3 Articles
Official
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

Report
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

Official
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