Most Popular
-
1
[KH Explains] No more 'Michael' at Kakao Games
-
2
Yoon, Lee end first talks with differences, agree to meet more
-
3
What is Hybe’s next move?
-
4
China outpaces Korea in smaller OLED shipments for 1st time
-
5
[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
-
6
[Herald Interview] Mom’s Touch seeks to replicate success in Japan
-
7
Police to open alleged stalking probe over pastor over Dior bag scandal
-
8
'Queen of Tears' finale sets record viewership ratings as tvN's most-watched series ending
-
9
[News Focus] Lee tells Yoon that he has governed without political dialogue
-
10
KT launches new mobile plans for foreign residents
-
Kia releases subcompact sedan tailored for China
Dongfeng Yueda Kia, a joint venture between Kia Motors and Dongfeng Motor, released the Pegas subcompact sedan designed exclusively for the Chinese market to improve sales there, the company said Wednesday.The sedan unveiled at the 2017 Auto Shanghai show targets Chinese urban drivers looking for an economical and efficient first car.Boasting maximum safety among cars in the same segment, the rear disc brakes and back warning system and immobilizer are installed in key trims, the company said. D
Sept. 27, 2017
-
Volkswagen Korea names new head
Volkswagen Korea has appointed Stefan Krapp, a former marketing expert at its Seoul branch, as its new managing director, effective from Oct. 1, the company said Wednesday. Krapp replaces Thomas Kuehl whose four-year term largely involved dealing with issues related to an emissions scandal. Stefan Krapp is is named as managing director of Volkswagen Korea. (Volkswagen Korea)“Korea is one of the leading countries in the global automotive industry and (a) strategic market for (the) Volkswagen bra
Sept. 27, 2017
-
Volvo Korea rolls out SUV designed by first Korean designer
Volvo Car Korea, the local importer and distributor of the Swedish automaker, rolled out a fully changed second-generation model of the carmaker’s best-selling XC60 midsize SUV in the hope of catching up with rivals in the premium luxury auto market here, the company said.According to the Swedish carmaker, the new Volvo XC60 was made as an urban ride built on the carmaker’s latest platform and powertrain. Volvo’s first Korean designer Lee Jung-hyun focused on coming up with a sophisticated Swedi
Sept. 26, 2017
-
Hyundai opens big data center in China amid THAAD row
Hyundai Motor, the nation’s largest carmaker, said Wednesday that it has opened a big data center in Guizhou, China, as part of its efforts to expand its connected car business overseas.The information technology infrastructure in southwestern China was built to expand vehicle data processing for the development of self-driving cars and to improve customer service, it added.“Hyundai Motor‘s know-how in big data analysis coupled with Guizhou Province’s strong push into big data will surely accele
Sept. 26, 2017
-
FTC slaps W1.78b fine on Mercedes-Benz Korea, dealerships
South Korea's antitrust watchdog said Tuesday that it has slapped a combined 1.78 billion-won ($1.57 million) fine on Mercedes-Benz Korea and its dealerships for fixing labor costs for auto repairs.Mercedes-Benz Korea, the local unit and importer of German carmaker Daimler AG, allegedly suggested to eight dealerships fixing rates for labor costs in January 2009 to improve its balance sheet, according to the Fair Trade Commission. (Yonhap)A few months later, the dealers, including Hansung Motor C
Sept. 26, 2017
-
Hyundai, Kia to debut new cars in China to tackle sliding sales
South Korea's leading automakers Hyundai Motor Co. and Kia Motors Corp. are poised to unveil a series of new cars in China in a bid to help revive slumping sales in the world's top auto market, sources said Tuesday.Industry leader Hyundai Motor and its smaller affiliate Kia Motors have been struggling with plunging sales in China since late last year due to a Seoul-Beijing row over the deployment of an advanced US missile defense system here, which China considers a security threat. This photo p
Sept. 26, 2017
-
Hyundai, Kia's brand value up on technology, innovation
The brand value of South Korea's top two automakers -- Hyundai Motor Co. and Kia Motors Corp. -- rose this year due to their investments in future car technologies and design innovation, respectively, industry data showed on Monday.In the Interbrand Best Global Brands 2017 rankings, Hyundai Motor ranked 35th, with its brand value rising 5.1 percent to $13.2 billion this year from $12.5 billion a year earlier. (Yonhap)"Hyundai Motor is working incredibly hard to realize its vision for Future Mobi
Sept. 25, 2017
-
Hyundai Mobis supplies parts worth $4.8b for US, China
Until August this year, Hyundai Mobis, South Korea’s biggest auto parts maker by sales, has sealed orders worth a total $4.8 billion in the US and China between, up about five times compared to last year, the company said Monday. “The orders are meaningful in that they were made on quality recognition of our products among partners in North America and China,” said an official of Hyundai Mobis.Last year’s annual total had reached $1 billion. The company does not have more orders to close in the
Sept. 25, 2017
-
THAAD row could have impact on Korea's auto sector: Moody’s
Global rating agency Moody's Investors Service said Monday political tensions between South Korea and China over the deployment of an advanced US missile shield system could have some negative impact on the automotive sector here, though it expected the impact to be manageable. Moody's didn't expect the diplomatic rows with China to cause any immediate change in the ratings of three Moody's-rated auto industry companies -- Hyundai Motor Co., Kia Motors Corp. and Hyundai Mobis Co. -- given their
Sept. 25, 2017
-
VW enters 2nd round of recall in Korea
Audi Volkswagen Korea Ltd. said Monday it has entered the second round of a recall of its vehicles affected by the diesel emissions scandal, a move designed to regain consumer confidence. In an extended recall that began Monday, the South Korean unit of Volkswagen Group will carry out a software update on a total of 82,291 units of its Volkswagen and Audi models equipped with the emissions-cheating 2.0-liter EA189 diesel engine, Audi Volkswagen Korea said in a statement. "The software update for
Sept. 25, 2017
-
RVs account for more than 50% of all Kia sales in Korea
Kia Motors Corp. said Monday recreational vehicles accounted for more than 50 percent of its overall sales in the January-August period this year. Over the eight months, Kia sold 296,280 passenger vehicles in the domestic market. RVs accounted for 51.7 percent of that total, or 153,255 units, a company spokesman said.Going forward, the country's second-biggest carmaker plans to strengthen its product lineup with upgraded or new RVs to meet growing consumer demand, he said.RVs include sport utili
Sept. 25, 2017
-
Nissan finds key in efficiency for new Pathfinder
Riding on the higher emphasis of work and life balance in South Korea, Nissan Korea features the new Pathfinder that was first introduced in the market in 2014, when the family-focused sports utility vehicle market was relatively premature.Pathfinder, the Japanese automaker’s representative large seven-seat SUV, is fit for running off-road while securing an increasingly spacious interior, convenient features and strong performance with each generation of the vehicle. Nissan's new Pathfinder (Nis
Sept. 24, 2017
-
Renault’s New QM3 pays attention to details
Subtle yet sophisticated upgrades in design and closer attention to detail will continue to set Renault Samsung’s New QM3 apart from other small sports utility vehicles, the company said.The South Korean unit of French carmaker Renault had launched the revamped QM3 in July this year in hopes of continuing its QM3 popularity since 2013.Renault Samsung's New QM3 (Renault Samsung)The New QM3 comes with a unique interior with upgraded details, according to the company. Eco-friendly thermoplastic ole
Sept. 24, 2017
-
[Behind the Wheel] Genesis G70: more than a sports sedan
It all started with one question: Is the Genesis G70 comparable to a BMW 3 series or an Audi A4? Will it break the German dominance of the compact luxury sedan segment? Undoubtedly, the Genesis G70 is designed to fit into the arena of luxury sedans and targets the same customer category as those who are considering a Mercedes C Class sedan, rather than a specific age or gender group. But the biggest reason to pick the G70 over its German rivals can be summed up in two words: It’s different.The G
Sept. 24, 2017
-
Tesla Model S 90D to receive subsidies in Korea
The Ministry of Environment has finalized subsidies for Telsa Model S 90D sedans based on eased regulations for the total time it takes to fully charge the electric vehicle, the ministry said Friday. Prior to the change in July, the 14 million won ($12,319) central government subsidy and provincial government subsidy was limited to electric vehicles that take less than 10 hours per charge.Subsidies offered by each provincial government differs, ranging from 3 million to 12 million won. Seoul cit
Sept. 22, 2017
-
Audi Volkswagen Korea appoints new head
Audi Volkswagen Korea, the domestic distributor of the two German brands, named Rene Koneberg, the former managing director of Audi Hong Kong and Macau, as its new group managing director, the company said Friday. Koneberg replaces Johannes Thammer, who left for Germany in June, a month before his term in Seoul was to end on July 31. The Korean branch of the German carmaker was being led by two leaders including Thammer and Marcus Hellmann. Hellman, the co-group managing director, will continue
Sept. 22, 2017
-
Chinese drivers highly satisfied with Hyundai, Kia
Chinese motorists report a high level of satisfaction with vehicles and service provided by Hyundai Motor and Kia Motors, according to a survey by China Association for Quality.Beijing Hyundai topped the sales service category in this year’s China Automobile Customer Satisfaction Index jointly with SAIC Volkswagen and GAC Toyota for the fourth consecutive year, the company said Thursday.Despite Korea’s frosty ties with China, Dongfeng Yueda Kia also came third in the sales service category. Rela
Sept. 21, 2017
-
Hyundai Motor Genesis G70 sees brisk sales start
Hyundai Motor has received a total of 2,100 orders for its newly launched Genesis G70 sports sedan in the first day of sales on Wednesday, the company said Thursday.This is around 42 percent of this year’s sales target of 5,000 units, and threefold the average monthly sales of other European rivals last year in premium vehicle market. Hyundai Motor's Genesis G70 (Hyundai Motor)Following the launch, Hyundai Motor aims to sell 15,000 units next year here in Korea.Hyundai Motor as well plans to lau
Sept. 21, 2017
-
Kia expects to shift to operating loss in H2
Kia Motors Corp. said Thursday it expects to swing to an operating loss in the second half of this year due to declining sales and huge one-off costs. In the first half, the affiliate of Hyundai Motor Co. already suffered a 44 percent on-year decline in operating profit to 786.8 billion won ($695 million) largely affected by sharp sales declines in China amid bilateral diplomatic rows. As it plans to reflect 1 trillion won worth of one-off expenses in its third-quarter bottom line, Kia Motors sa
Sept. 21, 2017
-
SK Telecom tests self-driving automobile on highway
SK Telecom Co. said Thursday it successfully tested its self-driving automobile on the highway, taking a step closer toward the development of a full autonomous vehicle.South Korea's No. 1 mobile carrier said its self-driving automobile ran 26 kilometers earlier in the day with an average speed of 47 km/h from Seoul to Suwon with two passengers on board. (Yonhap)The maximum speed of self-driving cars in South Korea is currently set at 80 km/h.SK Telecom said the car increased its speed only when
Sept. 21, 2017