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The airliner recently uploaded a notice to its homepage to clarify facts about the revision plan for the loyalty program amid strong backlash from customers, inc Jan 17, 2020 Mahindra set to inject W230b into SsangYong Motor: sources Mahindra & Mahindra Ltd. looks set to inject fresh cash into its cash-strapped South Korean unit SsangYong Motor Co. in a move to seek help from SsangYong's main creditor bank, industry sources said Friday. Mahindra & Mahindra Managing Director Pawan Goenka said the Indian carmaker will make a 230 billion-won ($198 million) investment after obtaining approval from its board during his meetings with SsangYong's labor union and Lee Dong-gull, chairman of the state-run Korea Development Ban Jan 17, 2020 Hyundai Motor chief Chung Euisun underlines decarbonizing transportation Chung Euisun, executive vice chairman of Hyundai Motor Group, said decarbonizing transportation will support the Hydrogen Council’s vision of building a hydrogen-powered societyAccording to the company on Friday, Chung, who co-chairs the council, said in an interview that it is the responsibility of Hyundai Motor to extend beyond vehicles and invest in the hydrogen supply chain.“As an innovator and pioneer in hydrogen-powered mobility, Hyundai Motor Group is willingly taking the resp Jan 17, 2020 Chevrolet rolls out Trailblazer as new core SUV model Chevrolet launched Friday its new sport utility vehicle Trailblazer in Korea, dubbing it as the brand’s “core next-generation model.” The midsized SUV sits between the compact SUV Trax and Equinox, targeting urban drivers. It contains Chevrolet’s next-generation powertrain and high-tech driving functions, said the American automaker, which is owned by General Motors. “Trailblazer is a stylish SUV that will strengthen the Chevrolet SUV lineup, maximize the driv Jan 16, 2020 Hyundai Motor Group to invest W129b in UK EV startup Arrival Hyundai Motor Group said Thursday that it will invest 129 billion won ($111 million) in London-based EV startup Arrival, in an effort to secure electric vehicle manufacturing technology and market dominance. According to the automaker, the two firms agreed to cooperate in developing urban-type EVs, after clinching a deal at the Hyundai Motor Group headquarters on Thursday. Established in 2015 Arrival is an EV-developing startup focused on commercial-type vehicles including vans and bu Jan 16, 2020 Qatar Airways introduces Qsuite on flights from Incheon Qatar Airways said Thursday that its new business class Qsuite will be introduced in all its flights departing Incheon International Airport. Qsuite is the airway’s business class, considered as one of the most luxurious business classes, offering customized suite room environment. It was first introduced for the Doha-London route in June 2017. All Qsuite seats can be customized. By using privacy panel, passengers can create their own room. When traveling with friends or family, the T Jan 16, 2020 Top Mahindra exec visits Korea to seek support for SsangYong Motor A top executive of Mahindra & Mahindra, the Indian auto giant that acquired SsangYong Motor in 2010, is in town to seek support for its ailing South Korean subsidiary, according to industry sources Thursday. M&M’s Managing Director Pawan Goenka’s visit to Seoul comes ahead of Ssangyong Motor’s board meeting slated for Jan. 30. He currently serves as chairman of SsangYong Motor’s board.A SsangYong Motor official told The Korea Herald that the company Jan 16, 2020 Hyundai Motor aims to sell 10,100 units of Nexo this year Hyundai Motor Group said Thursday that it aims to sell 10,100 units of the hydrogen-powered sport utility vehicle Nexo in Korea this year, with the goal of cementing its dominance in the eco-friendly vehicle market here.The Nexo sold 727 units in 2018, the year it was launched, but the number skyrocketed to 4,194 units last year. Its price begins from 68.9 million won ($59,402) in Korea. Combined with Hyundai Motor’s first commercial hydrogen fuel cell vehicle Tucson ix, accumulated Jan 16, 2020 GM Korea launches Trailblazer SUV to revive sales GM Korea Co., the South Korean unit of General Motors Co., on Thursday launched the Trailblazer sport utility vehicle as it strives to revive sales amid labor woes and weak demand.The Trailblazer comes in two versions -- a front-wheel drive version with a 1.2-liter gasoline e-turbo engine and a continuously variable transmission, and another with a 1.35-liter gasoline e-turbo engine -- GM Korea said in a statement.The 1.35 gasoline model is equipped with an all-wheel drive powertrain and a nine- Jan 15, 2020 Mahindra may seek support from KDB for SsangYong Motor: sources An executive from Indian carmaker Mahindra & Mahindra Ltd. will come to South Korea this week to discuss and seek financial support from the main creditor bank of its local unit, SsangYong Motor Co., industry sources said Wednesday.SsangYong Motor confirmed Mahindra & Mahindra Managing Director Pawan Goenka will visit Seoul on Thursday but didn‘t provide any details about his schedule here. His visit comes ahead of the sport utility vehicle-focused carmaker’s planned board me Jan 15, 2020 Genesis’ first SUV GV80 launched, threatens likes of Benz, BMW GV80 has reasonable price, “Korean luxury” design Jan 14, 2020 Kia’s Telluride chosen as 2020 North American SUV of the Year Kia’s Telluride has been named the 2020 North American Utility Vehicle of the Year, the carmaker said Tuesday, marking the first time it has been chosen as a finalist. According to Kia Motors, the Telluride beat out prominent rivals, the Hyundai Palisades and Lincoln Aviator, in the North American Car, Utility and Truck of the Year (NACTOY) awards. “The Telluride’s interior layout and design would meet luxury SUV standards, while its refined drivetrain, confident driving dynami Jan 14, 2020 Kia Motors vows W29tr to transform into EV maker Automaker unveils ‘Plan S’ to become mobility solutions provider in conjunction with Hyundai Jan 14, 2020 Mercedes-Benz vows to maintain top spot in Korea with 15 new releases German automaker attributes last year’s success to product range ‘fit’ for Koreans Jan 12, 2020 Hyundai targets sales of 1m cars annually in US by 2025 Automaker’s US subsidiary bets on new Genesis, profitable SUV models MORE 15 / 4056
