The Korea Herald

Porsche eyes supercar for growth

Jul 24, 2011

Porsche AG may develop a supercar positioned higher than the 911 GT2 RS to broaden its line-up and sustain growth as orders cool from record deliveries last year. The car could be combined with addi...
Renault Samsung’s car exports hit record in H1

Jul 17, 2011

Riding on solid demand from Europe, Renault Samsung Motors Co., exported a record 70,914 cars in the first half of this year, the company said last week. Renault Samsung is the Korean unit of French ...
SM7 renewed with impressive road manners

Jul 17, 2011

Renault Samsung challenges Hyundai’s dominance with fully revamped premium sedan NAMHAE, South Gyeongsang Province ― Tagging Hyundai Motor’s Grandeur as the sole leader of the mid-sized sedan market...
Volkswagen ‘confident’ it can outperform global car market

Jul 17, 2011

Volkswagen AG, Europe’s biggest carmaker, said it expects to continue outperforming the auto market in the second half after posting a record 4.1 million deliveries in the first six months of the yea...
Toyota under pressure from Hyundai in U.S.

Jul 17, 2011

Toyota Motor Corp., to make its earnings target this year, needs the new Camry to wrest back market share from Hyundai Motor Co.’s Sonata sedan. The Camry, the best-selling car in the U.S., has lost...
Mahindra vows to regain Ssangyong’s brand image

Jul 11, 2011

Ssangyong Motor CEO Lee Yoo-il (right) poses with Mahindra and Mahindra CFO Bharat Doshi (center) and the Indian firm’s president for automotive and farm sector Pawan Goenka at a press conference in ...
Ssangyong’s new Chairman W targets VIPs

Jul 11, 2011

The new Chairman W Company offers unprecedented seven-year care service plan to customers Ssangyong Motor Co., which launched the new Chairman W in the local market last week, is to provide consume...
Nissan, Toyota ‘quiet’ cars must sound alerts under U.S. rule

Jul 10, 2011

A General Motors Co. Chevrolet Volt electric vehicle is taken for a test drive through the Presidio in San Francisco, California (Bloomberg) Nissan Motor Co., General Motors Co. and other makers of ...
Kia Motors sales up 21.8% in June

Jul 10, 2011

Kia Motors Corp., South Korea’s second-largest automaker, said Friday that its sales in June rose 21.8 percent from a year earlier as a jump in overseas sales offset decreased domestic demand. The ...
GM goes full throttle in race against rivals

Jul 10, 2011

Mike Arcamone, CEO and President of GM Korea (Ahn Hoon/The Korea Herald) The race is on. GM Korea, the nation’s No.3 carmaker, is out to challenge its big-time rival Hyundai Motor Co. by betting bi...
Volkswagen launches new Touareg crossover SUV in S. Korea

Jul 4, 2011

(Yonhap News) Volkswagen Korea, the local importer of German automaker Volkswagen AG, introduced the latest version of its Touareg crossover sport utility vehicle (SUV) in South Korea on Monday. Th...
Honda Accord on promotional offer

Jul 3, 2011

Honda Accord Honda Korea is offering special deals for the Accord mid-sized sedan until the end of the month in celebration of selling more than 40,000 units here, the company said. The company is ...
New Hyundai Motor Santa Fe SUV on market

Jul 3, 2011

Hyundai Motor Co., Korea’s largest carmaker, said Friday that it started selling the 2012 model Santa Fe sport utility vehicle on the local market. The updated model of the popular SUV has a restyle...
Toyota recalls 114,000 hybrid vehicles worldwide

Jul 3, 2011

Toyota Motor Corp said it would recall about 114,000 hybrid cars in Japan, Europe and the United States because of faulty transistors in control boards. Toyota said it would conduct a voluntary safe...
Korean carmakers fly high on exports

Jul 3, 2011

Toyota and other Japanese car sales down more than a fifth in June Local automakers led by Hyundai, Kia and SsangYong reported all-time high sales with double-digit growth in the first half, benefit...