South Korea
Companies
The South Korean government is considering new tax breaks for electric cars, similar to those already in place for hybrid car purchases. As it aims to make 'green' industries a feature...
2010-02-19Companies
South Korean carmaker Ssangyong Motor has won a contract to tap into Vietnam's growing SUV segment, through the delivery of 15,500 vehicles over the next five years. Under the terms...
2010-02-12Companies
South Korean carmaker Hyundai Motor has reported a record profit for Q409, at a time when it could stand to gain from the woes of rivals such as Toyota Motor. Strong performances...
2010-01-28Companies
The Seoul Central District Court has overruled objections by creditors of South Korean carmaker Ssangyong Motor and granted its approval to the company's restructuring plan. This...
2009-12-17Companies
South Korean carmaker Hyundai Motor has announced that it will be withdrawing its passenger cars from the Japanese market after eight years due to poor sales. In the 10 months to...
2009-11-30Industry
News: US automaker General Motors Company's (GM) South Korean subsidiary GM Daewoo Auto and Technology has commenced exports of its new Matiz/Spark mini car to Europe. The move is...
2009-11-23Industry
News: South Korean automaker Ssangyong Motor has posted a net loss of KRW89.7bn (US$77mn) in Q309, compared with a loss of KRW28.1bn (US$24.1mn) in Q308, marking its eighth consecutive...
2009-11-13Industry
News: The Seoul Centre District Court has postponed granting its approval to bankrupt South Korean carmaker Ssangyong Motor's restructuring plan, after foreign creditors rejected...
2009-11-09
