LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel Co. is poised to displace Baoshan Iron & Steel Co. as a key supplier to GM Korea Co., a unit of General Motors Co., as the US carm...

LG Energy, Samsung SDI to build 1st US LFP battery plants with GM

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...

Hyundai chief Chung, GM CEO Barra to meet September in Detroit

Hyundai Motor Group Executive Chairman Chung Euisun and General Motors Co. Chair and Chief Executive Mary Barra are slated to meet in September in D...

Hyundai, GM near to unveiling EV, pickup truck sharing plan

Hyundai Motor Co. and General Motors Co. are expected to soon announce a vehicle-sharing deal about six months after they signed an agreement for th...

LG Energy set to acquire GM’s $1 bn stake in Ultium JV plant in Michigan

South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in their battery joint venture plant in Lansing, Michi...

Hyundai, GM deepen ties to jointly develop cars

South Korea’s auto juggernaut Hyundai Motor Co. and US auto giant General Motors Co. will explore ways to jointly develop new vehicles and sou...

Samsung SDI, GM to build $3.5 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...

Hansae Yes24 moves closer to acquiring GM supplier Erae AMS

Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hansae Co., has moved a ...

Fashion OEM Hansae bids for GM Korea supplier Erae AMS

The holding company of Hansae Co., a leading global apparel original equipment manufacturer (OEM), is eyeing expansion into auto parts production by...

GM Korea’s 2024 sales growth likely stunted due to protracted labor strike

GM Korea Co., the South Korean unit of US auto giant General Motors Co., faces growing disruptions to its vehicle production amid a protracted labor...

GM Korea supplier Erae cs eyes revival by unit sales

A controlling stake in Erae AMS Co., formerly Delphi Automotive Systems’ South Korean affiliate, is on sale with eight potential bidders eyein...

Affirma Capital seeks to sell entire stake in both SeAH FS, S&G Holdings

Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and...

LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

Ultium Cells Spring Hill: LG, GM’s EV battery bastion in North America

NASHVILLE – Some 60 km south of Nashville, the capital of Tennessee, lies a huge plant churning out battery cells that will eventually land in...

LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Tuesday that the second plant of Ultium Cells LLC, a joint venture ...

Hyundai, Kia aim to raise Indian sales after record output

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...

LG Energy's 2nd bond issue hits record $4.2 bn in bids

LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...

GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs

General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...

GM Korea’s exports surpass 10 mn units Jan-Nov 2023

GM Korea Co. said on Thursday its vehicle exports have surpassed 10 million units this year as of the end of November with shipments of 10,082,281 u...

GM asks LG Energy to share huge portion of US EV tax benefits

General Motor Co., the leading US automaker, has asked LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufactur...

POSCO International wins $761 mn EV parts supply deal from US carmaker

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has won a 1 trill...

Hyundai Mobis showcases trailer reverse assistance system in US

South Korea's automotive parts maker Hyundai Mobis is boosting its presence in North America by unveiling technologies tailored for the market such ...

Hyundai acquires GM’s Indian plant, aims to sell more SUVs, EVs

Hyundai Motor Co. has acquired a car manufacturing plant in India from General Motors Co. as South Korea's top automaker aims to expand its presence...

GM Korea releases new Trailblazer geared for S.Korean market

General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for the South Korean mark...

Genesis rewrites Hyundai story, shedding Honda copycat image

Once dismissed as a Honda copycat, Hyundai Motor Co. is poised to pass yet antother milestone, with its luxury brand Genesis on track to top 1 milli...

GM names Hector Villarreal as new CEO for S.Korean operations

General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...

Samsung SDI, GM to build JV plant for EV batteries in Indiana

South Korea's major secondary battery maker Samsung SDI Co. and General Motors (GM) of the US will set up a joint venture (JV) plant for electric ve...

POSCO-GM JV to double cathode output, build precursor plant

South Korean battery materials producer POSCO Future M Co. said on Friday it will inject 1 trillion won ($765 million) into its joint venture with G...

POSCO Future M-GM JV to receive investment from Canadian gov’t

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., revealed on Monday that Ultium CAM, its joint venture with General Motor...