Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Medical reform committee kicks off despite boycott from doctors
-
3
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
4
DP leader says he will meet Yoon without conditions
-
5
Over 9,000 hotline calls made by stalking victims in 2023
-
6
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
-
7
Monthly users on local streaming platforms outpace Netflix, Disney+
-
8
US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
-
9
Seoul to promote luxurious side of the city
-
10
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
Lexus named most affordable luxury car
Toyota’s premium sedan brand Lexus was named the most reasonably priced luxury marque by Kelley Blue Book for the second consecutive year.Topping the “2014 5-year Cost to Own” category alongside Mazda, Lexus models had the overall lowest-projected price tag for the first five years of ownership, the car shopping data service said. In the Kelley Blue Book awards, Lexus LS and RX topped the High-End Luxury and SUV/Crossover categories, respectively. According to KBB, Lexus offsets the purchase pri
Feb. 9, 2014
-
Peugeot presses on with tie-up
The board of embattled French carmaker Peugeot reiterated Thursday that it was pressing on with a tie-up with China’s Dong Feng and the French state despite a split on the issue within the Peugeot family.Reports had emerged that chairman Thierry Peugeot and smaller shareholders were against the restructuring that would bring Peugeot an urgently needed 3 billion euro ($4.0 billion) cash injection.If completed, the plan would give Dong Feng, the French state and the Peugeot family each a 14 percen
Feb. 9, 2014
-
Honda touts progress in F1 comeback
Japanese automaker Honda said Friday it is making “steady progress” toward its return to Formula One racing in 2015.Honda said last year it would rejoin the European-dominated sport as an engine supplier to British team McLaren in a bid to revive their championship-winning partnership.“The company is making steady progress in developing the power unit,” Honda said in a statement outlining its motorsports strategy for 2014.The company is establishing its European base for F1 activity in Milton Ke
Feb. 9, 2014
-
Carmakers hope for better days at India Auto Show
Global car manufacturers jostled for attention at the opening of the Indian Auto Expo on Wednesday, attempting to revive buyers’ interest in a local market that is contracting for the first time in a decade.The giant show on the outskirts of the capital will be used to launch 69 new vehicles for the Indian market, which local and foreign carmakers still see as a future growth centre despite its present-day woes. “The first month of 2014 did not witness any improvement in the overall industry per
Feb. 9, 2014
-
Ford says car exports from U.S. up 50% since 2009
Ford Motor said strong trade partnerships are needed to maintain the company’s U.S. exports that have grown 50 percent since 2009, when auto-industry sales reached a 27-year low.Ford, the second-biggest U.S. automaker, is the nation’s largest exporter of vehicles, Joe Hinrichs, Ford’s president of the Americas, said at the Chicago Auto Show.While Ford shipped more than 370,000 vehicles out of the U.S. last year, and more than 30,000 Edge and Explorer sport-utility vehicles produced in North Amer
Feb. 9, 2014
-
Ssangyong Motor debuts LIV-1 concept SUV
Ssangyong Motor Co., South Korea’s fourth-largest carmaker, said Thursday it unveiled its LIV-1 concept sport utility vehicle for the first time outside its home turf at the 12th Delhi Auto Show underway in the Indian capital.The car, dubbed LIV-1 for Limitless Interface Vehicle, outlines the new “Nature-born 3Motion” design language of the company that has made considerable strides to capture greater market share and meet customer satisfaction in recent years.In 2013, Ssangyong’s sales surged 2
Feb. 6, 2014
-
Hankook Tire wins international design award
Hankook Tire Co., South Korea’s leading tire maker, said Thursday one of its products won a prestigious international design award in Germany.It said the Kinergy 4S was tapped by experts at the International Forum Design Award (iF) for incorporating groove and block features that are asymmetrical and yet handle all weather conditions effectively.The overall design and the use of the chemical compound silica in the materials prevents the tires from losing traction over wet roads as well as snow-
Feb. 6, 2014
-
Hyundai, Kia sales in U.S. grow in January
Hyundai Motor Group, the world’s fifth-largest automotive conglomerate, said Monday that its U.S. sales got off to a good start in January thanks to demand for its compact cars and sport utility vehicles.Hyundai Motor America and Kia Motors America, the distribution and marketing arms of the group’s flagship companies, said sales were up 1 percent and 2 percent, respectively, in the one month period, compared with a year earlier. The growth in sales numbers are in contrast to the 0.3 percent dip
Feb. 4, 2014
-
Kia’s upcoming Soul EV receives eco-friendly certification
Kia Motors Corp. said Tuesday its Soul electric vehicle, to be unveiled at the upcoming Chicago Auto Show, received an eco-friendly certification from a leading U.S. safety organization.The Soul EV, which earned the “Environmental Claim Validation” from Underwriters Laboratories, makes extensive use of bio plastics, fabrics and foam, the company said. The interior trim uses plastic based on cellulose, with bio fabrics outfitting the carpets and eco-friendly paint applied to the car. It also util
Feb. 4, 2014
-
Porsche to extend warranties for loyal customers
Porsche Korea announced Monday that it will host the 2014 Porsche Refresh Campaign, the company’s complimentary post-warranty service, for customers whose car warranty has expired.Any customer who purchased a vehicle or registered at the Porsche service centers before January 2010 will be eligible to participate in the free-of-charge inspection, the company said.The checkup will be available at any of Porsche Korea’s authorized service centers from Feb. 3 through Feb. 28 and will include a “thor
Feb. 3, 2014
-
Hyundai’s new U.S. chief confident of Genesis sales
Hyundai Motor America’s new CEO Dave Zuchowski showed confidence in promoting and selling the revamped Hyundai Genesis sedan in the all-important U.S. market in his recent visit to Korea, Seoul officials said Monday. Zuchowski, the former sales chief of the carmaker’s U.S. unit who succeeded John Krafcik as CEO on Jan. 1, arrived in Seoul on Sunday for a three-day visit with newly appointed executive vice president of sales Robert Pradzinski. According to the company, the U.S. management members
Feb. 3, 2014
-
Carmakers in heritage battle
TOKYO ― A lavishly designed two-story building stands in Tokyo’s Aoyama district, a neighborhood crowded with architectural flagship stores of luxury brands like Prada, Dior and Comme des Garcons.But the new space, which was set up in August last year, is not dedicated to designer brand clothes or bags. Named “Intersect by Lexus,” it’s a boutique cafe and restaurant themed around the luxury brand owned by Toyota Motor.“It was a pleasant surprise and is a good fit for Aoyama,” said Sachiko Sai, w
Feb. 2, 2014
-
Genesis, Soul win iF awards ahead of European launches
Hyundai Motor Group, the world’s sixth-largest automotive conglomerate, said Wednesday its new Genesis premium sedan and the second generation Soul boxy compact received international design awards ahead of their European launch in the first half of 2014.The group said the Genesis made by Hyundai Motor Co. and Soul produced by sister company Kia Motors Corp. were named product design winners in the transportation segment at the 2014 International Forum Design Award (iF) event in Germany.“The iF
Feb. 2, 2014
-
AMG beats 2017 sales goal on Mercedes compacts
Mercedes-AMG brand beat an annual delivery target four years early in 2013 as the manufacturer of high-performance cars expanded into smaller models.AMG sold about 32,200 autos last year, the Affalterbach, Germany-based unit of Daimler AG said today in a statement. That exceeds a 30,000-vehicle goal set for 2017 that the company outlined in mid-2012, when it indicated that annual deliveries were averaging 20,000.The 47-year-old business, known for its hand-built performance engines and sporty ex
Feb. 2, 2014
-
Mexico surpassing Japan in exporting autos to U.S.
Blame it on NAFTA.Japan has ranked among the top two auto exporters to the U.S. since the 1970s, shipping Toyotas, Hondas and Nissans more than 8,000 kilometers across the Pacific.The Asian nation is poised to be eclipsed this year by Mexico, which as recently as 1990 sent fewer than a quarter of a million vehicles across its northern border. Mexico’s tally will reach 1.9 million in 2015, topping Canada as the biggest exporter of cars to the world’s largest economy, consultant IHS Automotive est
Feb. 2, 2014
-
Toyota labor union to request salary increase as profit surges
Toyota Motor Corp.’s labor union is seeking a raise in workers’ base salary for the first time in five years as analysts estimate profit at Japan’s biggest manufacturer rose to a record profit this fiscal year.The workers will ask at the annual spring labor negotiations for a net 4,000 yen ($39) average increase in monthly wages and annual bonuses valued at 6.8 months’ salary, according to a statement from the union yesterday.The demand from the workers of the world’s biggest automaker comes aft
Feb. 2, 2014
-
BMW recalls over 14,000 cars in Korea
BMW Group Korea, the local importer of German automaker BMW AG, is recalling over 14,000 vehicles sold here because of faulty wiring and a defective oil pump that could impair braking, the transportation ministry said Tuesday. The faulty wiring found in over 10,000 vehicles of 12 different types could cause a failure of various lights, including turn signals, according to the Ministry of Land, Infrastructure and Transport.The recall affects a total of 11,695 vehicles, including 9,822 units of th
Jan. 28, 2014
-
GM Korea takes steps to ease downsizing concerns
Union workers at GM Korea Co.’s regional plant said Monday that they were told the management will not insist on introducing a single work shift, a measure that eases fears of downsizing among employees.The carmaker is the South Korean unit of U.S. auto giant General Motors Co. which had announced late last year that it would not be selling Chevrolet-branded cars in Europe from 2016 onward. The decision instantly raised speculation that the automaker would start layoffs in Korea, a major product
Jan. 27, 2014
-
Macan a great fit for Korea: Porsche
In Korea, where Confucianism still lingers and it’s safer to be conservative, sexy cars have yet to catch on in earnest despite a growing demand.Sales may be picking up, but it’s still rather rare to come across red-hot sports cars on the road since people seem content with buying and parking their goods in the garage, rather than flaunting them. In this sense, Porsche’s Macan series ― a compact crossover SUV ― seems to be a perfect fit for Korea. Armed with a rather affordable price and an unmi
Jan. 26, 2014
-
Toyota beats GM in 2013 as 10 million vehicles sold
Toyota Motor Corp. set a target of selling an unprecedented 10 million vehicles in 2014 after leading General Motors Co. and Volkswagen AG in global auto deliveries for a second straight year. Worldwide vehicle sales at Toyota, including deliveries from subsidiaries Hino Motors Ltd. and Daihatsu Motor Co., rose 2.4 percent to 9.98 million units last year, the Toyota City, Japan-based automaker said in a statement on Thursday. That compared with the 9.71 million units sold by GM and over 9.7 mill
Jan. 26, 2014