BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea

China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...

BYD to debut passenger EVs in South Korea in 2025

China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming ...

Genesis unveils GV70 facelift ahead of Korean debut in May

Hyundai Motor Co.'s premium brand Genesis on Friday unveiled the GV70 facelift as the leading South Korean automaker plans to launch the luxury mids...

Taeyoung E&C lets chairmen go as part of restructuring

Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea and undergoing ...

Taeyoung’s fresh measures raise hope for debt workout

Taeyoung Group, South Korea’s midsize conglomerate controlling logistics, media and construction businesses, on Tuesday vowed to offer up its ...

KAI inks deal with SpaceX to launch mid-sized satellites in 2025

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-gener...

Kia reveals facelift of midsize sedan K5

Kia Corp. unveils the new K5, a facelift model of its signature midsize sedan K5. This car is the revamped of third-generation K5, launched in 2019....