Most Popular
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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More med professors to take day off each week while govt. urges them to stay
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South Korea to launch space security center under spy agency
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Hyundai R&D Motor Show inspires suppliers, rivals
HWASEONG, Gyeonggi Province ― Nearly 100 vehicles were displayed last week at Hyundai Motor Group’s research and development center in Hwaseong, Gyeonggi Province. Along with the latest models of Hyundai Motor and its smaller affiliate Kia Motors, half the vehicles were carrying the badges of global carmakers like Volkswagen and BMW.The Korean auto giant purchases new cars on the market every year to take a closer look. Unlike its rivals, which usually commission a small group of R&D staff for a
Oct. 19, 2014
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Porsche Korea starts maintenance campaign
Porsche Korea will launch a maintenance service campaign for classic car owners to help enhance their Porsche experience, officials said Sunday. According to the Korean unit of the German sports carmaker, any Porsche models registered before 1999 and the 989 Boxster and the 996 (now the 911) cars are subject to the campaign ― the Best Ownership Experience ― that starts Monday and continues through Nov. 8. “The service is aimed to give drivers a chance to drive Porsches at their highest performan
Oct. 19, 2014
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Ferrari fans sue Facebook, carmaker
A Swiss father and his son who gained millions of Facebook followers through their Ferrari SpA fan pages sued the social media company and the carmaker claiming they teamed up to illegally seize control of the websites.The lawsuit filed in California state court follows earlier legal spats in Europe between Olivier and Sammy Wasem and the sports car company over their “Ferrari Fan Page” and a separate “Formula 1 Vision” page.“Ferrari wanted it,” the Wasems said in a complaint filed Oct. 14 in Sa
Oct. 19, 2014
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Volkswagen to recall 581,090 cars in China after probe
Volkswagen AG will recall about 1.02 million cars in China and the U.S. to fix possible defects related to the rear suspension.Europe’s largest automaker informed the National Highway Transport Safety Administration that 400,602 Jetta sedans built from 2011 to 2013 and 41,663 Beetle models produced from 2012 to 2013 will be checked, VW spokesman Pietro Zollino said by phone.“The axle is safe,” Zollino said. “The problem can only occur with cars that had some sort of accident like a collision bef
Oct. 19, 2014
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GM top lawyer to retire for slow recall
Michael Millikin, General Motors Co.’s top lawyer, will retire next year. The general counsel had been criticized after an investigation blamed his department for the company’s slow response to a fatal defect in small cars.The company will immediately begin an external search for someone to replace Millikin, who will stay through the transition to a successor. The 66-year-old joined the Detroit-based automaker in 1977 and was appointed general counsel in 2009.GM chief executive officer Mary Barr
Oct. 19, 2014
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GM Korea celebrates 12th anniversary
GM Korea, the local unit of the U.S.-based General Motors, on Friday celebrates its 12th year in Korea. According to officials on Thursday, the company’s president and CEO Sergio Rocha visited the carmaker’s operations nationwide in Bupyeong, Gunsan, Boryeong and Changwon to host celebrations with employees this month. During the visits, Rocha discussed the company’s achievements over the past 12 years and its current challenges and future business plans overall. He also encouraged employees to
Oct. 16, 2014
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Tesla falls after Musk fails to dazzle
Tesla Motors Inc. shares dropped to their lowest level in more than two months after last night’s unveiling of an all-wheel drive Model S and driver-assisting tools.Chief executive officer Elon Musk had created a buzz around the event by tweeting about it on Oct. 1. The debut of the newest Tesla electric car went “largely as expected,” and that could potentially “take some wind out of the sails” of the more bullish investors, Bank of America wrote. The updates in part show that Tesla is playing
Oct. 12, 2014
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Lexus NX 300h offers eco-friendly ride
The Lexus NX 300h, the first-ever compact sports utility vehicle by Toyota’s premium brand, is the latest object of desire among motor enthusiasts. Launched on Oct. 6, the hybrid vehicle has an “aggressive” exterior, according to Lexus International chief designer Kato Takeaki. It boasts a kick-down feature mimicking a regular automatic transmission whenever the driver accelerates briskly. The price, ranging from 56.8 million won ($53,000) to 63.8 million won, may be an advantage for those seeki
Oct. 12, 2014
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Hyundai outpaces Porsche, Audi in brand value index
Hyundai Motor succeeded for the first time in joining the top 40 global brands as ranked by Interbrand, a leading global brand consultancy, on Thursday. The Korean carmaker ranked 40th in the latest Best Global Brand report by Interbrand, which identifies and examines the 100 most valuable global brands every year. Last year, Hyundai ranked 43rd. Its smaller affiliate Kia Motors also saw its ranking rise nine notches to 74th place this year. In 2005, Hyundai became the first Korean carmaker to b
Oct. 9, 2014
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Korean partners vital: BMW
YEONGJONGDO ISLAND, Incheon ― BMW Group on Tuesday pledged to enhance its partnerships with Korean stakeholder groups in creating a whole new ecosystem for its i Series cars and promoting the nascent electric vehicle market in general. The comments came during an e-mobility forum the German luxury carmaker held at its new driving center on Yeongjongdo Island in Incheon, with hundreds of government and industry people in attendance. The Korean event was noteworthy as BMW invited university studen
Oct. 7, 2014
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LF Sonata plug-in ‘almost indigenous’
Hyundai Motor Group vice chairman Yang Woong-chul on Tuesday said the carmaker’s up-and-coming LF Sonata plug-in hybrid electric vehicles will be released next year as scheduled, and that they would be reasonably priced as all the major parts were made at home. “We are in no hurry because we are confident of our technology. Nearly all parts, including the motor, inverter and batteries, will be made here. And this will allow us to have a high competitive edge in price,” Yang told reporters at the
Oct. 7, 2014
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Global carmakers beef up output in Hungary
BUDAPEST ― Hungarian officials were disappointed when Hyundai Motor decided to locate its European production base in the Czech Republic in 2006.In a highly publicized bidding war, the two countries closely contested for the lucrative deal. But Hungary, already home to Audi, Opel and Suzuki plants at the time, failed to defeat its regional rival.“We were very disappointed about the result,” said Gobor Simon, a director of the Hungarian Investment Promotion Agency based in Budapest, recalling the
Oct. 5, 2014
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Ferrari takes top off with 458 Speciale A
PARIS (AP) ― The top draw at Ferrari’s stand at the Paris Motor Show is its 458 Speciale A ― ‘A’ for Aperta, which means ‘open’ in Italian. It’s what’s otherwise known as a spider, with an open top to give drivers the ultimate Ferrari driving experience.Ferrari says the 458 is its most successful V8 sport Ferrari ever, and this limited edition version will no doubt add to that popularity.Inside: Carbon fiber and suede-like Alcantara materials are everywhere inside, and space is saved by clever p
Oct. 5, 2014
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AMG GT S to take on Porsche, Jaguar
PARIS (AP) ― If there’s one car that can challenge Lamborghini for drawing gaping crowds at this year’s Paris Motor Show, it’s the AMG GT S on display at Mercedes’ stand.The bright yellow sports car from Mercedes’ performance division screams speed. It’s also just the second sports car developed entirely in-house by AMG, which aims to compete in the same class as the Porsche 911 and the Jaguar F-Type. New Mercedes automobiles including the Mercedes-AMG GT (center), and Mercedes-AMG C63 automobil
Oct. 5, 2014
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Hyundai, Kia sales in China hit 9m milestone
Hyundai Motor Group said Sunday that its cumulative sales of Hyundai and Kia cars in China have exceeded 9 million units since it entered one of the world’s largest automotive markets in 2002. Thanks to the rise in demand for sports utility vehicles and compact cars, the world’s fifth-largest carmaker sold more than 1.2 million units in the first nine months of this year.According to the figures, Beijing Hyundai sold 812,399 cars and Dong Feng Yueda Kia sold 459,759 units from January to Septemb
Oct. 5, 2014
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Carmakers look to better times
PARIS (AP) ― European carmakers are hoping to impress with new models at this week’s Paris Motor Show and prove they have come out stronger from years of economic trouble and cost-cutting.The glitz of Paris has been dimmed in recent editions of the world’s oldest car show, as cash-strapped customers shunned showrooms, corporate bosses begged for bailouts and workers fought for their jobs. The auto sector has long been one of Europe’s most troubled industries and is only now emerging from a painf
Oct. 5, 2014
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Korean carmakers post strong gains in sales
Hyundai Motor, South Korea’s No. 1 automaker, said Wednesday its September sales moved up 6.7 percent from a year earlier, fueled by demand for new models and more overseas production.Company data showed 389,748 cars being sold overall last month, with domestic sales gaining 3.3 percent to 47,789. Overseas sales also did well by moving up 7.2 percent to 341,959 cars.It said cars like the new Sonata midsize and Genesis premium sedans fueled growth.Sales of the Genesis hit 27,596 units this year,
Oct. 1, 2014
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Renault Samsung SM7 joins battle for sedan supremacy
Renault Samsung Motors, the Korean unit of France-based Renault Group, aims to renew the already-fierce battle for large sedan supremacy with the SM7 Nova, a revamped version of its flagship sedan. Korean carmakers are increasingly pouring resources into marketing their pricier luxury models with the aim of restoring profits as well as building a premium-brand image. Their sales are also soaring. According to industry data, sales in the large sedan segment surged 33.1 percent to 3,219 vehicles i
Sept. 28, 2014
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Ford Focus outperforms rival diesel compacts
The Ford Focus is one of the best-selling hatchbacks in the world, with its potent diesel engine enhancing both its fuel efficiency and driving appeal.In recent years, the blue oval brand has made relentless efforts to shed its “gas-guzzler” image among Korean drivers as it launches strong diesel-powered models into the market. The Ford Focus is the carmaker’s first diesel-powered compact to hit the Korean market and has begun driving up Ford’s overall sales. Along with its sleek styling, the ca
Sept. 28, 2014
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Paris Motor Show to link cars and fashion
Soberly titled “Cars and Fashion,” the special exhibition at this year’s Paris Motor Show will spotlight around 50 iconic vehicles which left their mark not only in automotive history, but also in the annals of style. Organized in partnership with the French National Audiovisual Institute, the exhibition will be on display from Oct. 4 to 19.Presented in Hall 8 of the Porte de Versailles expo center in Paris, the exhibit will be divided into sections dedicated to some of the key periods in the hi
Sept. 28, 2014