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KOREAN CAR MAKERS
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...- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- 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...
- Musk says Tesla may 'tape out' next-generation AI6 chips in DecemberTesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a ...
- Chinese automakers retain grip over Southeast Asia's booming electric car marketElectric vehicle sales in Southeast Asia, led by China's BYD and Vietnam's VinFast, are surging, challenging Japanese and Korean firms in t...
- Hyundai unit files for India IPO that could be country's biggestIndia's second-biggest car maker behind Maruti Suzuki, Hyundai will not issue new shares in the IPO which will involve its South Korean par...
- Hyundai India to hike prices of its vehicles from January 1Hyundai sells a wide range of vehicles from the Grand i10 Nios to the IONIQ5 SUV, with prices ranging from Rs 5 lakh all the way up to Rs 4...
- The Korean wave: From Samsung to Jungkook, a one-of-a-kind invasion is taking placeIn smartphones, Samsung is snapping at the heels of Xiaomi on the number of units sold in India. As per the data for April-June by market t...
- Apple hires veteran Ford executive for EV car projectMultiple reports claimed that Ujkashevic, who is Ford's global director of safety engineering, will join Apple to help it develop a fully e...
- FADA asks Hyundai, Kia to clear their stand on social media post on KashmirHyundai Motor India, the country's second-largest car maker, has come under massive crossfire on social media after the car maker’s Pakista...
- Samsung SDI and Stellantis in vehicle battery dealWith the deal, Stellantis has "secured production capacity" to realise its goal to have electric vehicles make up 40 percent of its US sale...
- Cash-strapped SsangYong submits self-rescue plan as it looks to bring investor on boardThe rehabilitation plan includes half of SsangYong’s staff taking unpaid leave up to two years in a bid to avoid retrenchment. “This sort o...
- Tata Motors jumps to third position in PV sales for FY21 beating Mahindra, and grows in market shareExperts say that this has been possible on the back of some successful product launches including the Altroz and Safari. The country’s UV m...
- Hyundai wrestles with the risks of embracing AppleHyundai said earlier this month it was in preliminary talks with Apple, but gave no details. Local media said the firms were discussing an ...
- Korean car makers, Hyundai and Kia improve market share to 23 per cent in Jan-SeptDespite being late entrants, carmakers from Korea have found a sweet spot in India on the back of technologically superior products. Expert...
- High on design and connectivity, South Korean and Chinese brands put pressure on tried and tested Japanese car makers in IndiaThe Japanese dominance of the Indian car market is under threat with South Korean and Chinese carmakers expected to corner a fourth of it b...
- 16 Korean companies sign MoU with Andhra government to set up ancillary unitsThe auto giant Kia Motors is setting up its first car manufacturing plant in India at Erramanchi in Anantapuramu district with an investmen...
- Mahindra South Africa runs into row over SsangYong's products marketingMahindra South Africa is now locked in a dispute with local company Twin Dragons Automotive over distribution.
- Mahindra to market SsanYong cars in South AfricaMahindra South Africa, an affiliate of auto maker Mahindra and Mahindra, will market SsangYong products here, the first country outside Ind...
- Most Americans not open to buying cars from India, China: StudyA study has found that most Americans are not open to the idea of buying a car from companies like Tata, Mahindra and BYD.
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