Most Popular
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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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Golden chance to liquidate babies’ gold rings?
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Seoul to more than double military drones by 2026 to counter NK threats
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul alerts overseas missions to NK terror threats
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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Hyundai, Kia set modest sales goal for 2018
Hyundai Motor and Kia Motors set their combined sales target for this year at 7.55 million units on strengthened regional management and new models released, the company said Tuesday. By company, Hyundai Motor will aim to sell 701,000 vehicles at home and 3.9 million overseas, totaling 4.6 million units worldwide, according to the Data Analysis, Retrieval and Transfer service under the Financial Supervisory Service. Kia Motors has set its goal at 2.8 million vehicles worldwide by selling 520,000
Jan. 2, 2018
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Demand rises for certified pre-owned import cars
A recent trend in South Korea’s auto industry is the rise in demand for pre-owned vehicles certified by import carmakers largely due to surging overall sales of the sector.Certified pre-owned vehicles are used vehicle that have been inspected, approved and guaranteed by the manufacturer, and the concept has worked to break the stigma of poor quality attached to used cars, boosting popularity of such vehicles here. “As import car sales continue to increase, more import carmakers will start CPO pr
Jan. 1, 2018
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Hyundai annual reshuffle puts emphasis on R&D
Amid company restructuring led by creditors, Kumho Tire has officially separated from Kumho Asiana Group, the company said Friday.“Based on the Monopoly Regulation and Fair Trade Act, Kumho Tire has become a separate affiliate from Kumho Asiana Group,” the company said.The tire maker had filed for separation from Kumho Asiana Group to the Fair Trade Commission last month.Kumho Tire has also postponed wage and allowance payments for December, according to a notice sent by Kumho Tire Chairman Kim
Dec. 29, 2017
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Hyundai Motor, foreign brands ordered to recall nearly 1m vehicles: ministry
Hyundai Motor Co. and several foreign automakers will voluntarily recall nearly one million vehicles to fix faulty parts, the transport ministry said Thursday.Hyundai Motor's recall -- set to begin on Jan. 4 -- affects 510,265 units of the Sonata NF built between Jan. 5, 2004 and Dec. 12, 2013, the Ministry of Land, Infrastructure and Transport said.The ministry said 405,018 units of Grandeur TG sedans produced between Sept. 23, 2004 and Dec. 10, 2010 are also subject to the voluntary recall mov
Dec. 28, 2017
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Korea introduces driver’s license test for hearing impaired
The state-run Korea Road Traffic Authority (KoROAD) has introduced a driving test that uses a head-up display for the hearing impaired, it said Tuesday. The head-up display, or HUD, refers to technology that projects navigation information onto the windshield. It is often installed in vehicles to boost driver’s safety and convenience.Before the introduction of the latest system, a tester seated on the passenger seat had to manually give directions to a hearing-impaired applicant, KoROAD said. A
Dec. 27, 2017
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[Best Brand] Land Rover Korea expands presence in SUV market
Land Rover Korea is poised to top the country’s sport utility vehicle market based on its unique driving performance and luxury brand image.Rapidly expanding its presence, the SUV powerhouse ranked No. 3 among import carmakers by monthly sales this September, selling 1,323 units. Riding on the popularity of its all-new Discovery premium family SUV and the Range Rover Velar midsize SUV released this summer, as well as the steady-selling Discovery Sports midsize SUV, Land Rover Korea has sold 9,28
Dec. 27, 2017
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SsangYong Motor re-enters Sudan after 8 years
SsangYong Motor, the local unit of India’s Mahindra & Mahindra, will start 2018 by re-entering the lucrative Sudanese market after eight years, seeking to expand its market share in Africa, the company said Friday. The decision came after the US lifted economic sanctions against Sudan in October 2016 after some 20 years.Starting with the Korando Sports pickup truck, which will go be called Actyon Sports there, and the Korando Turismo multipurpose vehicle, the company plans to export some 2,400 u
Dec. 22, 2017
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[Behind the Wheel] Ioniq PHEV exciting and stable
The eco-friendly compact sedan Ioniq plug-in hybrid electric vehicle does not have a sporty look. Yet, it is far more exciting to drive than expected.A latecomer to the green movement, Hyundai Motor released three different versions of Ioniq. The Ioniq PHEV, tested by the Korea Herald for three days last week, is the latest in the Ioniq series targeted at mass consumers. After three consecutive days of traveling nearly 200 kilometers, the Ioniq PHEV showed fuel economy of 18.7 kilometers per lit
Dec. 22, 2017
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Hyundai completes development of voice-recognition assistant
Hyundai Motor has completed the development of a voice-recognition personal assistant jointly developed with a US tech company, and will adopt the service in cars to be released in 2019, the company said Thursday.The voice-recognition platform called Intelligent Personal Agent controls in-car systems and features, and provides information for drivers on a real-time basis, the company said in a statement.The South Korean carmaker will unveil the connected car service at the Consumer Electronics S
Dec. 21, 2017
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Hyundai Mobis developing tech preventing accidents from drowsy driving
Hyundai Mobis is developing a driverless system that would direct the vehicle to a safe area when it senses the driver dozing off, the company said Thursday.The system named departed driver rescue and exit maneuver, or DDREM, takes full control of the steering wheel when it determines that the driver is incapable of driving and leads the vehicle to the nearest road shoulder or resting area. The company aims to fully develop it by 2021, after introducing it at the Consumer Electronic Show in Las
Dec. 21, 2017
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Lexus Korea releases flagship premium hybrid
Lexus Korea released the LS 500h flagship premium hybrid sedan Wednesday in Jamsil, eastern Seoul. The premium carmaker introduced the fifth-generation model at the Geneva Motor Show in March. It took 11 years to design the fully changed LS 500h.The company highlighted during a press launch that it represents the new segment that has combined premium and hybrid models. The LS 500h flagship premium hybrid sedan (Lexus Korea)The automaker’s flagship models have been targeting the small yet lucrati
Dec. 20, 2017
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G4 Rexton takes lead in large SUV market
SsangYong Motor’s G4 Rexton led the growth of the large sport utility vehicle segment in South Korea this year, according to market data Tuesday.As of October, a total of 77,516 units of large SUVs were sold, a 29 percent increase from last year, according to data compiled by the Korean Automobile Manufacturers Association. SsangYong`s Rexton G4 (SsangYong Motor)Since its debut in May, more than 13,000 units of the G4 Rexton have been sold, taking the top position in the market segment.The G4 Re
Dec. 19, 2017
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Audi Volkswagen Korea prepares full-fledged comeback
In a bid to reclaim the No. 3 spot in the local auto market, Audi Volkswagen Korea, importer and distributor of the German vehicles, has signaled a comeback after a more than yearlong sales suspension resulting from the diesel gate emissions scandal.Last month, Audi Korea launched the R8 V10, a flagship high performance sports car, its first release in one year and three months since the S8 Plus sedan was rolled out in June last year. Models widely expected to be launched in early 2018 are Volks
Dec. 19, 2017
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Labor disputes remain unsettled at Hyundai Motor, GM Korea
The Korean auto industry is still reeling from unsettled labor disputes that are likely to extend into next year amid sluggish sales as well as the fallout from a diplomatic row with China this year. Hyundai Motor, the nation’s largest carmaker, and GM Korea, the Korean branch of the US carmaker, are unlikely to reach agreements with their respective labor unions over wages this year, according to industry watchers Monday. (Yonhap)If they fail to narrow differences in the remaining two weeks of
Dec. 18, 2017
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Korean convenience store to install Tesla EV chargers
Convenience store chain CU will provide charging stations for Tesla’s electric vehicle at four of its stores. CU announced Monday that a total of seven chargers will be installed at Gapyeong Sangcheon, Cheongpyeong Daein, Uiwang Ojeongongdan, Bibong Premium stores.The stores have been selected based on their less-than-an-hour distance from Seoul, the parking capacity, access to the high way and the suitability as a leisure driving path. (BGF Retail)Tesla Korea installed its exclusive charging e
Dec. 18, 2017
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Sales of Hyundai-Kia in China drop 30% on-year in Nov.
Hyundai Motor Group's sales in China fell nearly 30 percent in November from a year earlier due to the fallout from political tensions over the deployment of a US missile defense system in South Korea, the company said Sunday. Hyundai Motor Co. and its affiliate Kia Motors Corp., which together form the world's fifth-biggest carmaker by sales, said they sold a combined 145,015 vehicles in China last month, down 29.8 percent from a year earlier.Their sales in the first 11 months dropped 38.2 perc
Dec. 17, 2017
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Moon’s visit boosts Hyundai’s China operations
Praising Beijing Hyundai Motor as an example of growth and symbolic of economic cooperation between South Korea and China, President Moon Jae-in pledged support to remove any barriers to the operation of the joint venture during his visit to a plant in Chongqing, southwest China, Saturday.Moon’s visit to the Hyundai plant came in light of slowly recovering sentiment toward South Korean businesses in China, following hostilities over diplomatic tensions regarding the deployment of the US’ Termina
Dec. 17, 2017
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Volvo Korea aspires to sell 8,000 units in 2018
Volvo Car Korea, the local importer and distributor for the Swedish automaker, on Friday said it plans to sell 8,000 units here next year riding on the popularity of XC60 midsize SUV, XC90 large SUV and soon-to-be-launched XC40 compact SUV. “To invest in dealer networks, we need to sell about 10,000 units annually,” said Lee Yoon-mo, Volvo Car Korea CEO, during a lunch meeting with the media. “Our target sales for next year is 8,000 units. We view it as a moderate goal considering recent growth.
Dec. 15, 2017
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Carmakers ordered to recall nearly 320,000 vehicles
Six carmakers will recall nearly 320,000 vehicles in South Korea due to faulty parts, the transport ministry said Friday.This is the latest in a series of recall orders issued by the Ministry of Land, Infrastructure and Transport to both domestic and foreign carmakers.Six carmakers -- Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Maserati, Mercedes-Benz and Toyota Motor Corp. -- plan to recall 12 different models totaling 319,264 vehicles, the ministry said in a statement. (Yonhap)The model
Dec. 15, 2017
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Hyundai Mobis looks for startups with original idea
Hyundai Mobis, the auto parts unit of Hyundai Motor, will hold a technical contest for local startups in search of original technology to invest in or startups to collaborate with, the company said Thursday. Those preparing to open a startup can also register for the event named 2017 M, M standing for Mobis and mobility. Relevant sectors will include automobile, artificial intelligence, future mobility, smart city, robots and energy.“Hyundai Mobis will expand its future technologies together wit
Dec. 14, 2017