Most Popular
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1 in 3 Koreans live alone, family types becoming diverse
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Korea, Japan finance chiefs vow to tame rampant FX market volatility
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K-pop singer lost consciousness after being hit by foul ball, cancels show
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K-pop group's manager dismissed for setting up spycam in theater dressing room
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Contentious grain bill put directly to plenary meeting for vote
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Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
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Why is Apple Pay struggling to get purchase in Korea?
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Yoon's office denies considering liberal figures for key posts
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Today’s K-pop] BTS pop-up event to come to Seoul
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Infiniti bets on with new QX60 in Korea
Infiniti, the luxury division of Japanese automaker Nissan, is slated to unveil its new luxury crossover QX60 later this month in the South Korean auto market, the company’s official said. Already having been a great crossover vehicle, the new QX60 is to offer some upgrades. “We aim to attract Korean consumers with QX60’s unique design, advanced safety systems and a reasonable price this autumn,” the company‘s official said. Infiniti QX60The company said its new QX60, a key model of Infiniti’s
Aug. 21, 2016
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10-year wait for Korean firm’s Apple car battery: analysts
Amid reports that Apple is in talks with a small Korean firm to make batteries for a secretive car project, local experts said that it would take more than 10 years to be mass produced.A local news media recently reported that Apple is working with an unidentified Korean firm comprised of around 20 battery experts. The small Korean battery firm Orange Power is considered a strong candidate as it is the first and only Korean firm to have a patent on such technologies. An Apple store in Santa Moni
Aug. 21, 2016
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Gov't orders recall of Chevrolet Orlando LPG for emission problems
South Korea's government on Sunday ordered GM Korea Co. to recall 15,056 Chevrolet Orlando compact multi-purpose vehicles for emission-related problems.The order affects Orlandos using the 2.0 liter engine that uses liquefied petroleum gas as fuel, the environment ministry said.The vehicles made from May 6, 2011 to Oct. 7, 2013 have been found to emit carbon monoxide beyond permissible levels. (Yonhap)The colorless and odorless gas can be toxic to people above a certain concentration in the atmo
Aug. 21, 2016
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Tesla opens website for online reservations in Korea
Tesla Motors has begun taking online reservations in Korea for its electric cars, Model S, Model X, and Model 3, the company said Friday.With a deposit of 2 million won ($1,800) for the Model S, 5 million won for Model X and 1 million won for model 3, customers can make a reservation, it said in the first statement released for Korean press. (AFP-Yonhap)“Korean customers have already shown a great interest in Tesla through reservations for Model 3,” it said. The model 3 is a Tesla electric vehic
Aug. 19, 2016
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Nearly 4,500 Jaguar, Land Rover cars to be recalled in Korea
Nearly 4,500 cars imported by Jaguar Land Rover Korea, the local importer of the luxury brand cars, will be recalled due to problems that include a possible fuel leak that could cause a fire, the transportation ministry said Friday.Due to a defect in the design of the engine cover in certain models of Land Rover cars, the engine cover may rub against the car's fuel hose, possibly causing a puncture in the hose, according to the Ministry of Land, Infrastructure and Transport.The recall affects 4,
Aug. 19, 2016
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Foreign automakers face tougher authentication
The Korean government is relooking all documents submitted by foreign automakers, as there might be more carmakers like Audi and Volkswagen, which manipulated documents to move up release dates. The Environment Ministry said Thursday it requested the state-run National Institute of Environmental Research to review again all documents provided by 23 foreign brands including BMW and Mercedes-Benz. At a briefing session by the Environment Ministry last month, Volkswagen had reportedly said most of
Aug. 18, 2016
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Hyundai, Kia cars take top best-selling car spots in Israel
Three vehicle models produced by South Korea's top automaker Hyundai Motor Co. and its affiliate Kia Motors Corp. took the top three spots in terms of best-selling cars in Israel in the first half of the year, also making their manufacturers the two most preferred brands in the Middle Eastern country, the companies said Thursday.In the January-June period, Kia's Morning compact car, sold as the Picanto in some countries, took the top spot as the best-selling car in Israel.It was followed by the
Aug. 18, 2016
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Kumho Tire rides SUV boom
South Korea’s second-largest tire-maker Kumho Tire is riding the wave of strong demand for sport utility vehicles led by growing popularity of family leisure and outdoor camping activities here. SUVs accounted for 34 percent of the total auto market last year, with steady growth since 2011. In line with the trend, tire companies are also shifting their sales strategy to meet growing demand for SUVs. Kumho Tire’s product sales for SUVs have grown 24 percent over the last three years. Among them,
Aug. 17, 2016
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Kia Motors in no hurry to build plant in India, chief says
The head of South Korea's No. 2 automaker Kia Motors Corp. said Wednesday that his company will eventually have to produce vehicles in India, one of the world's fastest growing markets, but that it was in no hurry to do so.Speaking to reporters at a Seoul hotel, Kia Motors CEO Park Han-woo acknowledged the company was looking at possible sites for a production facility in India."Because we are not shipping a single car to India, we will eventually have to go," Park said. He, however, said buildi
Aug. 17, 2016
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Auto firms make 50 won for every 1,000 won sold in 2015
The operating profit of automakers and their vendors in South Korea came in at a disappointing level last year with each firm making only about $0.05 for every $1 in sales, industry data showed Wednesday.According to the data compiled by a local research institute, combined sales of 1,079 South Korean auto companies, including auto parts makers, came to about 234.8 trillion won ($213.96 billion) in 2015.Their combined operating profit came to some 12.18 trillion won, less than 5.2 percent of the
Aug. 17, 2016
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Trade minister asks automakers to invest in renewable energy-fueled vehicles
South Korea's trade minister on Wednesday called on the local automobile industry to make a big investment in renewable energy-powered vehicles, such as hydrogen and electric cars, as a way to seek a new growth engine for Asia's fourth-largest economy, the trade ministry here said."The paradigm of the global car industry is changing rapidly as China has emerged as a leading country in the electric car sector," Trade Minister Joo Hyung-hwan said in a breakfast meeting in Seoul with the heads of f
Aug. 17, 2016
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Twizy may be launched in October
Renault Samsung’s mini electric car Twizy may be rolled out in South Korea as early as October, according to a local news report Monday. The compact electric car has a top speed of 80 kilometers per hour and is able to drive at a maximum of 100 kilometers on a single charge. Twizy (Renault Samsung)Twizy was not able to hit the road in the nation because of regulation issues on compact electric cars. In May, the Transport Ministry lifted these barriers amid rising demand for such cars and growing
Aug. 15, 2016
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Volkswagen Korea chief grilled for 2nd day
The South Korean prosecution once again summoned for questioning the chief of German automaker Volkswagen’s local operations on Friday, continuing its investigation of alleged irregularities committed by the automaker in the country.Johannes Thammer, the chief executive of Audi Volkswagen Korea, appeared at the Seoul Central District Prosecutors’ Office the day before to address allegations that the firm fabricated emission test results for vehicles sold in Korea.Johannes Thammer, CEO of Audi Vo
Aug. 12, 2016
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Hyundai Motor workers to again stage partial strike
Unionized workers at Hyundai Motor Co. were again set to stage a partial walkout Friday, further undermining the carmaker's output and sales.According to union leaders at Hyundai, some 15,000 workers will put down their tools for four hours from 11:30 a.m., while another 13,000 union members who belong to the company's second work shift will follow suit for four hours from 8:20 p.m.The partial strike will mark the third of its kind just this week, and the eighth since the union and management la
Aug. 12, 2016
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Hyundai, Kia log decent sales in European countries in July
South Korea's top automaker Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. saw their sales rise more than 8 percent in five European countries last month, driven by its diversified product portfolio, despite Britain's vote in late June to exit the European Union, industry sources said Thursday.The corporate duo sold a combined 50,069 units in the five key markets -- Germany, Britain, Italy, France and Spain -- last month, up 8.5 percent from a year earlier, according to the sources
Aug. 11, 2016
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Samsung leads local car infotainment industry, lags behind global competitors
South Korea's tech giant Samsung Electronics Co. has been ranked the top among its local peers in terms of infotainment technologies but still lags behind other global competitors that include foreign automakers, a report showed Wednesday.According to the report from U.S.-based market information firm IP Watchdog, the South Korean firm owned 3.9 percent of all infotainment-related patents registered in the U.S.The figure marks the largest share owned by any single South Korean company but is the
Aug. 10, 2016
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BMW Korea to recall nearly 12,000 cars in Korea for defective baby seat latch
BMW Korea, the local importer and distributor of the luxury German brand, will recall nearly 12,000 BMW cars sold here for a faulty baby seat latch that might break under repeated stress, the transportation ministry said Wednesday.The recall affects 11,968 BMW cars of 11 vehicle models, including 8,233 units of the BMW X3 xDrive20d crossover SUV, according to the Ministry of Land, Infrastructure and Transport.The car's ISOFIX baby seat latch may become detached from the car due to a welding defe
Aug. 10, 2016
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Chief of Audi Volkswagen Korea to be summoned this week
State prosecutors on Tuesday said the local chief of German carmaker Volkswagen will be summoned this week so he can be questioned on irregularities committed by the automaker in South Korea.The Seoul Central District Prosecutors' Office said Johannes Thammer will be summoned Thursday on charges of fabricating reports on noise level, fuel efficiency and emissions results to obtain approval from local authorities.Prosecutors said they will also grill Thammer, who has been in charge of the vehicle
Aug. 9, 2016
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Hyundai should boost EVs for China, analysts say
Korean automakers should push EV cars in China amid declining sales in the world’s largest car market, analysts said on Tuesday. The combined market share of Korean carmakers in China -- namely Hyundai Motor and Kia Motors -- declined to 7.3 percent in the first half of this year from 9 percent in 2014, while Chinese makers saw their share surge to more than 42 percent. Industry watchers said Korean automakers may further lose its share in the mid- to long-term in China if they fail to gain the
Aug. 9, 2016
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Korea begins development of test bed for self-driving cars
South Korea has launched its project to develop a new test bed for self-driving cars that will also include the development of new technologies to test autonomous cars, the government said Tuesday.The new test bed, called the K-city, will be built around the Korea Transportation Safety Authority's existing proving ground in Hwaseong, Gyeonggi Province, according to the Ministry of Land, Infrastructure and Transport.A ceremony marking the start of the 18.8 billion-won ($17 million) project was he
Aug. 9, 2016