs first EV battery supply deal with Mercedes-BenzSamsung SDI has secured a significant multi-year deal to provide advanced high-nickel NCM batteries for Mercedes-Benz's upcoming electric S...
Global Markets | South Korean shares dip, but mark second weekly gain on Iran ceasefire hopesSouth Korean stocks ended lower Friday but secured a second weekly gain. Hopes for a U.S.-Iran ceasefire boosted sentiment. The Korean won ...
Global Markets | South Korean shares hit highest since late February, chipmakers jumpSouth Korean stock markets surged on Thursday, reaching their highest point since late February. This rally was fueled by optimism surround...
Global Markets | S.Korean shares log highest close since Feb on hopes of US-Iran talksSouth Korean shares climbed to their highest close since February as optimism over renewed US-Iran talks boosted global risk sentiment and ...
Hyundai Motor India to increase car prices up to 1% effective May 2026Car prices are set to rise by up to one percent starting May 2026. This adjustment is a result of increasing costs for various components. ...
Local wheels ride smooth on country roads as Indian carmakers overtake foreign rivalsIndian car manufacturers are gaining ground in the domestic market. Tata Motors and Mahindra & Mahindra have seen their market share rise s...
Hyundai Motor records 8.7% annual hike in Q4 sales with 2,08,275 unitsHyundai Motor India Limited reported strong quarterly sales for Q4 FY26. The company achieved its highest-ever quarterly domestic sales of ...
Hyundai VENUE, Kia Seltos secure 5-star rating in BNCAP crash testHyundai VENUE and VENUE N Line have earned a 5-star safety rating from Bharat NCAP. Kia Seltos also secured a 5-star rating. These achievem...
South Korean shares fall 3%, won hits 17-year low on Mideast worriesSouth Korean financial markets experienced a significant downturn on Monday. The main stock index, KOSPI, dropped by almost 3%. The nationa...
Hyundai sales up 15 per cent in August at 71,435 unitsHyundai Motor India on Friday said its wholesales increased by 15 per cent year-on-year to 71,435 units in August. The automaker had dispat...
Park outside: Hyundai, Kia recall vehicles due to fire riskAffected Hyundai vehicles include the 2019 to 2023 Santa Fe, the 2021 to 2023 Santa Fe Hybrid, the 2022 and 2023 Santa Fe Plug-in hybrid an...
Mahindra says deal to sell SsangYong Motor to Edison terminatedIndian automaker Mahindra, which owned about 75% of SsangYong as of September end, has been looking for a buyer for all or most of its stak...
JP Morgan demands loan repayment of 40 billion wons from SsangYongFollowing the Korean automaker's application for rehabilitation dated December 21, JP Morgan issued a notice to the cash-strapped firm dema...
- South Korean automaker delays payroll as sales slump
A South Korean automaker said on Monday it would be unable to pay workers on time this month, and another announced a temporary shutdown of...