Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[KH Explains] No more 'Michael' at Kakao Games
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Rapper jailed after public street fight with another rapper
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Med schools expect 1,500+ new admission slots next year
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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KT launches new mobile plans for foreign residents
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Automakers poised to wage war over small SUVs
Automakers in South Korea are expected to vie fiercely for a bigger slice of the market for subcompact sport utility vehicles following Hyundai Motor Co.'s entry into the fast-growing segment, analysts said Wednesday.In an extravagant rollout in Seoul, South Korea's leading automaker Hyundai unveiled its first subcompact SUV Kona in an effort to bolster its SUV lineup amid growing demand for recreational vehicles. Hyundai's move comes amid surging sales of subcompact SUVs in the country, led by
June 14, 2017
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Hyundai’s new Kona to fuel small SUV boom
Hyundai Motor, South Korea’s No. 1 automotive company, on Tuesday held a world premiere of its first-ever small sports utility vehicle Kona, fueling further competition among automakers amid a worldwide boom in B-segment SUVs.“Hyundai Motor tried to create a value unique to the Kona that encompasses optimal technology and passion (based) on thorough market research, rather than rushing into the market,” said Chung Eui-sun, vice chairman of Hyundai Motor Group, at the world premiere event held at
June 13, 2017
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Hyundai, Kia to carry out recall of 238,321 units
Hyundai Motor and Kia Motors, South Korea’s top two automotive companies, will carry out recalls of 238,321 cars across 12 models, the government said Monday.The automakers submitted their recall plans to the ministry last week and shared the plans to carry out the recalls.The automakers‘ latest action came after the forced recall order from the Ministry of Land, Infrastructure and Transport last month due to five cases of defects being found. (Yonhap)The concerned models are: Hyundai’s luxury G
June 12, 2017
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GM Korea adds Trax SUV to boost sales
GM Korea Co. on Monday added upgraded versions of the compact Trax sport-utility vehicle to its lineup to boost lackluster sales here.The South Korean unit of General Motors Co. has begun to take preorders of the 1.4-liter gasoline turbo-engine Trax SUV with a six-speed manual gearbox and the 1.6-liter diesel-powered model, GM Korea said in a statement. (GM Korea)The manual-based model has been added to offer the "fun of driving" to its customers who prefer recreational vehicles, the company sa
June 12, 2017
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[Behind the Wheel] Tesla Model S : Is tech becoming new luxury?
When looking at the Tesla Model S displayed at its flagship store in Seoul’s posh district of Cheongdam-dong, it feels like you are being offered a glimpse of the future. A Tesla Model S is being charged through a Supercharger installed at the underground floor of Grand InterContinental Hotel in Samsung-dong, southern Seoul. A 30-minute charge allows approximately 270 kilometers of driving. (Yonhap)Its door handles pop out automatically as if the vehicle had been waiting for you to drive it. The
June 11, 2017
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Hyundai, Kia take hit in China as Japanese carmakers reap benefits of THAAD row
The diplomatic row between Seoul and Beijing over the deployment of the US anti-missile system in the country that hurt sales of South Korean cars in China has benefited Japanese automakers, data showed Sunday.Numbers provided by local carmakers and the China Passenger Car Association showed that from March to May of this year, sales of vehicles made by Hyundai Motor Co. and its sister company Kia Motors Corp. reached 175,576 units, down 60.8 percent from 447,420 cars sold a year earlier. South
June 11, 2017
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Number of import vehicles in corporate car fleet falls to record-low levels
The number of imported vehicles in South Korea's corporate car fleet has fallen to record-low levels this year after the government enforced stricter rules on non-business use, industry data showed Sunday.According to data provided by the Korea Automobile Importers and Distributors Association, the percentage of imported cars newly registered with companies in the January-May period stood at 34.5 percent. (Yonhap)"Of the 94,397 vehicles imported, 32,581 were bought by companies in the five-month
June 11, 2017
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Kumho chairman complicates sales of Kumho Tire with new terms
Amid prolonged sales of South Korea‘s second-largest tiremaker Kumho Tire, Asiana Group Chairman Park Sam-koo has further complicated the process by pitching new terms.Kumho Industrial, the de facto holding company of Kumho Asiana Group, has officially approved Double Star, a Chinese state-run tiremaker and preferred bidder, to use the Kumho Tire trademark for 20 years and in return has suggested changes to the contract, the company said Friday. Asiana Group Chairman Park Sam-koo (Yonhap)New te
June 9, 2017
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Renault aims to sell up to 5,000 Clios in S. Korea this year
French carmaker Renault S.A. is aiming to sell up to 5,000 units of its small Clio hatchback in South Korea this year after its launch in September, the local head of Renault Samsung Motors Corp. said Friday. Renault Samsung, an 80-percent-owned unit of Renault, originally planned to place the small hatchback in the domestic market in August but the launch date was delayed by a month due to difficulties in securing the vehicles. "The Clio is among the best-selling cars in Europe. At stake is to
June 9, 2017
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Hankook Tire supplies threads for BMW M4 GT4 racing car
Hankook Tire Manufacturing Co., the world's seventh-biggest tiremaker by sales, said Friday it has begun exclusively supplying threads for BMW's M4 GT4 racing car.BMW Motorsport has selected Hankook Tire's Ventus Race tires as original equipment (OE) for the M4 GT4 equipped with a 3.0-liter turbo engine and a seven-speed dual-clutch transmission, the company said in a statement.The new BMW M4 GT4 made its debut in the ADAC Zurich 24-hour race at the Nurburgring in Germany last month, running on
June 9, 2017
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Solid driving characteristics, comfort key attributes of SsangYong's new G4 Rexton SUV
SsangYong Motor Co.'s new G4 Rexton SUV displayed solid driving characteristics and comfort on the road Friday, as the carmaker expands its lineup of off-road capable passenger cars. In a mix of urban, motorway and off-road driving that covered 120 kilometers, the G4 Rexton SUV proved itself as a capable and very stable performer helped by its sturdy body-on-frame architecture referred to as "Quad Frame" and 20-inch threads.Even at speeds hitting 140 kph on the motorway, wind and road noise lev
June 9, 2017
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Businesses concerned by Moon’s labor policy
In their first official meeting with the new government’s policy advisory panel, the Korean Chamber of Commerce and Industries on Thursday said it appears to be premature to talk about President Moon Jae-in’s labor policies, stressing that both sides need to seek “realistic measures.”“In a big picture, I think it is a bit early to carry out (Moon’s labor policies),” said KCCI Chairman Park Yong-maan to President Moon’s de facto transition team. KCCI Chairman Park Yong-maan (Yonhap)“We need to fi
June 8, 2017
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Genesis G90 named US' best luxury sedan
Hyundai Motor’s 2017 Genesis G90 luxury sedan was named the most satisfying vehicle on AutoPacific’s 21th Vehicle Satisfaction Awards, the company said Thursday.The VSAs are based on responses from some 54,000 owners of cars and light trucks released in 2016 and 2017. AutoPacific’s VSAs measure owner satisfaction with 49 separate attributes, ranging from interior comfort and styling to fuel economy and performance.Hyundai’s Genesis G90 also won the President’s Award, which is given to vehicles t
June 8, 2017
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Volvo Trucks Korea aims to take nation's No. 2 spot by 2020
The South Korean sales unit of Swedish commercial vehicle brand Volvo Trucks said Thursday it aims to become the second-largest player in the country by securing 20 percent of the market share in the next three years.At a press conference held to mark the 20th anniversary of Volvo Trucks’ operation here, its local manager Kim Young-jae said the company plans to achieve the goal by selling around 4,000 units annually, a sales volume enough to compete with domestic brands. Currently, Volvo Trucks
June 8, 2017
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Hyundai, Kia cars win top reviews from US consumers
South Korea's top two carmakers have won top marks from US industry tracker AutoPacific's consumer satisfaction survey, industry sources said Thursday.According to the tracker, Hyundai Motor Co.'s G90 flagship sedan received the top mark of 818 among luxury cars, beating other rivals, such as the Lincoln Continental and Mercedes-Benz S-Class, which earned 793 and 770, respectively. (Yonhap)Kia Motors Corp.'s K5, K7 and Sportage also won top awards in the mid-sized, large sedan and compact crosso
June 8, 2017
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Kia Stinger sports car receives strong response in Korea
Kia Motors Corp.'s Stinger sports sedan has generated a strong response in South Korea since its launch last month, with initial orders exceeding 2,700 units. Kia, the country's second-biggest carmaker by sales after Hyundai Motor Co., has added the Stinger to its lineup to enhance its brand image and compete with high-performance models, such as the Audi A4 and BMW3 series, in global markets. "Given the strong response, we expect the Stinger to boost sales amid growing interest among consumers
June 8, 2017
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Kia unveils render of its upcoming SUV before July launch
Kia Motors Corp. on Wednesday unveiled rendered images of its new subcompact sport-utility vehicle "Stonic" before its launch next month. Kia Motors, the country's second-largest carmaker by sales after Hyundai Motor Co., plans to launch the compact SUV in the domestic market in July to absorb a growing demand for small-sized recreational vehicles, the company said in a statement. A rendered image of the front of Kia's Stonic SUV (Kia Motors)The maker of the K5, K7 and K9 sedans aims to beef
June 7, 2017
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BMW the most registered import car brand in May
BMW Korea appears to be catching up with Mercedes-Benz Korea, the No. 1 importer of automobiles here, with the former topping the list of newly registered cars for two consecutive months in May, industry data showed Wednesday.Last month, a total of 5,373 units of BMW vehicles were registered here, while Mercedes-Benz Korea, the local importer and distributor of the German automaker, came in second place with 5,063 units, according to data compiled by the Korea Automobile Importers and Distributo
June 7, 2017
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Hyundai Motor USA's No.2 man resigns
Derrick Hatami, Hyundai Motor America’s vice president of sales, has stepped down, leaving a leadership vacuum in the South Korean carmaker’s US operation. This came six months after Hatami’s former boss, Dave Zuchowski, president and CEO of Hyundai Motor America, resigned amid rumors that the carmaker was holding him responsible for stalled sales growth in the US market. (Yonhap)According to local reports, Hatami was “dismissed” due to Hyundai’s declining sales, but officials from the carmaker’
June 7, 2017
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Hyundai, Baidu to jointly develop car navigation system
South Korea's top carmaker Hyundai Motor Co. said Wednesday it will work with Chinese technology giant Baidu, Inc. to develop a navigation system for its vehicles that will be sold in the world's biggest auto market. Hyundai and Baidu will jointly develop "Baidu MapAuto" and a voice recognition system called "Duer OS Auto" so the two systems can be incorporated in the carmaker's two new models to be launched in China later this year, the company said in a statement. In this photo taken on June 7
June 7, 2017