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Business
Porsche Cayenne surging in China
Jul 3, 2011
Porsche Cayenne China surpassed the U.S. as the world’s largest car market on sales of sedans. Future growth lies with sport-utility vehicles. SUV deliveries rose 30 percent this year through May, ...
Audi’s convertible supercar targets Ferrari
Jul 3, 2011
Audi AG is taking aim at Ferrari SpA with a convertible version of the R8 GT supercar, as the Volkswagen AG unit hones a high-end sporty image in its quest to overtake Bayerische Motoren Werke AG as ...
BMW widens sales of luxury cars in U.S.
Jul 3, 2011
Bayerische Motoren Werke AG’s BMW brand outsold Daimler AG’s Mercedes-Benz last month, expanding its lead as the top-selling luxury auto brand in the U.S. so far this year. BMW’s U.S. sales, helped ...
Hyundai-Kia overtakes 6 competitors in a decade
Jun 29, 2011
Hyundai Motor and its affiliate Kia Motors emerged as one the world’s top five automakers in global sales last year, selling more than 5 million vehicles. About a decade ago, the two companies under...
Mercedes-Benz introduces new CLS 63 AMG
Jun 26, 2011
Mercedes-Benz Korea, the local unit of the luxury car division of Daimler AG, has introduced the second-generation of its passenger vehicle, the CLS 63 AMG, in Korea. The new CLS 63 AMG comes with a...
Renault Samsung launches New QM5 crossover car
Jun 26, 2011
Renault Samsung Motors on Sunday unveiled its updated QM5 crossover utility vehicle that aims to enhance the carmaker’s image as a quality manufacturer of upper-end cars. The new QM5 is a makeover o...
Hyundai-Kia shifts consumer target in U.S.
Jun 26, 2011
Portion of small vehicles continues to drop in American sales over a decade Hyundai Motor had been regarded as a minor player in the United States and had focused on finding a niche. Its main target...
Hyundai supports parts makers in Europe
Jun 23, 2011
In road show, Italy focuses on Korean auto parts makers Hyundai Motor Group held a fair in Italy to give Korean auto parts manufacturers the opportunity to make inroads into the southern European ma...
Auto Build selects Morning as best compact
Jun 19, 2011
Kia’s Morning Auto Build, the world’s most circulated car magazine from Germany, selected Kia’s Morning as the best compact car in the world, The Hyundai Kia Automotive Group said. In a comparative...
China car market to begin recovery in 6-12 months
Jun 19, 2011
GM offers Transformers pre-screenings
Jun 19, 2011
GM Chevrolet cars featured on “Transformers: Dark of the Moon” GM Korea Co. is offering customers an opportunity to apply to watch a pre-screening of “Transformers: Dark of the Moon” in advance of i...
Renault Samsung bullish on new SM7
Jun 19, 2011
Marketing chief says new SM7 beats rivals, firm recovering from Japan quake impact The revamped SM7, to be released within three months, will be successful in the country’s upper largesized sedan ma...
Foreign carmakers’ market share rises to 6.5%
Jun 13, 2011
Foreign carmakers saw their combined market share in Korea climb by 1 percentage point over the past year. They captured 6.5 percent of the local market with sales of 42,700 vehicles between January...
Hyundai Mobis wins Mitsubishi, Subaru order
Jun 12, 2011
Small cars to take up half of import market
Jun 12, 2011
Small vehicles with low engine displacement are expected to account for 50 percent of the total sales of import vehicles in South Korea as early as the third quarter. The ratio of cars with an engin...
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