Most Popular
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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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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South Korea to launch space security center under spy agency
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More med professors to take day off each week while govt. urges them to stay
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Hybe refutes Ador CEO Min's denial of breach of trust
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S. Korea, Japan could consider simplified entry agreement: Seoul official
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Legoland Korea Resort to open until 9 p.m.
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Volvo Korea names new chief executive
Lee Yun-moVolvo Korea said Sunday that it named Lee Yun-mo, former executive director of after-sales service at BMW Korea, as the company’s new chief executive as of July 7.Lee, 49, is an industry veteran with more than 20 years of experience at several carmakers. He is credited with supporting the stunning growth of German luxury brand BMW in Korea over the past decade. According to the Korean unit of the Swedish carmaker, he started his career at Daewoo Auto & Technology, now GM Korea, in 1994
July 6, 2014
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New Audi A8 sedan shows off ‘Art of Progress’
The New Audi A8, released on Thursday, shouts luxury in terms of both design and performance. Hailed as the epitome of the German automaker’s slogan “Advancement through Technology,” the prestige sedan has added another theme, “The Art of Progress” ― expressed through everything from its sleek outline to its engine and fuel economy. “The New Audi A8 represents Audi’s cutting-edge technology. It actively lays out Audi’s key spirit of design, traffic comfort and drivers’ convenience,” said Johanne
July 6, 2014
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Daimler tests self-driving truck in 2025 target for sales
Daimler AG is working to introduce trucks that steer, brake and accelerate independently as early as 2025 as the world’s commercial-vehicle industry leader seeks to keep an innovative edge over competitors.The self-driving technology, adapted from features already available on Daimler’s new Mercedes-Benz S-Class luxury sedan, enabled a prototype based on the company’s Actros truck to travel by itself down a stretch of superhighway today while the driver kept his arms crossed, waved or used a tab
July 6, 2014
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Renault Samsung unveils first diesel SM5
Renault Samsung Motors on Thursday unveiled the first diesel-powered version of its best-selling sedan the SM5, pledging to renew competition in the soaring diesel car market currently dominated by German brands. The Korean unit of the France-based Renault Group called the new SM5 D a “game changer” that can challenge the existing diesel cars in the market, saying that the vehicle embodies the carmaker’s latest efforts to reduce engine size and price, and improve fuel economy. “More than 60 perc
July 3, 2014
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Hyundai’s new Grandeur raises refinement of diesel sedans
Hyundai Motor’s new Grandeur diesel aims to raise the bar for refinement in South Korea’s car market by introducing class-leading sound insulation with practical fuel economy, the automaker said Wednesday.In a test drive event arranged for the local media, South Korea’s No. 1 carmaker said the large, near-luxury sedan was designed from the outset to reduce noise, vibration and harshness, and give occupants a smooth, quiet and refined ride. The Grandeur diesel is the country’s first large sedan p
July 2, 2014
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Kumho resumes work on Georgia plant
A rendering of Kumho Tire’s planned factory in Macon, Georgia (Kumho Tire)Kumho Tire, currently in a debt workout program, said Tuesday that it was resuming the construction of its U.S. plant, which has been suspended since the 2008 financial crisis.Following approval from its creditors, the Korean tire maker said it plans to pour $413 million into the new plant in Macon, Georgia, with its completion due in early 2016. The new plant, capable of producing 4 million tires per year, will supply tir
July 1, 2014
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Hyundai Motor set to expand production at Brazil plant
SEOUL/SAO PAULO ― Hyundai Motor will be expanding production capacity at its Sao Paulo plant from this year, largely buoyed by the soaring demand for its Brazil-only compact, the HB20.According to company officials on Monday, the Korean carmaker has recently decided to build some 5,000 more cars at the plant per year, increasing its annual output to 185,000 vehicles from this year.With the planned production expansion, the carmaker hopes to meet the growing demand for its hot-selling flex-fuel h
June 30, 2014
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Foreign carmakers left confused by mileage audit
Confusion surrounding the nation’s fuel-economy audit system is deepening among foreign-based carmakers. On Thursday, the Ministry of Land, Infrastructure and Transport fined Hyundai Motor and Ssangyong Motor for reporting inaccurate fuel ratings on its Santa Fe and Korando Sport models. But on the same day, another government office, the Ministry of Trade, Industry and Energy confirmed that the discrepancies between the stated and actual gas mileages on the two Korean cars were within the legal
June 29, 2014
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Toyota to launch first hydrogen fuel cell vehicle for $69,000
Mitsuhisa Kato, executive vice president at Toyota Motor, speaks as he introduces the company’s fuel cell vehicle during a news conference in Tokyo on Wednesday. (Bloomberg)Toyota Motor’s vision of a hydrogen future will begin with a $69,000 car.That’s the price of Toyota’s new fuel cell vehicle, the world’s largest carmaker said in a statement Wednesday. The Camry-sized car will go on sale to Japanese consumers with a sticker price of about 7 million yen ($68,690) before April, followed by debu
June 29, 2014
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Mercedes-Benz Korea launches new CSR program ‘Promise’
Mercedes-Benz Korea, along with Daimler Trucks Korea, Mercedes-Benz Financial Service Korea and 11 local dealers, on Thursday announced the creation of a social responsibility program called “Mercedes-Benz Promise.”“We are excited by this opportunity to provide children and college students with an internationally-proven program developed by our German HQ,” said Adi Ofek, president of Mercedes-Benz Financial Services Korea and vice chairman of the Mercedes-Benz CSR committee. Mercedes-Benz Kore
June 29, 2014
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Audi’s understated first plug-in veers from showy BMW
Audi, the world’s second-largest maker of luxury vehicles, is betting that green-car fans are more interested in low emissions than distinctive designs.While electric autos like the BMW i3 and Tesla Model S garner interest because their styling stands out, Audi’s first plug-in hybrid is a modified version of its A3 hatchback that looks identical to the conventional model. The A3 Sportback E-Tron can drive emission free for 50 kilometers and will cost as much as 15,100 euros ($20,600) more than i
June 29, 2014
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Hyundai Motor to be fined for overstated fuel economy
The Transport Ministry on Thursday announced that it would slap fines on Hyundai Motor and Ssangyong Motor for reporting inaccurate fuel mileage ratings for their sports utility vehicles. Hyundai Motor refuted the findings, citing test results from the Trade Ministry that found they correctly stated the vehicle’s fuel economy. The Ministry of Land, Infrastructure and Transport’s gas mileage test results suggested that the Hyundai Santa Fe’s reported efficiency of 14.4 kilometers per liter was ov
June 26, 2014
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BMW i8 sports car to lure enthusiasts in Korea
The BMW i8 sports car, the German luxury carmaker’s first plug-in hybrid model, will make its Korean debut in the latter half of the year.With the consumption and emission values of a compact, BMW touts the new model as the “most progressive sports car” on the market. The i8 is the second car model of BMW’s Project i, which started in 2008 with the aim of seeking more sustainable and future-oriented mobility. Following the first full-electric compact i3, the i8 is a hybrid that combines an elect
June 26, 2014
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[Best Brand] Renault Samsung hits the spot with SM3 Neo
Renault Samsung Motors’ SM3 NeoDomestic passenger car - Renault Samsung MotorsRenault Samsung Motors Co. is expanding its presence with the compact sedan the SM3 Neo. Along with the crossover utility vehicles the QM3 and QM5 Neo, the SM3 Neo has been designed under Renault Samsung’s new design identity, accentuated by a European style. In the SM3 Neo, one of Renault Samsung’s best-selling models, LED lights with chrome bezel have been applied to the lower bumper to give the vehicle a stronger l
June 25, 2014
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Korea, U.S. pressure Hyundai
Recent comments from the Transport Ministry about an ongoing safety probe could have Hyundai Motor officials shifting in their seats.“If the investigation turns out to have substance, it could affect Hyundai Motor Group’s exports,” said Kim Ki-hwan, an official of the Transport Ministry’s motor vehicles management division.A negative finding could be devastating for the nation’s dominant carmaker, which relies on exports for the vast majority of its sales.The investigation Kim was referring to h
June 24, 2014
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Ford’s mileage refund may affect verdict on Hyundai
Ford Motor’s recent decision to compensate some 30 South Korean owners for inflated fuel efficiency ― the first of its kind here ― is likely to affect a similar verdict pending for Hyundai Motor this week. Ford announced on June 12 that it was lowering the fuel economy ratings on six new cars and would refund more than 200,000 drivers on the extra money they would spend due to lower-than-promised fuel efficiency. After the voluntary report by the Detroit-based carmaker, Korea’s Transport Ministr
June 24, 2014
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Mercedes-Benz Korea to create CSR fund
Mercedes-Benz plans to create a social responsibility fund in South Korea, where the top-selling German luxury car brand has often been criticized for being stingy in giving back to society.“Most of the funding will come directly from each car they sell. The amount would be about 0.1 percent of the actual car price,” an industry source close to the matter said Monday on the condition of anonymity. According to Korean officials, Mercedes-Benz Korea, along with two other local operations, Mercedes
June 23, 2014
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(Photo News) SM5 Diesel
Renault Samsung Motors on Monday unveiled the first diesel-powered version of its best-selling SM5 sedan. The official launch is planned for July. (Renault Samsung Motors)
June 23, 2014
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Ford to compensate Korean customers for overstated fuel efficiency
U.S. automaker Ford Motor Co. will compensate South Korean owners of vehicles for which it overstated the gas mileage, the transportation ministry said Monday.According to the Ministry of Land, Infrastructure and Transport, 30 Ford vehicles sold here have been found to have worse gas mileage than advertised. This marks the first time that local consumers will be compensated over a mileage gap.The ministry said it may fine the U.S. automaker but did not elaborate on the amount or other details.Th
June 23, 2014
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Infiniti Q50S a savvy performance hybrid
Infiniti has touted itself as a sporty and high-tech luxury alternative to German premium brands like BMW and Mercedes-Benz. It may not yet have the heritage and cachet of those rivals, but does have driving input from four-time Formula One champion Sebastian Vettel, the brand’s performance director. The Infiniti Q50S Hybrid, a hybrid sports car, is the latest offering of the Nissan-owned luxury brand that aims to renew the competition in the crowded performance hybrid market. Behind the Wheel /
June 22, 2014