Mercedes-Benz Korea said Tuesday it has officially launched new models for its revamped E-Class -- two Coupe models and a Cabriolet -- completing the lineup of its bestselling luxury sedan family. The automaker presented a four-seater coupe, the new Mercedes-Benz E 450 Coupe, and the high-performance AMG variant, the new Mercedes-AMG E 53 4Matic+ Coupe. Also launched was a four-seater open-top model, the new Mercedes-Benz E 450 4Matic Cabriolet. The launch of the new E-Class Coupe and E-Class

Injunction filed by KCGI turned down; acquisition to be completed by June, 2021

SsangYong Motor Co. said Tuesday its sales jumped 10 percent last month from a year earlier, helped by increased exports. SsangYong Motor sold 11,859 vehicles in November, up from 10,754 units a year ago due to strong overseas demand for its SUV models despite the COVID-19 pandemic, the company said in a statement. Domestic sales rose 0.3 percent to 9,270 units from 9,240 during the same period, and exports surged 71 percent to 2,589 from 1,514, it said. The SUV-focused carmaker said it wil

Volvo Cars Korea said Monday it delivered a donation of 300 million won ($271,000) to a nonprofit organization to support children with disabilities. Since 2017, Volvo Cars Korea has been working with Purme Foundation to support children with disabilities undergoing rehabilitation, the company said. The funds delivered will be used to provide assistive devices to 100 children and teenagers under 18, and for operation of a children’s rehabilitation hospital, the automaker said. &ldquo

SsangYong Motor said Monday it has gained government approval to test-run Level 3 self-driving technology for its Korando model, and will start test-driving the vehicle on regular roads next month. The autonomous vehicle of the company’s compact crossover sport utility vehicle Korando is the second model for the automaker to receive such approval, following the Tivoli Air, the company said. South Korea‘s Ministry of Land, Infrastructure and Transport has introduced a permission s

Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Monday it will resume flights to Fukuoka next month on eased entry restrictions in Japan. Jin Air will provide one flight a week on the Incheon-Fukuoka route from Tuesday mainly to meet business travel demand, the company said in a statement. The Fukuoka route was suspended nine months ago as more than 180 countries and territories strengthened entry restrictions to stem the spread of the COVID-19 pandemic. Jin Air currently

South Korea’s leading automaker and search engine platform have agreed to work together on tech services and seek partnerships with small firms. Hyundai Motor Group said Sunday that it agreed to work with Naver to cooperate in three business areas -- media and platform content, new mobility services and new business models -- and build relationships with small and midsized enterprises. Chi Young-cho, Hyundai Motor Group’s executive vice president for strategy and technology, and

South Korea's biggest carrier Korean Air Lines Co.'s planned acquisition of the debt-laden Asiana Airlines Inc. requires approval from antitrust authorities in at least four other countries, industry sources said Sunday. According to the aviation industry sources and the Fair Trade Commission (FTC), the planned merger requires review from authorities in the United States, European Union (EU), China and Japan. A failure would jeopardize the deal valued at 1.8 trillion won ($1.6 billion) that w

The number of automobiles subject to recalls topped 2 million in the first 10 months of the year, marking the fourth straight year of auto recalls exceeding the threshold, industry data showed on Sunday. According to the data, a total of 2.04 million units was subject to recalls in the January-October period, up 56.2 percent from a year earlier. Last year, a total of 2.16 million units was subject to recalls. Last week, Hyundai Motor Co., Mercedes-Benz Korea and four other companies were orde

Korean Air Lines Co., South Korea's biggest carrier, said Thursday it has received a 290 billion won ($260 million) F-16 maintenance order in the United States.  In the 10-year deal signed with the US Department of Defense, Korean Air will be in charge of maintenance, repair and overhaul (MRO) work for the life extension of the F-16 Fighting Falcon aircraft deployed to the US air forces in South Korea and Japan, the company said in a statement. The national flag carrier has been providi

Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they are set to export over 100,000 electric vehicles this year on growing demand for environment-friendly cars. Hyundai and Kia shipped a combined 98,505 EVs from January to October, jumping 71 percent from 57,517 units during the same period of last year, according to the companies. "Stricter emission rules in Europe drove up demand for all-electric and less-emitting models," a Hyundai spokesman said. Hyundai's

Hanjin, KCGI continue to butt heads over Asiana deal

General Motors Korea and its labor union reached a tentative agreement on wages Wednesday, four months after their talks began in July. According to GM Korea, the two sides came up with a draft agreement during negotiations that started Tuesday. In the tentative agreement, GM Korea promised to offer an incentive of 4 million won ($3,600) to its workers as a message of encouragement amid the COVID-19 pandemic. As the labor union asked for the management to maintain operations at the two aut

New Rexton adopts bold changes in appearance and driving assistance programs as family SUV

Hyundai Motor Co., Mercedes-Benz Korea and four other companies will voluntarily recall over 160,000 vehicles to fix faulty components, the transport ministry said Wednesday. This is the latest in a series of recalls by carmakers operating in South Korea and vehicle importers due to problems with vehicle components. The four other companies are Kia Motors Corp., Renault Samsung Motors Corp., GM Korea Co. and Daijeon Machinery Co., the Ministry of Land, Infrastructure and Transport said in a st