The Korea Herald

Crew of hijacked ship arrives i n S.Korea

PoliticsFeb 2, 2011

BUSAN (Yonhap News) – South Korean crew members of a ship hijacked by Somali pirates last month returned home Wednesday, 13 days after being rescued by the Navy. The seven crew members, including th...
Overseas demand boosts carmakers’ sales in Jan.

IndustryFeb 1, 2011

All five local carmakers saw January sales increase from a year earlier on the back of strong demand from overseas markets, industry data showed Tuesday. Their total sales came to 626,806 vehicles, ...
POSCO’s overseas project gains momentum

IndustryFeb 1, 2011

POSCO plans to inject about $12 billion into a project to construct a new plant and develop an iron ore mine in India, which received the green light from the Indian government on Monday after years ...
Hyundai Heavy delivers a record 1,700th ship

IndustryJan 31, 2011

Hyundai Heavy Industries Co. has delivered its 1,700th vessel, becoming the world’s first shipyard to pass the milestone figure, the firm announced Monday. The shipyard’s 1,700th vessel, a car carri...
Volkswagen, Porsche, BMW feel pinch of tight supplies

TransportJan 30, 2011

Volkswagen AG, Porsche SE and Bayerische Motoren Werke AG are feeling the pinch of tight component supplies as parts-makers struggle to keep pace with resurgent vehicle demand. Volkswagen, Europe’s ...
Hyundai introduces hybrid bus

TransportJan 30, 2011

Hyundai Motor Co. unveiled the Blue City compress natural gas-electric hybrid bus for the first time on Jan. 25. The vehicle is fitted with a 240-brake horsepower engine ― running on compressed natu...
Test drive Kia Morning for Valentine’s

TransportJan 30, 2011

Kia Motors Corp. is offering a chance to test drive the city car Morning for four days from Feb. 12 to 15. The event is open to anyone with a valid driver’s license over the age of 21, and applicati...
Renault Samsung offers discount on service

TransportJan 30, 2011

Renault Samsung Motors Co. is offering a 20 percent discount on mechanics fees and selected parts until Feb. 18. During the period, those replacing engine oils, batteries, anti-freeze fluid and brak...
Ferrari likely to unveil station wagon

TransportJan 30, 2011

GENEVA (DPA) ― Ferrari is apparently planning to unveil at the Geneva Motor Show in March a Shooting Brake station wagon concept car based on the 612 Scaglietti, after spy shots of a car were reveale...
BMW dominates large bike market

TransportJan 30, 2011

Three of last year’s top five bestselling motorcycles with larger than 500 cubic centimeter engine displacement, excluding scooters, were BMW vehicles, BMW Korea announced Thursday. According to ind...
Volkswagen revives plan for fuel-thrifty car

TransportJan 30, 2011

BERLIN (DPA) ― Volkswagen, Europe’s biggest carmaker, has brought plans for a fuel-thrifty car out of abeyance and will display an ultra-light hybrid car at the Qatar Motor Show at the end of this mo...
The tricycle that roared ― world’s first car weighed-in 125 years ago

TransportJan 30, 2011

STUTTGART, Germany (DPA) ― It is not the most handsome, the most valuable or the fastest of its kind but it does have a very special distinction. The frail-looking patent motor vehicle in the style ...
Tata looks at selling Nano in Asia

TransportJan 30, 2011

Tata Motors Ltd. may expand sales of the Nano, the world’s cheapest car, to countries such as Thailand, Sri Lanka and Bangladesh as early as this year as demand for the egg-shaped vehicle rebounds in...
Kia posts record revenue, profit on sales

IndustryJan 28, 2011

Kia Motors Corp. saw its sales and profits reach an all-time high in 2010, fueled by massive improvements in sales seen both at home and abroad. The carmaker Friday reported yearly sales of 23.26 tr...
POSCO steps up resources development

IndustryJan 27, 2011

Steelmaker boosts magnesium capabilities in its diversification drive As magnesium alloys emerge as next-generation material for vehicles, POSCO, the world’s fourth-largest steelmaker, is betting on...