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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[Graphic News] More Koreans say they plan long-distance trips this year
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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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Kia recalls 145,000 vehicles
Kia Motors America said it would recall model year 2006-2008 Optimas and model year 2007-2008 Rondos due to faulty air bag release systems, regulators said.The National Highway Traffic Safety Administration said Optima vehicles manufactured from Sept. 29, 2005, through Jan. 29, 2008, are involved in
Jan. 24, 2012
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Korando C wins Dutch motor race
Ssangyong Motor Co. said Friday its flagship sports utility vehicle, the Korando C, has won the ScanCovery Trial 2012 held in the Netherlands, demonstrating its high driving performance.The team Voorthuizen, arranged by Ssangyong Motor’s official Dutch dealer Ssangyong Benelux, finished first to beat some 60 rival teams, which drove popular models by companies such as Mercedes-Benz and Volvo, the company said.In the competition, all cars were required to race the 7,000 kilometer course from the
Jan. 20, 2012
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Hyundai Motor names vice chairman for labor
Hyundai Motor’s manufacturing factory manager Kim Eok-jo has been promoted to the post of vice chairman in charge of the company’s labor sector.Since January 2011, Kim has worked for Hyundai Motor as a president and the chief of the carmaker’s Ulsan plant.Before that, he played a significant role in boosting the automaker’s overseas sales as head of Hyundai Motor’s Czech Republic corporation.Hyundai has been striving to enhance its internal strength amid global uncertainties, in part through act
Jan. 19, 2012
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Hyundai releases i40 Saloon
Hyundai Motor Co., Korea’s leading automaker, said Tuesday it released the latest version of its i40 in the local market to meet customer demand for a mid-size sedan.The i40 Saloon, 4.740 meters long and 1.815 meters wide, features the smoothly sculpted exterior seen on recent Hyundai vehicles. It comes with a 2.0-liter GDi gasoline engine with a maximum 178 horsepower and has an average fuel mileage of 13.1 kilometers per liter.There is also a diesel model powered with a 1.7-liter VGT engine wi
Jan. 17, 2012
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Chung foundation to support 13,000 college students
The Chung Mong-koo Foundation will provide 13,000 college students from underprivileged households with financial support, Hyundai Motor said Tuesday.The foundation, set up by Hyundai Motor chairman Chung, plans to issue tuition fee loans with low or zero percent interest rates.“Over the next two years, about 13,000 college students will enjoy the educational support. Lending rates range between 0 and 3 percent,” the automaker said in a statement.About 5,000 students could be beneficiaries of th
Jan. 17, 2012
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BMW recalls 235,000 Minis worldwide due to 'fire risk'
A Mini Cooper automobile, by Bayerische Motoren Werke AG ( BMW), rolls of the production line at the company's Cowley plant in Oxford, U.K. (Bloomberg)German carmaker BMW has recalled around 235,000 Minis worldwide due to a fault in the electric water pump that cools the turbo charger, which could i
Jan. 17, 2012
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Ford Europe wants to brave weak market with new models
Ford of Europe wants to defy tough market conditions created by the euro zone crisis. The carmaker plans to introduce a series of new models in Europe this year, German Ford head Bernhard Mattes told the German Press Agency dpa.The models will include a new Mondeo, an electric Focus, a new Transit and the next generation of Cougars, Mattes said in an interview at the North American International Auto Show in Detroit.“We are optimistic that this series of impulses will give us strong competitive
Jan. 15, 2012
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Luxury saloons heat up Korea’s import market
Last year may have been all about fuel efficiency and hybrids, but sleek, executive sedans from Germany are taking over the hype this year. Hot new cars are to come from Porsche, BMW and Volkswagen, which plans more new launches than ever in 2012.Volkswagen will introduce the Scirocco R-Line in Korea next month, a long awaited sports coupe with looks to match Hyundai Motor’s Veloster. The three-door coupe is a third-generation model and will come with a six-speed manual transmission and up to 17
Jan. 15, 2012
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BMW recalls Mini Coopers in U.S.
Bayerische Motoren Werke AG is recalling 88,911 Mini Cooper cars because of a defect that has caused fires, the U.S. auto-safety regulator said.The circuit board on the electric auxiliary water pumps that cool the cars’ turbochargers can malfunction, overheat and cause fires, BMW said today in a posting on the U.S. National Highway Traffic Safety Administration’s website.In October, the agency opened an investigation into Minis after reports of 12 engine fires, including five that destroyed the
Jan. 15, 2012
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GM Korea CEO quits
Automaker denies report on Chevrolet plant moving to EuropeGM Korea announced Friday that its CEO Mike Arcamone has resigned with his term not yet expired and that GM International Operations vice president John Buttermore will assume the interim chief position. GM Korea said Arcamone “would leave the auto industry and return to his homeland of Canada” without elaborating. Arcamone’s departure came as the Korean unit of the U.S. automaker is seeing a surge in sales on the domestic market after i
Jan. 13, 2012
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Hyundai eyes domestic sales of 700,000 cars
Hyundai Motor Co., South Korea’s largest carmaker, said Friday that it is targeting to sell 700,000 vehicles in the domestic market this year, up 2.4 percent from 2011.Hyundai Motor, which sold 683,570 units locally last year, said competition in the domestic market is expected to be fierce this year and a free trade deal with the U.S., expected to go into effect in the next few months, could make foreign-made cars more competitive.“Imported cars are expected to compete more aggressively for dom
Jan. 13, 2012
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General Motors may move Korean work to Europe: report
GM Korea CEO resigns suddenly; Buttermore assumes interim chiefGeneral Motors is considering moving car production from South Korea to Europe, the British Telegraph newspaper said Friday. The plan, yet to be confirmed, is intended to revive the troubled Opel and Vauxhall arms, the Telegraph said, adding that some Chevrolet production lines might be transferred back to Europe to bolster its production lines there.“We are not going to comment on speculation, but management, the works council and t
Jan. 13, 2012
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Ssangyong Motor unveils new LUV Korando Sports
Ssangyong Motor Co., South Korea’s smallest automaker, on Thursday unveiled the latest version of its diesel-powered leisure utility vehicle in a bid to meet growing consumer demand for outdoor leisure activities.The Korando Sports is equipped with a 2.0-liter e-XDi200 diesel engine, which produces a maximum 155 horsepower. The company said the engine has a high fuel efficiency of 15.6 kilometers per liter and six-speed automatic transmission, the carmaker said.“Ssangyong invested 90 billion won
Jan. 12, 2012
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Sonata named car of the year in China
Hyundai Motor Co.’s Sonata has been named the best car of the year by two Chinese car publications, industry sources here said Wednesday.The Sonata, Hyundai Motor’s flagship mid-size sedan, was selected as 2011 car of the year by Auto Sohu, one of the most influential automobile Web sites in China with 70 million daily visitors, according to the sources.Based on Internet polls and expert advice, the Chinese media picked the Sonata as last year’s best car, citing the sedan’s stylish exterior desi
Jan. 11, 2012
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Hyundai hit by stoppage after worker suicide bid
Unionised workers at South Korea's largest carmaker Hyundai Motor stopped work at engine plants in one factory Tuesday after a union member set himself ablaze due to alleged bullying by bosses. (Yonhap News)The union said workers at the five engine plants in the southeastern city of Ulsan stopped pr
Jan. 10, 2012
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Kia Motors gears up to maintain its share in Korean market
Kia Motors Corp. said it will maintain its 33 percent share in the domestic car market this year in order to consolidate its position as the No. 2 player here.The company set its 2012 target on the back of releases of new vehicles and steady sales of popular models.Last year, Kia Motors sold 493,003 vehicles in the South Korean market for a 33.6 percent share, fueled by the popularity of new models such as the Morning and Pride, and growing demand for mid-size cars like the K5.“Despite fierce co
Jan. 8, 2012
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Cadillac takes on BMW amid GM rebound
General Motors Co., with renewed verve as the world’s biggest automaker, will be in the spotlight at the Detroit auto show next week taking on BMW and its popular 3-Series line with a new compact Cadillac. The new model represents Chief Executive Officer Dan Akerson’s strategy for gaining ground in the compact-luxury segment. GM is trying to barge into the market for small, upscale cars, an important entryway for new customers that is dominated by German vehicles such as the 3-Series and the Mer
Jan. 8, 2012
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Audi seeks to pass other German brands in U.S.
Audi will add models to feed U.S. passion for sedans and sport-utility vehicles and gain ground on market leaders Daimler AG and BMW.Audi will use the Detroit motor show next week to unveil a concept “Vail” version of the compact Q3 SUV for the U.S. market and plans to build a sedan version of the A3 hatchback after the newest model comes to market this year, CEO Rupert Stadler said in an interview. U.S. growth is critical to efforts by Audi, the top seller in western Europe and China, to replac
Jan. 8, 2012
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Mahindra considers XUV500 for Korea
Ssangyong back in expansion mode, plans 5 new cars by 2016DELHI, India ― India’s largest SUV manufacturer Mahindra & Mahindra Ltd. says it will bring its flagship model XUV500 to the Korean market.“We’re studying the business feasibility of launching XUV500 in Korea. Various components needs to be adjusted to meet local demands before we can make the decision to bring the vehicle to the Korean market, and we’re trying to see if the investment would be worth the potential revenue,” Pawan Goenka,
Jan. 8, 2012
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Kia vows to maintain share in local market
Kia Motors Corp. said it will maintain its 33 percent share in the domestic car market this year in order to consolidate its position as the No. 2 player here.The company set its 2012 target on the back of releases of new vehicles and steady sales of popular models.Last year, Kia Motors sold 493,003 vehicles in the South Korean market for a 33.6 percent share, fueled by the popularity of new models such as the Morning and Pride, and growing demand for mid-size cars like the K5.“Despite fierce co
Jan. 8, 2012