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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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Seoul Metro to seek legal action against malicious complaints
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Golden chance to liquidate babies’ gold rings?
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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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Hyundai, Kia focus on quality in Europe
Korean carmakers seek sustainable growth rather than blind pursuit of market shareFRANKFURT, Germany ― Hyundai Motor and its affiliate Kia Motors overtook Toyota Motor in their combined sales in the European market in 2010. The Korean carmakers’ aggressive sales marketing may catapult them to the level of Volkswagen and BMW in Europe. But the Hyundai Motor Group turned its eyes from market share to quality control. “Separately, Hyundai is expected to surpass the Japanese competitor in European m
Oct. 27, 2011
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[Meet the CEO] BMW Korea CEO’s secret to long reign
Kim puts priority on communication, pride in staffMunich-based BMW Group regards Korea as one of the important markets for their global management despite its small portion in Korea of the automaker’s total sales worldwide.Apart from the boom in the import vehicle market in Korea, the automobile giant’s focus on Korea appears based on its strong confidence in its Korea branch CEO Kim Hyo-joon.Last year, personnel managers at the company’s German headquarters asked the 54-year-old Korean CEO to w
Oct. 26, 2011
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[Meet the CEO] BMW shows strong confidence in Korea branch CEO
Automaker puts value on three P’s -- product, people and partnersMunich-based BMW Group regards Korea as one of the important markets for their global management despite its small portion in Korea of the automaker’s total sales worldwide.Apart from the boom in the import vehicle market in Korea, the automobile giant’s focus on Korea appears based on its strong confidence in its Korea branch CEO Kim Hyo-joon.Last year, personnel managers at the company’s German headquarters asked the 54-year-old
Oct. 26, 2011
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Korea’s domestic car market to shrink in 2012: think tank
South Korea’s domestic car market is expected to shrink for the first time in four years in 2012 mainly due to the economic slowdown and rise in household debt, an automotive think tank said Tuesday.The Korea Automotive Research Institute said sales may contract 1.1 percent to 1.58 million vehicles next year from this year’s estimate of 1.60 million units.The dip will the first time since 2008 that the domestic market fell from the previous year, the institute said.“Weak economic growth, rise in
Oct. 25, 2011
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VW likely to overtake Toyota as top carmaker in 2011
Volkswagen AG will probably become the world’s biggest carmaker this year, vaulting past Toyota Motor Corp. and General Motors Co . on gains in emerging markets.Volkswagen AG will probably become the world’s biggest carmaker this year, vaulting past Toyota Motor Corp. and General Motors Co . on gain
Oct. 25, 2011
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Hyundai exports 2m cars to Latin America
Hyundai Motor Co., South Korea’s largest automaker, said Sunday that total car exports to Latin America reached 2 million units, fueled by competitiveness in quality and successful marketing efforts.The company said the milestone, which was reached on Saturday with the loading of 800 Tucson ix sport
Oct. 23, 2011
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Import car sales to top 100,000 units in 2011
The nation’s automobile market is set to mark an epoch-making figure in import vehicle sales this year as more foreign companies’ expand their marketing and businesses here.Apart from the big four ― BMW, Mercedes-Benz, Volkswagen and Audi, new competitive players such as Nissan and Jaguar/Land Rover
Oct. 23, 2011
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GM Korea recalls nearly 100,000 cars worldwide
GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., is recalling nearly 100,000 cars globally for a faulty fuel hose in its certain model year diesel that could cause leaks and the vehicle to come to a sudden halt, the Seoul government said Thursday.In South Korea alone, 32,618
Oct. 20, 2011
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Hyundai Motor unveils revamped i30 hatchback
Hyundai Motor Co., the country’s largest automaker, will begin selling a revamped version of its i30 compact car this week to help the vehicle better compete against cars such as the Volkswagen Golf, the company said Thursday.Hyundai Motor said it aims to sell 215,000 units of the i30 hatchback next
Oct. 20, 2011
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Exports of Hyundai's Equus luxury sedan surge
SEOUL, Oct. 17 (Yonhap) -- South Korea's top automaker Hyundai Motor Co. said Monday that exports of its flagship Equus passenger car have surged thanks to its globally competitive performance.The carmaker said overseas sales of its second generation Equus that was first launched in March 2009 reach
Oct. 17, 2011
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Hyundai adds cheapest car to India lineup to challenge Suzuki
Hyundai Motor Co., poised to earn the most profit among Asian carmakers this year, will step up its campaign to weaken Suzuki Motor Corp.’s loosening grip on India’s automobile market with a new hatchback.The Seoul-based company on Thursday introduced the Eon, its cheapest model in India so far, wit
Oct. 16, 2011
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Regional twists keep GM designs global: Welburn
DETROIT ― General Motors Corp. may be renowned for its mass scale of production across 140 countries, but little is known of its ability to differentiate designs across regions. GM designs are found in all regions, but there are unique twists in Korea, China, Thailand and India to suit local driving
Oct. 16, 2011
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FTA boosts European car sales in Korea
European carmakers have far surpassed Korean companies in vehicle sales growth since the implementation of the Korea-EU Free Trade Agreement on July 1.Hyundai Motor and its affiliate Kia Motors saw their yearly sales growth inch up 2.7 percent at home, according to the Korea Automobile Research Inst
Oct. 9, 2011
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BMW strives to enlarge Mini market with new cabriolet
Boris Knoblich is one of the reasons why Bayerische Motoren Werke AG is struggling to create a bigger market for the Mini. The 37-year-old media consultant from Berlin doesn’t have the Munich-based manufacturer’s urban car brand on his shopping list, rejecting the new two-seater Mini coupe that his
Oct. 9, 2011
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Hyundai SUV picked as testbed for European fuel cell undertaking
Hyundai Motor Co.’s Tucson ix has been selected as the sole fuel cell testbed vehicle for Europe, Hyundai Motor Group said last week.The automotive group, whose flagship companies include Hyundai and Kia Motors Corp., said the selection by the European Union parliament showcases the competitiveness
Oct. 9, 2011
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BMW strives to enlarge Mini market with coupe
Boris Knoblich is one of the reasons why Bayerische Motoren Werke AG is struggling to create a bigger market for the Mini. The 37-year-old media consultant from Berlin doesn’t have the Munich-based manufacturer’s urban car brand on his shopping list, rejecting the new two-seater Mini coupe that his
Oct. 9, 2011
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Hyundai SUV picked as testbed for European fuel cell undertaking
Hyundai Motor Co.’s Tucson ix has been selected as the sole fuel cell testbed vehicle for Europe, Hyundai Motor Group said last week.The automotive group, whose flagship companies include Hyundai and Kia Motors Corp., said the selection by the European Union parliament showcases the competitiveness
Oct. 9, 2011
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Renault Samsung holds safety drive
Renault Samsung Motors held a “safe school zone” campaign on Thursday as part of a social responsibility drive by CEO Francois Provost.It was the first public event in Korea by Provost, who took the helm of the automaker last month.The CEO participated in the campaign to encourage drivers to lower t
Oct. 6, 2011
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Hyundai Motor kicks off R&D show
Hyundai Motor and its affiliate Kia Motors kicked off an event Wednesday that will present auto parts producers the opportunity to compare technologies among vehicles made by global carmakers.The event, dubbed “R&D Motor Show,” will exhibit 25 vehicles from Hyundai-Kia and 85 of their competitors ve
Oct. 5, 2011
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Carmakers enjoy sales boost in Sept.
Hyundai Motor Co., Korea’s leading automaker, said Tuesday that its September sales jumped 14.1 percent from a year earlier, fueled by strong overseas demand for its vehicles.The carmaker said it sold a total of 359,560 vehicles last month, with overseas sales soaring 17.4 percent on-year to 303,307
Oct. 4, 2011