3 Articles
Hyundai determined to build South Korea's tallest skyscraper

105-floor building will house offices, car theme park, hotel, concert hall

The Seoul city government said on Tuesday that it has approved the long-delayed construction of Hyundai Motor Group's new headquarters in the affluent district of Gangnam, which is set to be South Korea's tallest skyscraper when completed in 2026. The 569-meter building will break ground in the first half of 2020, Seoul city said in a statement. The approval came more than four years after Hyundai Motor Group, South Korea's second-largest conglomerate, offered to purchase the site with $10 bil

Tariffs on cars from EU, Japan and Korea 'may not be necessary'

The U.S. must decide by Nov. 14 whether to impose national security tariffs

Hyundai will invest $35 billion in autonomy and emerging technologies

South Korea announces plan 'to revitalize the economy and create new jobs'

Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that has also received government backing. The plan, which Hyundai said encompasses autonomous, connected and electric cars as well as technology for ride-sharing, comes after the automaker and two of its affiliates announced an investment of $1.6 billion in a venture with