Red Flags for Hyundai-Toyota: Shell's Hydrogen Station Closures Signal Trouble AheadWithdrawal of the project to purchase the site of the hydrogen stationReducing working hours at charging stations currently in operation Global energy company Shell has permanently closed some of its hydrogen fueling stations in the United States. As part of its efforts to improve performance last year, the company has been downsizing its hydrogen business […]
IONNA by Hyundai, Mercedes, BMW, and More Hits the RoadObtained regulatory approval within half a year after establishment in July last yearThe goal is to construct more than 30,000 stations in North AmericaThe first charging station to open in the U.S. within the year The joint venture IONNA, established by seven automakers, including Hyundai Motor Group, BMW, and Mercedes-Benz, has launched. The company plans […]
Kia Pulls the Plug on K5 Sales in Canada Amid Declining DemandLast year, sales of 874 units decreased by 6.43% compared to the previous yearSales volume is significantly lower than local competitors in the same segment Kia is ceasing the sale of the mid-sized sedan K5 in the Canadian market. This decision is attributed to the rapidly declining local demand, which has reduced annual sales volume. […]
China's Luxury Car Market Hit Hard: Bentley, Lamborghini, and Porsche Sales SlumpLast year, Bentley, Lamborghini, and Porsche sales plummeted by double digits compared to the previous year. Last year, sales of luxury car brands like Bentley in China dropped by double digits. As the economic downturn continued, local brands rushed to target the local new energy vehicle (NEV) market, leading to a sharp decline in the […]
Hyundai-Kia Engine Fire Recall: US Authorities Conclude Investigation [TheGuru=Yoon Jinwoong] Uncertainty over Hyundai-Kia's massive recall in the United States has been resolved. Local transportation authorities have closed an engine fire risk investigation. However, the agency's investigation into a recall related to leaking brake fluid is still open...
Polish Defense Minister Signals Possible Termination of South Korea Arms DealThe Polish Minister of Defense has made remarks suggesting that a weapons deal with South Korea is not feasible, leading to heightened concerns about contract termination. The claim is that if South Korea’s finances for Poland are blocked, contract fulfillment will be nearly impossible, even though South Korean weapons have the benefit of being purchased […]
Patryk Vega's New Film 'Putin' from AIO Studio WARSAW, Poland, Feb. 7, 2024 /PRNewswire/ -- Patryk Vega, one of the most renowned directors in contemporary Polish cinema, has created a feature film titled "Putin" using deep fake technology...
NVIDIA Stock Surges 44%: Should You Invest Now? Artificial intelligence (AI) semiconductor giant Nvidia's stock price is soaring. On the New York Stock Exchange, Nvidia's stock price closed at $693.32, up 4.79% from the previous trading day.
Hyundai's IPO Move: Banking on India's Auto Boom to Replace China and RussiaWorld’s 3rd largest auto market with steep growth trendLarge-scale funding is required to secure a leading positionAn additional 1 trillion won for hydrogen and electric vehicle ecosystemIPO fund will be used to execute investments Hyundai Motor Company (Hyundai) is planning an initial public offering (IPO) of its Indian subsidiary to meet the surging demand for […]
South Korea Urged to Reduce China Dependency for Mineral Partnerships with Europe [TheGuru=Oh So-young] South Korea needs to reduce its dependence on China if it wants to strengthen mineral partnerships with Europe, including Ukraine, according to an argument. This is because Europe is also concerned about China's growing dominance in the battery minerals market...
Hyundai India Achieves Record Domestic Sales in January 2024 [TheGuru=Yoon Jin-woong] Hyundai Motor Company set a fast pace in the Indian market last month. The automaker's efforts to penetrate the domestic market with its overseas strategic small sport utility vehicle (SUV) model, the Creta, resulted in the most sales ever...
Kia's EV9 Nominated as Finalist for Women's Worldwide Car of the Year [TheGuru=Jinwoong Yoon] Kia's flagship dedicated EV model, the EV9, has been named a finalist for the 2024 Women's World Car of the Year (WWCOTY)...
Korea's KAI Achieves Milestone in Boeing A-10 Wing Structure ProjectAirframe Business Division shipped the 200 units of A-10 wing structure200 units produced within two years of initial delivery The Boeing A-10 wing structure supply project of Korea Aerospace Industries (KAI) is going smoothly. KAI focuses on fulfilling the contract by shipping 200 wing structures worth 330 billion won (approximately $278 million) scheduled to be […]
Efforts Underway to Address North Korea's Ongoing Power Shortage North Korea's power industry sector is working to restore the original performance of power generation facilities to improve the country's poor electricity situation.
Xiaomi's Entry into Electric Cars: Lei Jun's Battle for Supremacy Lei Jun, founder of Chinese smartphone giant Xiaomi, has claimed that competition in the automotive industry will be winner-take-all, unlike other executives in China's electric vehicle sector.
Disney's 100th Anniversary Collaboration: Hyundai-Honda-Vespa-Fiat [moreguru=hongseongil reporter] Global content company Walt Disney has collaborated with Hyundai Motor Co. to celebrate its 100th anniversary...
Kim Jong Un's New Vision: North Korea's Local Development Overhaul North Korea held the eighth enlarged meeting of the 19th Politburo of the Central Committee of the Workers' Party of Korea, chaired by General Secretary Kim Jong Un, to finalize a detailed plan for the "Local Development 20X10 Policy," which laid out the country's priority projects for the year...
Hyundai IONIQ 6 Is Now Cheaper Than A Tesla Model 3 [TheGuru=Jinwoong Yoon] Hyundai's electric car, the Ioniq 6, has been garnering a lot of attention in the U.S. electric car market this year. The reason is that it is the most affordable electric sedan in its class, while its performance is comparable to more expensive models...
Hyundai Expands Horizons: Luxury Base by Hudson River in NYC [TheGuru=Jinwoong Yoon] Hyundai Motor Company is opening a new base in a luxury office tower near the Hudson River in New York City. Hyundai's new office tower is located near the Hudson River in New York City.
U.S. Takes Big Step with Eco-Friendly Airplane Fuel [TheGuru=Soyoung Oh] Major US airlines are expanding their use of sustainable aviation fuel (SAF) in response to carbon neutrality. Local governments have offered significant tax incentives to support SAF production and use. The U.S. SAF market is expected to grow rapidly...
Red Flags for Hyundai-Toyota: Shell's Hydrogen Station Closures Signal Trouble Ahead Withdrawal of the project to purchase the site of the hydrogen stationReducing working hours at charging stations currently in operation Global energy company Shell has permanently closed some of its hydrogen fueling stations in the United States. As part of its efforts to improve performance last year, the company has been downsizing its hydrogen business […]
IONNA by Hyundai, Mercedes, BMW, and More Hits the Road Obtained regulatory approval within half a year after establishment in July last yearThe goal is to construct more than 30,000 stations in North AmericaThe first charging station to open in the U.S. within the year The joint venture IONNA, established by seven automakers, including Hyundai Motor Group, BMW, and Mercedes-Benz, has launched. The company plans […]
Kia Pulls the Plug on K5 Sales in Canada Amid Declining Demand Last year, sales of 874 units decreased by 6.43% compared to the previous yearSales volume is significantly lower than local competitors in the same segment Kia is ceasing the sale of the mid-sized sedan K5 in the Canadian market. This decision is attributed to the rapidly declining local demand, which has reduced annual sales volume. […]
China's Luxury Car Market Hit Hard: Bentley, Lamborghini, and Porsche Sales Slump Last year, Bentley, Lamborghini, and Porsche sales plummeted by double digits compared to the previous year. Last year, sales of luxury car brands like Bentley in China dropped by double digits. As the economic downturn continued, local brands rushed to target the local new energy vehicle (NEV) market, leading to a sharp decline in the […]
Hyundai-Kia Engine Fire Recall: US Authorities Conclude Investigation [TheGuru=Yoon Jinwoong] Uncertainty over Hyundai-Kia's massive recall in the United States has been resolved. Local transportation authorities have closed an engine fire risk investigation. However, the agency's investigation into a recall related to leaking brake fluid is still open...
Polish Defense Minister Signals Possible Termination of South Korea Arms Deal The Polish Minister of Defense has made remarks suggesting that a weapons deal with South Korea is not feasible, leading to heightened concerns about contract termination. The claim is that if South Korea’s finances for Poland are blocked, contract fulfillment will be nearly impossible, even though South Korean weapons have the benefit of being purchased […]
Patryk Vega's New Film 'Putin' from AIO Studio WARSAW, Poland, Feb. 7, 2024 /PRNewswire/ -- Patryk Vega, one of the most renowned directors in contemporary Polish cinema, has created a feature film titled "Putin" using deep fake technology...
NVIDIA Stock Surges 44%: Should You Invest Now? Artificial intelligence (AI) semiconductor giant Nvidia's stock price is soaring. On the New York Stock Exchange, Nvidia's stock price closed at $693.32, up 4.79% from the previous trading day.
Hyundai's IPO Move: Banking on India's Auto Boom to Replace China and Russia World’s 3rd largest auto market with steep growth trendLarge-scale funding is required to secure a leading positionAn additional 1 trillion won for hydrogen and electric vehicle ecosystemIPO fund will be used to execute investments Hyundai Motor Company (Hyundai) is planning an initial public offering (IPO) of its Indian subsidiary to meet the surging demand for […]
South Korea Urged to Reduce China Dependency for Mineral Partnerships with Europe [TheGuru=Oh So-young] South Korea needs to reduce its dependence on China if it wants to strengthen mineral partnerships with Europe, including Ukraine, according to an argument. This is because Europe is also concerned about China's growing dominance in the battery minerals market...
Hyundai India Achieves Record Domestic Sales in January 2024 [TheGuru=Yoon Jin-woong] Hyundai Motor Company set a fast pace in the Indian market last month. The automaker's efforts to penetrate the domestic market with its overseas strategic small sport utility vehicle (SUV) model, the Creta, resulted in the most sales ever...
Kia's EV9 Nominated as Finalist for Women's Worldwide Car of the Year [TheGuru=Jinwoong Yoon] Kia's flagship dedicated EV model, the EV9, has been named a finalist for the 2024 Women's World Car of the Year (WWCOTY)...
Korea's KAI Achieves Milestone in Boeing A-10 Wing Structure Project Airframe Business Division shipped the 200 units of A-10 wing structure200 units produced within two years of initial delivery The Boeing A-10 wing structure supply project of Korea Aerospace Industries (KAI) is going smoothly. KAI focuses on fulfilling the contract by shipping 200 wing structures worth 330 billion won (approximately $278 million) scheduled to be […]
Efforts Underway to Address North Korea's Ongoing Power Shortage North Korea's power industry sector is working to restore the original performance of power generation facilities to improve the country's poor electricity situation.
Xiaomi's Entry into Electric Cars: Lei Jun's Battle for Supremacy Lei Jun, founder of Chinese smartphone giant Xiaomi, has claimed that competition in the automotive industry will be winner-take-all, unlike other executives in China's electric vehicle sector.
Disney's 100th Anniversary Collaboration: Hyundai-Honda-Vespa-Fiat [moreguru=hongseongil reporter] Global content company Walt Disney has collaborated with Hyundai Motor Co. to celebrate its 100th anniversary...
Kim Jong Un's New Vision: North Korea's Local Development Overhaul North Korea held the eighth enlarged meeting of the 19th Politburo of the Central Committee of the Workers' Party of Korea, chaired by General Secretary Kim Jong Un, to finalize a detailed plan for the "Local Development 20X10 Policy," which laid out the country's priority projects for the year...
Hyundai IONIQ 6 Is Now Cheaper Than A Tesla Model 3 [TheGuru=Jinwoong Yoon] Hyundai's electric car, the Ioniq 6, has been garnering a lot of attention in the U.S. electric car market this year. The reason is that it is the most affordable electric sedan in its class, while its performance is comparable to more expensive models...
Hyundai Expands Horizons: Luxury Base by Hudson River in NYC [TheGuru=Jinwoong Yoon] Hyundai Motor Company is opening a new base in a luxury office tower near the Hudson River in New York City. Hyundai's new office tower is located near the Hudson River in New York City.
U.S. Takes Big Step with Eco-Friendly Airplane Fuel [TheGuru=Soyoung Oh] Major US airlines are expanding their use of sustainable aviation fuel (SAF) in response to carbon neutrality. Local governments have offered significant tax incentives to support SAF production and use. The U.S. SAF market is expected to grow rapidly...
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