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Keywords: HYUNDAI


Raid at U.S. factory: Over 300 South Koreans affected, says Seoul

The South Korean government reported on Saturday that more than 300 of the 475 people arrested Thursday in a U.S. automobile battery factory are South Korean nationals, expressing “deep concern” over the incident. “Over 300 are likely our citizens,” said South Korean Foreign......

Hyundai Rotem eyes role in Morocco’s ambitious railway expansion plan

Hyundai Rotem has expressed strong interest in contributing to Morocco’s comprehensive railway expansion under the country’s Rail Plan 2040. Jeong Hoon Kim, Head of Real Solutions at Hyundai Rotem, hailed Morocco's stable business environment and its growing appeal to foreign investors. Speaking......

Morocco seeks to establish Africa's largest shipyard in Casablanca

Morocco’s National Ports Agency (ANP) has initiated an international tender for a 30-year concession to operate what will become Africa’s largest shipyard in Casablanca. This ambitious project, valued at $300 million, aims to replicate Morocco’s success in automotive manufacturing by......

Morocco and South Korea expand ties through major rail deal

In a recent interview with The Korea Times, Chafik Rachadi, Morocco’s ambassador to South Korea, highlighted the deepening economic relations between Rabat and Seoul, underscored by a landmark $1.5 billion agreement between Morocco’s national railway operator (ONCF) and Hyundai Rotem. Ambassador......

Hyundai Rotem secures landmark $1.5 billion deal to supply double-decker trains in Morocco

Hyundai Rotem has signed a historic $1.5 billion (2.2 trillion won) contract with Morocco’s National Railways Office (ONCF) to supply double-decker trains, marking the largest order ever secured by the South Korean company. The agreement, announced on Wednesday, underscores a significant step in......

Tragic highway collapse in South Korea claims four lives

A construction site disaster in South Korea led to the deaths of four individuals and left six others injured when parts of an elevated highway collapsed on Tuesday, according to fire authorities. The incident occurred in Anseong, a city located about 65 km (40 miles) south of Seoul, where ten workers......

Morocco narrows down train manufacturing bid to CAF and Hyundai

Morocco is nearing a decision in its ambitious plan to procure 150 regional and commuter trains, with the Spanish company Construcciones y Auxiliar de Ferrocarriles (CAF) and South Korea’s Hyundai Rotem emerging as the final contenders. This follows the exclusion of Talgo, Alstom, and the Chinese......

Hyundai Introduces Affordable Electric Vehicle to Tap Japan’s Hesitant EV Market

CHIBA, Japan, Jan 10 – South Korea's Hyundai Motor has unveiled its most affordable compact electric vehicle (EV) in Japan, aiming to challenge a market traditionally dominated by local automakers specializing in petrol and hybrid technologies. The new Hyundai Inster represents the company’s......

Global Chinese Motors Appoints Abdelhak Khadraoui as General Manager

Global Chinese Motors has announced the appointment of Moroccan Abdelhak Khadraoui as the new General Manager of the company. Khadraoui's extensive experience in the automotive industry is expected to drive the Bugshan Automotive Group subsidiary to new heights. This leadership change follows a successful......