Amid escalating controversy over some BMW vehicles that allegedly caught fire without external factors here, a fire reportedly started in the engine of a Lamborghini Aventador, burning nearly half of the vehicle, according to authorities and news reports Tuesday.According to the local fire department, a car fire broke out in the rear engine of the 2013 model year Aventador on a road in Yuseong-gu, Daejeon, around 2:08 p.m. Monday. The driver pulled over to the shoulder after detecting the fire t

Hyundai Motor’s fourth-generation midsize sport utility vehicle Sante Fe is revamped for the first time in six years, geared with features for higher convenience and cutting edge safety suits.Like the Kona small SUV, the new Santa Fe also carries Hyundai’s trademark features of enlarged and contemporary exterior. The family SUV carries Hyundai’s signature hexagonal cascading grille and a composite light with light emitting diode daytime running lights placed on top of LED headlights.The enlarged

Hands Corporation, a local aluminum wheel manufacturer, will complete construction of a factory in Morocco by 2024 with aims to expand its presence in Europe, the company said Monday. The company had announced construction of the Morocco factory in August last year and the groundbreaking ceremony was held in April.“By cooperating with the Moroccan government, we will do our best to become an example of successful expansion there. Also our goal is to post 1 trillion won ($895 million) in earnings

Hyundai Oilbank, a South Korean petroleum and refinery company, will invest 2.7 trillion won ($2.4 billion) through 2021 to build a heavy feed petrochemical complex in South Chungcheong Province in a bid to diversify its business portfolio, the company said Monday.The company has forayed into olefin and polyolefin production via its affiliate Hyundai Chemical in May.The heavy feed petrochemical complex will have the capacity to produce 750,000 tons of polyethylene and 400,000 tons of polypropyle

While hinting at possible restructuring, the new chief of the nation’s largest steelmaker vowed to hire outsiders to nurture the company’s nonsteel sectors, such as bio. Choi Jeong-woo, who was named Posco’s ninth leader at a shareholders meeting Friday, said he sees opportunities for Posco in the bio sector, describing the new growth engine as “seed business.”Choi viewed Posco’s search for new business opportunities so far as a failure, and he wants to turn that around by scouting outsiders.“Mo

SK Group Chairman Chey Tae-won delivered $10 million in relief funds for victims of the massive flood in Laos, the company said Friday.“Words cannot comfort Laotians who have lost families and homes in the disaster. All-out efforts will be made for Laos to recover as soon as possible, and heal those whose hearts have been hurt,” said Chey.Chey delivered $10 million to Laos Ambassador Khamsouay Keodalavong at the Laos Embassy in Hannam-dong, central Seoul.A hydroelectric dam in Laos under constru

South Korea’s No. 1 steelmaker Posco has named former Posco Chemtech CEO Choi Jeong-woo as its ninth chairman, highlighting “With Posco” as its vision alongside possible restructuring, the company said Friday.Choi was appointed the chief of the world’s fifth-largest steel company with 97.6 percent of votes from shareholders at a general meeting of stockholders on Friday morning.“Posco needs to be armed with a new vision to leap forward in the next 100 years. Under the new vision ‘With Posco,’ we

BMW Korea, the local importer and distributor of the German luxury carmaker, will voluntarily recall 106,317 units of the 520d sedan and 41 other models due to a faulty exhaust gas recirculation module following a series of BMW engines catching fire, the government said Thursday.This is the first time in any country for BMW to recall vehicles due to flammable exhaust gas recirculation.According to the Ministry of Land, Infrastructure and Transport, fires had been set off due to defective exhaust

Posco Daewoo, the trading arm of South Korean steel giant Posco, said Thursday its executives will spend over 10 percent of their monthly income to purchase company stocks in a bid to contain a value plunge following a recent gas pipeline accident in China. Seventy-six executives are to take part in the efforts starting with next month’s pay.Shares of Posco Daewoo have dropped about 30 percent since early June due to concerns of a setback in gas supply following the explosion of a gas pipeline o

POCHEON, Gyeonggi Province -- At first, the achievements of Lee You-mi, director general of the Korea National Arboretum, as the first woman to be tapped as the chief of the organization in 2014 may simply sound genteel and classy.But just minutes into talking with Lee, there is so much more to her and her story.While the stereotype of botanists are of those examining plants in a research lab, Lee said they are in fact adventurists, setting out to explore and find rare plants in wildlife.Nicknam

Audi Korea plans to offer a roughly 40 percent markdown on its A3 low-emission diesel compact sedan to comply with low-emission vehicle sales regulated under South Korean law, the company said Wednesday.Some 3,000 units of model year 2018 A3 vehicles will be sold between 23.7 million won ($21,000) and 26.1 million won, equivalent to the price range of Hyundai’s Avante compact car. The official price range of the new compact sedan is 39.5 million won to 43.5 million won.“The exact discount rate h

LG Chem, the chemicals and biopharma business unit of South Korea’s LG Group, is carrying out corporate social responsibility activities under its slogan of being a “solution partner” to provide solutions for social minorities and entrepreneurs, the company said Tuesday.Together with LG Electronics the company runs LG Social Campus, helping social enterprises by providing loans without interest, renting out workspace and educating workers. It has provided funds of some 13 billion won ($11.4 mill

Hyundai Motor, South Korea’s largest automotive company, has signed sponsor partnerships with Italian football club A.S. Roma and German football club Hertha Berlin, the company said Tuesday.With the latest two partnerships, Hyundai has become partners with five European football clubs as part of its sports marketing efforts in the region. The auto firm is posting increasing sales in Europe, despite sluggish growth in the US and China. Andrea Crespi (second left), managing director of Hyundai Mo

Hyundai Mobis, the auto parts making unit of Hyundai Motor Group, has implemented artificial intelligence to its software screening process and document search system for improved efficiency and accuracy, the company said Sunday.The move came in line with the company’s latest efforts to shift into a software-centered company and to diversify the use of AI in research and development.The AI-based software screening system, dubbed Mobis Artificial Intelligence Software Testing, jointly made with a

PAJU, Gyeonggi Province -- Fiat Chrysler Automobiles Korea has its sights set on the sport utility vehicle market here, revamping its showrooms to be Jeep-exclusive by next year and completing the lineup with the first fully changed Compass compact SUV released in 10 years.As a model positioned between the Renegade small SUV and Cherokee midsize SUV, the new Compass targets “urban adventurers” looking for a vehicle suitable for the city and rough off-road terrain.On the SUV brand’s unique four-w

Hyundai Motor, South Korea’s leading automaker, unveiled the world’s first soon-to-be mass produced Marvel character-inspired vehicle, the Kona Iron Man edition, in partnership with the New York-based entertainment company, the company said Thursday.Through its partnership with Marvel signed in 2015, Hyundai aims to promote its brand as fun and exciting particularly among younger drivers.Poster of Hyundai’s Kona Iron Man edition jointly made with Marvel (Hyundai Motor)The Iron Man edition of Hyu

Mercedes-Benz Korea has installed electric vehicle chargers jointly developed with South Korea’s leading mobile carrier KT at its showrooms and services centers nationwide, the company said Thursday.The electric vehicle charger made for Benz’s EQ EV brand vehicles can also be used to charge electric vehicles with a single phase 5-pin socket.This is part of the automaker’s efforts to provide services that cater to local drivers in its fifth-biggest market, and to keep its position as No. 1 import

 진행자: 김보경, Paul Kerry More office workers opt for quick, grab-and-go lunch: survey주 52시간 근무제 시행 후 간편 식품 선호하는 직장인이 늘고 있습니다. 어떤 식품이 얼만큼 올랐을까요?아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2팟빵 (안드로이드): http://www.podbbang.com/ch/6638 [1] More office workers prefer quick takeout food from convenience stores or coffee chains for their lunch hour, amid changes introduced in the country’s work culture with shortened hours, industry data showed Monday.* opt fo

South Korean oil refiner SK Innovation has started a mangrove tree donation campaign on its Facebook page to restore the mangrove swamp in Vietnam, the company said Wednesday.The event aims to raise awareness of the importance of preserving the ecosystem by donating 10,000 mangrove trees until the end of this month. As of Tuesday, some 3,000 people have participated in the event, collecting over 5,000 trees in eight days.“The campaign will be funded by employees and executives of SK Innovation w

Posco’s Steel Village project was introduced as an outstanding example of corporate social activity at a high-level political forum on sustainable development hosted by Korea’s Ministry of Foreign Affairs at the UN headquarters, the company said Wednesday.Through the Steel Village project, Korea’s No. 1 steelmaker has been supporting social minorities and those whose homes have been destroyed in natural disasters with its steel products since 2014.“CSR efforts such as Posco’s Steel Village proje