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Kia March sales plunge 11% on weak demand

Kia Motors Corp. posted a 11 percent on-year drop in sales last month due to sluggish demand from domestic and overseas markets, the company said Monday. The country's second-biggest carmaker by sal...

Updated : 2017.04.03 17:03

Hyundai Motor's March sales dip 6.3% on weak exports

Hyundai Motor Co., the country's top automaker, posted a 6.3 percent on-year decline in March sales due to low demand from emerging markets, the company said Monday. Hyundai Motor sold a total of 40...

Updated : 2017.04.03 16:18

Renault Samsung March sales rise 4.3% on new models

Renault Samsung Motors Corp. said Monday its March sales rose 4.3 percent on-year on robust demand for its midsize QM6 sport utility vehicle. Renault Samsung Motors sold a total of 25,281 vehicles l...

Updated : 2017.04.03 16:16

Hankook Tire releases new racing tire

Hankook Tire, South Korea’s No. 1 tire maker, has launched the Ventus R-s4, an ultrahigh performance tire designed for racers and everyday drivers, the company said Monday. Ventus R-s4 (Hankook Tir...

Updated : 2017.04.03 16:02

SsangYong Motor March sales almost flat despite lower demand

Overall sales by SsangYong Motor Co., the smallest carmaker in the country, remained little changed in March compared with a year earlier, backed by steady demand for its SUVs, the company said Monda...

Updated : 2017.04.03 15:25

GM Korea March sales fall 12.4% on weak exports

GM Korea Co. said Monday it posted a double-digit on-year drop in sales last month due to lower demand for small cars and its flagship models. In March, the company's domestic sales plunged 12.4 per...

Updated : 2017.04.03 15:23

Hyundai to enter compact SUV market with new KONA

Hyundai Motor has named its upcoming compact sports utility vehicle the KONA, expected to be released in summer, the company said on Monday without specifying the date. Expanding Hyundai’s family ...

Updated : 2017.04.03 15:23

Autonomous cars to fully take off in Korea in 2028

Autonomous cars are forecast to become popular in the South Korean auto market in 2028, five years after they do so in the United States, according to analysts Monday. According to the industry anal...

Updated : 2017.04.03 14:53

[Herald Interview] MAN Truck chief attributes 680% growth to customer focus policies

MAN Truck & Bus Korea, the local distributor of the German automaker, recently opened its new headquarters and service center in Yongin, Gyeonggi Province, in a $10 million investment looking to expa...

Updated : 2017.04.02 15:41

Hyundai i30 rated 2nd best car in compact segment in Germany

A leading German car magazine recently tapped Hyundai Motor Co.‘s i30 hatchback as the second-best car in the compact passenger vehicle segment based on its economy and environmental impact, sources...

Updated : 2017.04.02 12:26

Hyundai Mobis to develop highway self-driving tech by 2020

South Korea‘s top automotive parts supplier Hyundai Mobis Co. said Sunday it will develop technologies for highway driving capable autonomous cars by 2020, with an aim to commercialize them two year...

Updated : 2017.04.02 12:25

Hyundai Motor Group's R&D spending up 8% to W4tr in 2016

Hyundai Motor Group's spending on research and development increased 8 percent in 2016 to some 4 trillion won ($3.58 billion), with the number of its patents exceeding 30,000 last year, data showed S...

Updated : 2017.04.02 10:24

[Herald Interview] Bolt EV chief engineer talks creation of game-changing EV

Offering a reasonably priced electric vehicle with a driving range that is more than double compared to some of its competitors, GM’s latest Bolt EV is looking to open a new era of market share for ...

Updated : 2017.03.31 14:32

Mercedes-Benz, Maserati, Peugeot ordered to recall faulty parts

Mercedes-Benz, Maserati and Peugeot have been ordered to recall faulty parts in some of their models, South Korea's transport ministry said Friday. This is part of a broader recall order recently de...

Updated : 2017.03.31 10:31

[Seoul Motor Show] SsangYong’s G4 Rexton makes world debut

SsangYong Motor unveiled the G4 Rexton in a world premiere on the eve of the Seoul Motor Show on Thursday, seeking to expand its presence in the fast-growing market for sport utility vehicles. Previ...

Updated : 2017.03.30 17:50