The body design with light weight and enhanced safety is a key issue in the car industry. Corresponding to this trend, POSCO is developing various automotive steel products with advanced performance. Conventional advanced high strength steels such as DP and TRIP steels are now expanding their application since the steels exhibit higher strength and ductility than those of conventional solution and precipitation strengthened high strength steels. Efforts have been made to enhance the mechanical performance of these steels such as ductility, hole expansion ratio, deep drawability, etc. Current research is focused on development of extra- and ultra-AHSS. Extra-AHSS are designed to utilize nano-scale retained austenite embedded in fine bainite and martensite. Ultra-AHSS are designed to have austenite as the major phase, and the ductility is enhanced primarily by continuous strain hardening generated during forming. These steels including extra- and ultra-AHSS are believed to be the next generation automotive steels which will replace the existing high strength steels due to their extremely high strength and ductility combinations.