Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Seoul Metro to seek legal action against malicious complaints
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Hyundai unveils its first plug-in hybrid
South Korea's top carmaker Hyundai Motor Co. took the wraps off of its Sonata plug-in hybrid electric vehicle (PHEV) at a motor show in the U.S. on Monday (local time), its first-ever car that can be recharged to run on both gasoline and electricity."The Sonata Plug-in Hybrid is a first of its kind engineered and built by a South Korean company, and will be a symbol of our outstanding green vehicle technology," said Vice Chairman Chung Eui-sun of Hyundai Motor.The company released the details of
Jan. 13, 2015
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Ssangyong Motor to rehire former workers if business turns around
Ssangyong Motor Co. will consider rehiring workers who had left the company five years ago if the automaker turns a steady profit, the head of the automaker's parent group said Tuesday.Mahindra Group Chairman Anand Mahindra came to South Korea to celebrate the launch of the Tivoli small-size SUV, the first new vehicle launched by Ssangyong since it was purchased by India's Mahindra & Mahindra Ltd. in 2011."If the Tivoli is successful and if the turnaround of Ssangyong is successful, then I assur
Jan. 13, 2015
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Kia Motors aims to sell 20,000 Sorento SUVs in China
Kia Motors Corp., South Korea's second-largest carmaker, said Monday it aims to sell 20,000 Sorento sport-utility vehicles in China this year as it seeks to win a bigger slice of the fast-growing SUV market here.The revamped Sorento, which is offered with either a 2.4-liter gasoline or 2.2-liter diesel engine, is produced at Kia's plant in South Korea and imported to China, the carmaker said in a statement.Kia, an affiliate of Hyundai Motor Co., began selling the revamped Sorento earlier in the
Jan. 12, 2015
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Hybrid car sales of Hyundai, Kia up nearly tenfold in 6 years
South Korea's top carmaker, Hyundai Motor Co., and its sister affiliate, Kia Motors Corp., saw sales of their hybrids grow nearly tenfold over the past six years, data showed Monday, as the firms continue to churn out various eco-friendly options for buyers.The two automakers sold a combined 62,648 units of their hybrid cars in their home market and in the United States last year, compared to the 6,312 units registered in 2009, according to industry data. Of the figure, 34,828 units were sold in
Jan. 12, 2015
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Hyundai, Kia see sales top 90m cars
South Korea’s top automaker Hyundai Motor and its sister affiliate Kia Motors have sold a combined 90 million cars since their beginnings 50 years ago, industry data showed Sunday.As of last year, the two sold a cumulative 89.9 million vehicles domestically and internationally, including cars made overseas, according to the data.That translates into about 167,000 cars sold every week on average. It also means the two firms most likely reached the 90 million milestone within this past week, accor
Jan. 11, 2015
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Auto exports dip for 2nd year in 2014
South Korea’s auto exports fell for the second straight year in 2014 due mainly to sluggish markets in Eastern Europe and Latin America, government data showed Sunday.Overseas shipments of vehicles stood at 3.06 million units last year, down 0.9 percent from the previous year, according to the data by the Ministry of Trade, Industry and Energy. The ministry attributed the decline to weak exports to Eastern Europe as well as South and Central America and the European Union.Shipments to Eastern Eu
Jan. 11, 2015
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LG, Daimler heads meet at CES
LG Electronics CEO and vice chairman Koo Bon-joon and Daimler chairman Dieter Zetsche met at the International Consumer Electronics Show in Las Vegas last week in the latest move to expand their ties. Given Mercedes-Benz’s recent push for driverless cars, industry watchers said automated systems for vehicles were likely the key topic of the meeting on Jan. 6. “We have discussed ways to further expand ties between us,” Koo, the LG chief, told reporters after the one-hour meeting made at the CES e
Jan. 11, 2015
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Coming to a car near you: Auto technology at CES
LAS VEGAS (AP) ― Self-driving cars garner much of the attention, but in reality, we’re years away from tooling around in something like Knight Rider’s KITT. Coming sooner to a car near you: smartphone apps on dash displays, cruise control that adapts to cars around it, remote engine starting and more. At International CES in Las Vegas this week, 10 automakers and numerous suppliers unveiled technological features that will find their way into cars in the distant and not-so-distant future. Here’s
Jan. 11, 2015
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BMW Korea launches winter driving program
BMW Korea on Tuesday launched its Winter Driving Program at its driving center on Yeongjongdo Island, Incheon, to entertain motor enthusiasts with seasonal activities until the end of February. Aimed at offering winter driving experiences, the participants will be able to acquire and refine their winter driving skills on a snowy multipurpose road under the guidance of professional instructors ― Snow Basic ― or get firsthand experience drifting in high-performance BMW M vehicles on the snow-cover
Jan. 11, 2015
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Bring on the glitz: What to expect at Detroit auto show
DETROIT (AP) ― A walk around the floor of the North American International Auto Show in Detroit leaves you with one message: The U.S. auto industry, which nearly collapsed six years ago, is back with as much flash as ever.Multistory exhibits have been under construction since October. There are giant video screens, including one that is 140-foot-long at the Infiniti stand. And there’s an elaborate Buick exhibit with two-story arches strong enough to hold the company’s new convertible above the g
Jan. 11, 2015
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Hyundai Motor's Sonata awarded for best economic performance in U.S.
Hyundai Motor Co., South Korea's top automaker, said Friday its all-new Sonata has been chosen in the U.S. as the car with the best economic performance.The new Sonata, unveiled last spring, won the "2015 Best Economic Performance Award" in the full-size segment by the Automotive Science Group (ASG), a U.S. auto review organization, according to Hyundai Motor.The ASG announces the winners every year based on the lowest maintenance cost by taking into consideration fuel efficiency, insurance paym
Jan. 9, 2015
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Hyundai Motor begins selling new Accent diesel with double clutch transmission
Hyundai Motor Co., South Korea's largest automaker, said Thursday it started selling the refreshed Accent diesel subcompact equipped with its own transmission technology that guarantees better fuel efficiency and a sporty driving experience. The Accent diesel adopts the seven-speed "Double Clutch Transmission" for the first time for a domestically-produced model.It applies two separate clutches to improve response time and lower noise. The transmission, developed by Hyundai Motor, will help imp
Jan. 8, 2015
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Kia launches revamped mini subcompact cars in home market
Kia Motors Corp., South Korea's No. 2 automaker, said Thursday it has launched the refreshed versions of its two mini subcompact cars -- the Morning and the Ray -- on its home turf, with focus on a safer and more convenient driving experience. The carmaker said it has included several safety features as standard setups in "The New Morning," such as tire pressure monitoring systems (TPMS) as well as vehicle stability management, which helps keep directional steadiness when the car suddenly accele
Jan. 8, 2015
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Foreign car sales hit record high
In contrast to the stagnant growth of major domestic carmakers, sales of imported cars in the Korean market jumped 25.5 percent to a record high of 196,359 vehicles last year over the previous year, data showed Wednesday.The growth marks an upward trend for the fifth consecutive year, according to the Korea Automobile Importers and Distributors Association. “It is a matter of time before we see the number of registered foreign cars exceeded 200,000 early this year,’’ an industry insider said, ad
Jan. 7, 2015
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(Photo News) Technology show
President and CEO of consumer electronics at Samsung Electronics Yoon Boo-keun delivers a keynote address at the 2015 International CES at The Venetian Las Vegas in Las Vegas, Nevada, Monday. (AFP-Yonhap)
Jan. 6, 2015
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Hyundai Motor to invest W81tr by 2018
Hyundai Motor Group, the world’s fifth-largest automaker, said Tuesday it would invest about 81 trillion won ($73 billion) over the next four years to improve facilities, expand production lines, develop core technologies for smart and green cars, and construct its headquarters building. Under the investment road map, the automaker is expected to spend an annual average of 20.2 trillion won through 2018, which would surpass its previous high of 14.9 trillion won in 2014.Hyundai Motor’s new inves
Jan. 6, 2015
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LG reveals new G Flex 2 curved smartphone at CES
South Korea's No. 2 tech giant LG Electronics Inc. on Tuesday rolled out its new curved-style smartphone at the Consumer Electronics Show (CES) in Las Vegas, with updated features from the original G Flex first showcased in 2013.The G Flex 2, featuring a 5.5-inch display that curves inward from top to bottom, is slightly smaller than its 6-inch predecessor. The smartphone will become available in the home market this month and gradually reach overseas markets later this year.Equipped with a full
Jan. 6, 2015
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Renault Samsung debuts new SM5
Renault Samsung Motors unveiled the SM5 Nova, the latest edition of its flagship mid-size premium sedan, on Monday in Seoul to continue its sales momentum. The SM5 Nova adopts Renault’s new brand identity and boasts technological prowess and better fuel efficiency, the company said. The carmaker raised hopes for a repeat of last year’s success of the small crossover sport utility vehicle QM3 with the SM5 Nova this year. The success of the QM3 boosted Renault Samsung’s sales at home last year. Th
Jan. 5, 2015
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Mercedes-Benz: How about a little luxury?
Mercedes-Benz, which has nurtured royalists based on E- and S-Class large sedans here, is more recently whipping up small-size artful models into the Korean market. A less-is-more mentality is taking root in everything from food to fashion. The luxury car is no exception. Of the nation’s soaring import car market, vehicles with an engine capacity of 2,000cc or less now make up more than 50 percent of total sales. Compared to its German rivals BMW and Audi, Mercedes-Benz had shown less vigor in p
Jan. 4, 2015
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[Herald Interview] ‘Eco-friendly cars key despite cheap oil’
Despite the decline in oil prices and its effect on consumer confidence, the global green car market will continue to prosper, an analyst said.“The need for better environmentally friendly cars transcends economic costs. The words of Chinese President Xi and U.S. President Obama reflect the fact that regardless of the energy cost, there is a drive for regulation,” said James Chao, director of Asia-Pacific at IHS Automotive Advisory Services. “The falling oil price may have affected consumers. Bu
Jan. 4, 2015