General

Hyundai Motor’s June sales down 6.3 pct on weak domestic demand

Hyundai Motor Co., South Korea’s biggest carmaker, said Monday its June sales dropped 6.3 percent from a year earlier due to a slowdown in domestic sales.

Hyundai Motor sold 375,167 vehicles in June, down from 375,167 units a year earlier, the compa…

Hanwha Ocean wins over 2 tln-won orders for eight vessels

Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has won orders totaling 2.15 trillion won (US$1.55 billion) for eight carriers from two Middle Eastern shippers.

Hanwha Ocean will build four liquefied natural gas (LNG) ships for one un…