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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‘U.S. beef imports rise sixfold in four years’
South Korean imports of U.S. beef increased sixfold over the past four years, raising alarms for the domestic livestock industry, a lawmaker said Sunday.The volume of U.S. beef imports rose from 14,112 tons in 2007 to 84,821 tons last year, according to Rep. Kwon Kyung-seok of the ruling Grand Natio
Oct. 3, 2011
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GM Korea launches Malibu midsized sedan
GM Chevrolet’s new model, the Malibu, will debut in Korea on Tuesday, GM Korea officials said Monday. A live stream for the launch will be available online, they added.The introduction of the Malibu comes six months after the company’s announcement that the new model will go into production at the B
Oct. 3, 2011
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Volkswagen, GM lead 7.8% growth in August European car sales
Volkswagen AG, General Motors Co. and Ford Motor Co. led the first increase in European car sales in four months, helped by new models ordered earlier this year.Registrations rose 7.8 percent to 787,435 vehicles from 730,646 units a year earlier, the Brussels-based European Automobile Manufacturers
Oct. 2, 2011
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Mercedes adds C-Class coupe to U.S. line to top BMW
Daimler AG’s Mercedes-Benz, seeking to become the top-selling luxury brand in the U.S., added a two-door compact C-Class to its lineup to attract younger buyers from Bayerische Motoren Werke AG’s BMW.The C-Class coupe, which arrived at dealerships this month, may boost sales of the nameplate by as m
Oct. 2, 2011
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Kia may overtake Hyundai at home
Automaker to launch K9, K3, TAM to expand local market sharesKia Motors Corp. has been in close competition with its affiliate Hyundai Motor Co. in domestic sales, narrowing the gap between them in market share.Hyundai Motor Group is focusing on the possibility that Kia will catch up with Hyundai wi
Oct. 2, 2011
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Hyundai Motor names Kim as new president
Kim Choong-hoHyundai Motor president and co-CEO Yang Seung-suk has resigned for personal reasons and Kim Choong-ho, chief of domestic sales, will take over as new head of the automaker, the company said on Friday.Kim, 60, will be in charge of domestic sales, marketing and business strategy, part of
Sept. 30, 2011
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[URGENT] Hyundai Motor president resigns
Hyundai Motor president and co-CEO Yang Seung-suk has resigned for personal reasons and Kim Choong-ho, chief of domestic sales, will take over as new president for the automaker group, the company said on Friday.Kim Choong-hoKim, 60, will be in charge of domestic sales, marketing and business strate
Sept. 30, 2011
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Swiss, Nissan research car that reads the driver's thoughts
GENEVA (AFP) - In the future, thinking about turning left may no longer be just a thought. Japanese auto giant Nissan and a Swiss university are developing cars that scan the driver's thoughts and prepares the vehicle for the next move."The idea is to blend driver and vehicle intelligence together i
Sept. 29, 2011
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Hyundai-Kia to post record exports
Hyundai Motor and Kia Motors are about to see their yearly combined exports exceed 2 million units for the first time in 2011.In particular, the Korean won’s recent depreciation against major currencies such as the dollar and the yen will likely be a favorable factor for the automakers’ coming expor
Sept. 27, 2011
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Hyundai-Kia, GM vie for No. 2 in China
Hyundai Motor and its affiliate Kia Motors have been successful in expanding their market share in China, taking 9.7 percent of the market between January and August.The companies, ranked third in the Chinese market, have the short-term goal of overtaking General Motors which posted an 11.2 percent
Sept. 26, 2011
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Hyundai Veloster picks up where Sonata left off
Hyundai Motor Co.’s bet on edgier styling to distinguish its vehicles from competitors has paid off with two straight years of record U.S. sales. Building on those gains is about to get tougher. Emboldened by the success of cars such as the Elantra and Sonata that helped lure customers from Toyota M
Sept. 25, 2011
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Ford vows to revamp ‘beefy’ image in Asia
Ford, the world’s fifth-largest carmaker, is set for a major image makeover aimed at burying the brand’s beefy, gas-guzzling image as it tries to lure smart, fuel-conscious consumers in Asia, said Andrew Frick, vice president for Ford Export and Growth Operations.“I think perception of Ford here is
Sept. 25, 2011
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Hyundai chief bets on Europe with new models
Chung calls on automaker to take on global rivals by offering more modelsHyundai Motor Group chairman Chung Mong-koo said the company should compete with global rivals in the sluggish European market with new car models.Chairman Chung made the call during his visit to a car assembly line in Czech Re
Sept. 22, 2011
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Ssangyong aims at 20 percent of SUV market
Under new vision, automaker seeks to achieve yearly sales of 160,000 vehicles by 2013Ssangyong Motor has set the goal of pulling up its market share in the local sport utility vehicle industry to 20 percent within five years, from the current 14 percent.The automaker unveiled the local market share
Sept. 21, 2011
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Hyundai, Kia divide roles in eco cars
Hyundai to focus on hybrids, Kia on electric vehiclesHyundai Motor Group plans to carry out a role-sharing between Hyundai Motor and its affiliate Kia Motors in developing eco-friendly cars.Hyundai Motor will take on developing models of “plug-in hybrids,” which utilize rechargeable batteries, and h
Sept. 19, 2011
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Volkswagen, GM lead 7.8% growth in Aug. Europe car sales
Volkswagen AG, General Motors Co. and Ford Motor Co. led the first increase in European car sales in four months, helped by new models ordered earlier this year. Registrations rose 7.8 percent to 787,435 vehicles from 730,646 units a year earlier, the Brussels-based European Automobile Manufacturers
Sept. 18, 2011
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Ferrari is recession proof as ultra-luxury car sells out
Maserati SpA’s new sport-utility vehicle was one of the most sought-after models at the Frankfurt car show last week and Ferrari SpA predicted record sales as executives said ultra-luxury remains recession-proof.“If you go to the Ferrari stand, there aren’t any customers worried about the recession,
Sept. 18, 2011
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Volvo Korea disguising who owns it?
Volvo Cars Korea has been providing consumers with outdated information over the automaker’s ownership structure on its website for about a year.Though China-based Zhejiang Geely Holding Group completed acquisition of Swedish-founded Volvo Cars from U.S.-based Ford Motor in the third quarter of 2010
Sept. 18, 2011
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Ssangyong aims to sell 40,000 cars in Europe this year
FRANKFURT, Germany (Yonhap News) ― Ssangyong Motor Co., South Korea’s smallest automaker, aims to sell 40,000 cars in the European market in 2012 as it moves to expand its global presence, the company’s president said Tuesday.Meeting with reporters at the Frankfurt Motor Show, Ssangyong CEO Lee Yoo-
Sept. 14, 2011
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K5 hybrid listed in Guinness Book
Kia Motors said Tuesday that the hybrid-version of the K5, or Optima in the U.S., was registered in the Guinness Book of Records by recently posting about 27.5 kilometers per liter in fuel efficiency.Starting Aug 26, the automaker carried out a challenge driving of the sedan for 12,710 kilometers fo
Sept. 13, 2011