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Conglomerates opt for days off over year-end ceremonies

South Korean conglomerates are skipping official year-end ceremonies and recommending employees to take their annual leaves to close out 2023. Samsung Electronics, the country’s largest conglomerate, is rounding out the year without any official year-end ceremony or "jongmusik" in Korean according to a Samsung official. The conglomerate will hold an official ceremony to kick off the new year . ....

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[INTERVIEW] Hyundai Motor Group transforms from fast follower to game changer

Hyundai Motor Group is moving from being a fast follower to a game changer by leading innovation through a fast transition to electric vehicles (EVs) in the era of autonomous driving and electrification. In addition, the company is transforming its role in mobility, which is expanding to include robots, air taxis, purpose-built vehicles and hydrogen cars, according to Don Southerton, a business consultant and author, Thursday. ....

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Hyundai Motor chief marks 3rd year of record earnings

Hyundai Motor Group is expected to post record earnings this year, breaking its own record for the third year in a row since Executive Chair Chung Euisun took the helm of the world's third largest carmaker in 2020. Hyundai and its smaller affiliate Kia are projected to post 260.8 trillion won ($192.5 billion) and 26.6 trillion won in sales and operating profits this year, according to estimates by market tracker. ....

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Hyundai Motor chief visits US amid new tax break law

Hyundai Motor chief visits US amid new tax break law ....

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Hyundai Motor Chief Visits US Amid New EV Tax Break Law » Glamsham

Seoul, Aug 24 (IANS) Hyundai Motor said on Wednesday that its Chairman Chung Euisun was visiting the US amid growing concerns over a new law excluding ....

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