Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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S. Korea votes in favor of Palestinian bid for UN membership
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BMW 5 Series closer to autonomous driving
The seventh generation of the BMW 5 series (BMW)The new seventh generation of the BMW 5 series sedan highlights a high-tech driving assistance system, a step closer to autonomous driving technologies, the automaker said on Sunday. The German auto giant said the new sedan’s driving assistance system features a stereo camera, which constantly monitors the car surroundings with radar and an ultrasonic sensor. The new sedan also has a lane control assistant function to allow the car to head off the
Oct. 23, 2016
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GM Korea to introduce Bolt EV
GM Korea will display the Bolt EV, an electric subcompact car, for the first time at the Korea Electronics Show that kicks off Wednesday in Seoul, the company said Thursday.The company is the first carmaker here to participate in the exhibition and will introduce its progress in electric vehicle development. Manufactured by Chevrolet in partnership with LG Electronics, the Bolt EV was certified by the US Environmental Protection Agency to go 383 kilometers per charge. (GM Korea)On the sidelines
Oct. 21, 2016
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Court rules against consumers in class action lawsuit against Hyundai Motor Co.
A Seoul district court on Thursday ruled against a group of 1,890 consumers who have filed a class-action lawsuit against Hyundai Motor Co. over the alleged exaggeration of the gas mileage of an SUV made by the country's No. 1 automaker.The Seoul Central District Court said that as the result of the transport ministry's fuel efficiency test on the Santa Fe 2-liter diesel SUV has not been fully substantiated, the automaker cannot be seen as having violated the Automobile Management Act.Under the
Oct. 20, 2016
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Mercedes-Benz, Ford looking for global partners in Korea
Officials from global automakers Mercedes-Benz and Ford are in South Korea in search of the latest technology and auto parts that will help them in their development of next generation vehicles, a local trade agency said Wednesday.Nine officials from Mercedes-Benz and five others from Ford Motor Co. will be joined by representatives from some 100 South Korean automotive firms until Friday for one-on-one business meetings and joint seminars, according to the state-run Korea Trade-Investment Promo
Oct. 19, 2016
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Mercedes Benz to recall over 1,100 cars sold in Korea
Mercedes-Benz Korea, the local importer and distributor of the German automaker, will recall over 1,100 cars sold in South Korea for transmission-related problems, while global automaker Volvo will recall over 800 cars for waste water from air conditioners causing possible short circuits in electric units, the transportation ministry said Wednesday.According to the Ministry of Land, Infrastructure and Transport, defective wiring in certain model year Mercedes-Benz cars could prevent the gear shi
Oct. 19, 2016
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Hyundai recalls Genesis Coupes to fix air bag wiring problem
DETROIT -- Hyundai is recalling more than 84,000 cars in the US because a wiring problem can cause the front passenger air bag to malfunction.The recall covers Genesis Coupes from the 2010 to 2016 model years.The company says in government documents that an electrical connector for the passenger seat air bag sensor can become disconnected. That can cause the air bag to inflate when a child is in the seat or deploy with too little force to protect an adult. In both cases, passengers could be hurt
Oct. 18, 2016
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Hyundai Motor closes in on 10m unit sales in China
Hyundai Motor Group Chairman Chung Mong-koo said Tuesday that he would seek a fresh start in China, the world’s largest and fast-growing car market, moving away from market concerns over the fate of South Korea’s largest carmaker.At a ceremony to mark the completion of the firm’s new plant in Cangzhou, the chairman said that Hyundai would take this as an opportunity to jump forward, stressing that the factory is built to exclusively target Chinese consumers with high-quality vehicles.Hyundai Mot
Oct. 18, 2016
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Hyundai sales to see first dip in 18 years
Hyundai Motor, the nation’s largest carmaker, is expected to see its global sales decline for the first time in 18 years, due to the prolonged recession in emerging markets and slowing demand in its home turf. The carmaker had set an annual sales target of 8.13 million units in January, slightly lower than last year’s 8.2 million. But the South Korean carmaker appears to be in a difficult situation to reach that goal, some market analysts said, citing its slowing sales.As of September, the compa
Oct. 13, 2016
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SsangYong partners with Shaanxi Automobile
SsangYong Motor signed an agreement with Chinese automaker Shaanxi Automobile Group to set up a joint venture for establishing a SsangYong production plant in China, the automaker said Tuesday. The joint venture will become the Korean automaker’s first overseas production base. “It is essential to have a local plant in China to increase our competitiveness in the rapidly growing Chinese car market and to increase our sales volume,” said SsangYong Motor chief Choi Johng-sik.The company said it wo
Oct. 11, 2016
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[NEWSMAKER] Hyundai Motor struggles to contain fallout
Hyundai Motor, the world’s sixth-largest carmaker, is grappling with a series of distressing events including chronic disputes with its hard-core laborers and unfavorable market conditions. Over the years, the nation’s largest carmaker has fought to maintain a lead in the market, competing globally through investments in research and development, brand value and design. (Yonhap)Despite its stellar performance in and out of the country, the carmaker is likely to continue having it rough for a whi
Oct. 10, 2016
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Hyundai faces long journey toward hydrogen: analysts
It will be a long journey for Hyundai Motor to take a lead in hydrogen-powered vehicles due to a lack of infrastructure and progress by Japanese competitors, industry watchers said. Hyundai Motor appears to be betting on hydrogen fuel cell vehicles for its next-generation of cars, believing it will ultimately replace electric cars. In 2013, Hyundai, for the first time in the world, mass-produced the Tucson ix FCEV, which runs up to 415 kilometers on a single charge, and plans to unveil the secon
Oct. 9, 2016
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Korea's import vehicle sales continue to drop on Volkswagen woes in Sept.
Sales of imported cars in South Korea continued to drop sharply from a year earlier last month following the recent ban on sales of 80 Audi and Volkswagen car models here after an emissions scandal, industry data showed Friday.In September, 16,778 new imported cars were registered, according to the data from the Korea Automobile Importers and Distributors Association.The September reading marked a 5.3-percent increase from the previous month. However, from the same month last year, the figure ma
Oct. 7, 2016
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GM Korea to recall 376 Spark electric cars for defective airbag software
GM Korea Co., the South Korean unit of US carmaker General Motors Co., is recalling certain model years of the Spark electric vehicle sold here for issues related to the airbag control software that may lead the airbag to fail to deploy, the transport ministry said Friday.The recall affects 376 Spark electric vehicles produced between July 5, 2013 and July 26, 2016.Due to a defect in the control unit's software, the front airbags may fail to deploy while the car's seat belt pretensioner may also
Oct. 7, 2016
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Hyundai Motor ranked 35th in global brand value
Hyundai Motor, the nation’s largest carmaker, has ranked 35th in a global brand value report, climbing four notches from last year, the company said Wednesday.According to Interbrand’s list of the world’s top 100 brands, a global brand consulting firm, Hyundai Motor held $12.5 billion worth of brand value. Its sister firm Kia Motors ranked 69th, up five steps from last year. The brand value of Kia Motors was estimated at $6.3 billion won. Hyundai Motor ranked 35th in top 100 global brand list (I
Oct. 5, 2016
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Hyundai, Kia see US sales grow slightly in Sept.
Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp. saw their combined sales in the United States rise slightly in September, thanks in large part to strong SUV sales, industry data showed Monday.The two South Korean auto giants sold a combined 115,830 units in the US last month, up 1.7 percent from 113,835 units sold in the same period last year, the data showed. Hyundai's sales rose 4 percent to 66,610 units, which marks the best September ever."Strong performances by our Santa Fe an
Oct. 4, 2016
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New i30: Not just a hatchback
Despite Hyundai Motor’s dominance in sedan segments in Korea, the carmaker’s hatchbacks have, so far, not been popular here. Hyundai’s first i30 series debuted in 2007, but had a lukewarm response in the face of imported hatchbacks that included Volkswagen’s Golf series invading at the time. The new i30 unveiled here last month and also at the Paris Motor Show that kicked off last week apparently inherited the hatchback legacy as well as its identity as a practical compact vehicle. But the lates
Oct. 3, 2016
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[Photo News] Kia in Paris Show
Michael Cole, chief operating officer at Kia Motors Europe, attends a news conference on the media day at auto show Mondial de l‘Automobile in Paris, France, Thursday. (Reuters-Yonhap)
Sept. 30, 2016
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GM exec says diversity will lead auto industry for long
BUSAN -- A General Motors executive has said diversity will dominate the new automobile industry in terms of power train types and competitors, as boundaries are increasingly blurred. Daniel Nicholson, vice president of GM’s Global Propulsion Systems, said although GM is in a leading position in electrification, he doesn’t think one power train will lead the future auto industry.“Eco-friendly cars -- electric and hybrid -- and internal combustion will peacefully coexist for a significant period
Sept. 29, 2016
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Carmakers' overseas production exceeds domestic output
Carmakers in South Korea saw their overseas production exceed domestic output in the first eight months of this year, industry data showed Tuesday, as local automakers have built more assembly lines in foreign countries in recent years.Seven carmakers, including top automaker Hyundai Motor Co. and its sister company Kia Motors Corp., produced 2,773,067 units in the January-August period, according to data compiled by the Korea Automobile Manufacturers Association.In comparison, Hyundai and Kia b
Sept. 27, 2016
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Hyundai Motor hit by first labor strike in 12 years
Hyundai Motor, the nation’s largest carmaker, is expected to suffer from a substantial delay in production, as unionized workers have staged a full-pledged protest Monday for the first time in 12 years.In attempt to pressurize Hyundai Motor over a stalled wage deal, the workers decided not to show up in their workplaces in Ulsan, Jeonju and Asan, halting operations of all of the carmaker’s production lines Monday. From Tuesday, workers will not work six hours a day for the entire week, the union
Sept. 26, 2016