Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Pandemic left Korea more depressed than before: report
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Missing S. Korean traveler in Paris found safe after 2 weeks
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Defense chiefs of US, Australia, Japan decry NK-Russia military cooperation
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[Photo News] Debut of EQ900 limousine
DEBUT OF EQ900 LIMOUSINE -- Hyundai Motor unveiled the limousine version of the EQ900 on March 9 in Seoul. Its body is 290 millimeters longer than the flagship sedan of the Genesis. EQ900. The price tag of the EQ900 limousine, which boasts more premium features, starts from 150 million won ($125,000). (Hyundai Motor)(EQ900)
March 13, 2016
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[Photo News] Tire service center goes high-end
TIRE SERVICE CENTER GOES HIGH-END -- Hankook Tire has opened its second luxury service studio named “Luxtudio” in Busan. “Luxtudio” -- a combination of the words “luxury” and “studio” -- is designed to provide specialized premium services for clients with luxury imported cars. The space is fitted with equipment for ultra-high performance tire and wheel alignment apparatus. (Hankook Tire) (Hankook Tire)
March 13, 2016
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Mercedes-Benz bolsters ‘dream cars’ lineup in Korea
The recent controversies involving Mercedes-Benz Korea have not come in the way of its aggressive growth plans, with the luxury carmaker all set to entice local customers with its tempting new models.Despite the recent fuss about tax returns on vehicle sales and transmission changes for its best-selling S350 model, the German company is confident of dethroning its competitor BMW -- after a decade -- as the largest imported car brand this year. It has already bagged the top spot in the first two
March 13, 2016
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GM Korea, labor union launch joint task force
GM Korea and its labor union have launched a joint task force that aims to support the company in achieving its goal of double-digit market share in 2016, the automaker said on Sunday. It is rare for the Korean unit of GM to gain cooperation from the labor union to achieve sales increase. (Yonhap)According to GM Korea, the task force will also include representatives from other areas, including domestic sales and government relations. It will have the authority to implement ideas approved at reg
March 13, 2016
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Renault Samsung appoints 1st Korean CEO
The French carmaker Renault named Park Dong-hoon, the vice president of its Korean unit Renault Samsung Motors, as its new CEO, on Friday. It is the first time in Renault Samsung’s 16-year-history -- since its inception in 2000 – that it will be led by a Korean CEO. The current CEO Francois Provost has been promoted to Renault’s senior vice president of China operations. In addition, he will lead the Dongfeng Renault Automotive. Provost is also waiting for an approval of his seat in the board of
March 13, 2016
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Ssangyong spurs sales of compact SUVs with Tivoli Air
Ssangyong Motor models pose with models at a launch event for the Tivoli Air, the long-body version of the firm’s compact Tivoli SUV, in Seoul on Tuesday. (Yonhap)Ssangyong Motor, the Korean unit of India’s Mahindra & Mahindra, launched the diesel-fueled long-body version of its best-selling compact Tivoli crossover Tuesday, targeting the growing compact SUV market. “The Tivoli Air, which evolved from the luxurious and stylish brand of the original crossover, boasts more enhanced utility feature
March 13, 2016
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Hyundai Genesis ranks 2nd in Feb. sales in U.S.
South Korean carmaker Hyundai Motor Co.'s Genesis ranked second in the U.S. market last month, beating the Mercedes-Benz E-Class sedan for the first time, industry data showed Sunday.Sales of the Genesis, the second generation of its kind, rose 13.4 percent on-year to 2,532 in the United States in February, following the BMW 5-Series sedan with 2,758 units in the mid-luxury market, according to the data.The E-Class dropped to third place with 2,362 units sold over the same period.It is the first
March 13, 2016
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Hyundai, Kia's 5 SUVs' sales hit 15 mln worldwide
Hyundai Motor Co., South Korea's largest carmaker, and its sister Kia Motors Corp. saw cumulative sales of its five flagship sports utility vehicles surpass the combined 15 million mark worldwide last month, industry data showed Sunday.The five models -- Hyundai's Tucson and Santa Fe and Kia's Sportage, Sorento and Mohave -- reported a total of 15.13 million in accumulated sales at home and abroad since their launches, according to the data.Sales of Hyundai's Tucson compact reached 4.42 million
March 13, 2016
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Hyundai vice chairman reelected as board member
Shareholders of Hyundai Motor approved the third term of the automaker’s vice chairman Chung Eui-sun’s board membership at its annual general meeting Friday. As a registered board director of Hyundai Motor responsible for management issues, the heir apparent of the group is expected to spur the global launch of G90 (EQ900 in Korea), the first model of Genesis, its independent premium brand. Chung Eui-sunIndustry watchers said he will also focus on capitalizing on the carmaker’s green car projec
March 13, 2016
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[Weekender] Tuning industry suffers from negative perception
In almost every episode of U.S. television sitcom hit “Home Improvement” in the 1990s, viewers were able to see its main star Tim “The Tool Man” Taylor played by stand-up comedian Tim Allen building and tuning a classic hot rod in his garage with his eldest son.They would chat, giggle and joke around, telling stories to one another while tending to their dream hot rod.Even in movies like “The Fast and the Furious” about a band of criminal street racers, its main character Dominic Toretto’s favor
March 11, 2016
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[Weekender] 'Power up from bottom-up'
Hundreds of college students study auto mechanical engineering, design and new auto technologies such as hybrid and self-driving cars in Korea every year.But only very few land jobs in tuning, which is one of the most lucrative auto fields in countries such as the U.S., Germany and Japan. This is because the Korean tuning market is extremely small for several reasons including tough regulations against tuning in the country’s automotive aftermarket, lack of industry promotions and opportunities,
March 11, 2016
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[Weekender] ‘Car tune-ups for safety, not merely for looks’
In South Korea, car tuning -- the aftermarket modification of an automobile’s performance or appearance -- has long been portrayed under a negative light as an unnecessary practice that disturbs peace and order on the streets. Although many still associate vehicle tune-ups with noisy, sometimes reckless, cars sporting ostentatious exteriors, there is reportedly a lot more to car tuning than looks alone. “What most people don’t know is that the biggest merit of tuning up a car is ‘safety’,” said
March 11, 2016
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[Weekender] Tuning is on
Korea is gearing up to boost the aftermarket auto tuning sector, which is less developed than its auto production. According to the Ministry of Land, Infrastructure and Transport, the tuning industry of the world’s fifth-largest auto market is estimated at 600 billion won ($500 million), which is much smaller than the 29 trillion won of the U.S. and 17 trillion won of Japan.The restrictive regulations against car modifications have kept a lid on growth of the lucrative industry and the strict re
March 11, 2016
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Mercedes-Benz Korea may face probe over transmission change
The Korean unit of German luxury carmaker Mercedes-Benz may face a probe by the prosecutor’s office over the submission of false specifications of its high-end lineup of S-Class S350 models, the authorities said Friday.The Transport Ministry announced that it would soon file a complaint of a possible violation involved.Before the sales, Mercedes-Benz Korea notified the ministry that the S350 model came equipped with a seven-speed transmission. But the vehicle had a nine-speed transmission instal
March 11, 2016
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[Weekender] Luxury car aficionados spur vehicle tune-up
In recent years, Seoul has seen a sudden rise in luxurious vehicles on its roads, parking lots and even narrow streets, with many foreign car brands gaining popularity. Although those premium cars equipped with astonishing design and excellent performance are compelling enough for some owners, car maniacs and some customers want more. Tuned-up cars in front of BRABUS Korea‘s Studio (BRABUS Korea)“Many Korean foreign car owners want more than just driving a car,” said Yoon Dong-Joo, sales directo
March 11, 2016
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Trade show seeks to promote vehicle modification business
The 2016 Seoul Auto Salon, the country’s largest custom car and accessories show, will take place this summer from July 7 to 10 at Coex in southern Seoul. The trade fair is the largest auto aftermarket show in Korea, displaying tuned cars and other parts and accessories used to modify vehicles. 2015 Seoul Auto Salon (SAS)Starting with 82 exhibiting companies and 51,000 visitors in 2003, the auto show has indeed increased in scale over the past 13 years to an expected 130 companies and estimated
March 11, 2016
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[Photo News] Debut of bullet train bound for 2018 Winter Olympics venue
DEBUT OF BULLET TRAIN BOUND FOR 2018 WINTER OLYMPICS VENUE -- A high-speed train line for the PyeongChang Winter Olympics, manufactured by Hyundai Rotem, debuts in the Changwon plant on Thursday. The high-speed train will transfer visitors for the PyeongChang Winter Olympics from Incheon to Gangneung in just two hours. Hyundai Rotem held a ceremony today, explaining it would conduct test runs until 2017. The railway is expected to be opened by 2018. (Hyundai Rotem)
March 10, 2016
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Hyundai Motor extends coprosperity drive
Hyundai Motor Group said Thursday it has extended its initiative to grow together with its vendors for another year.In an agreement with the Fair Trade Commission, officials from the automotive group pledged to build a cooperative ecosystem for the group and its small vendors.The nation’s anti-trust body has made such fair trade agreements with major conglomerates since 2007. Hyundai Motor Group joined the FTC’s “economic democratization” initiative in 2008, pledging to encourage its affiliates
March 10, 2016
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Hyundai Motor vice chairman to attend global EV expo in Jeju
Hyundai Motor Group vice chairman Chung Eui-sun will attend the third International Electric Vehicle Expo that will open on Jejudo Island on March 24, group officials said Wednesday.During the seven-day exposition, Chung is expected to introduce Hyundai’s Ioniq series — the carmaker’s green car lineup. He had also done so at the 2016 Geneva Motor Show in Switzerland earlier this month. Hyundai Motor vice chairman Chung Eui-sun (Yonhap)The expo plans to display various electric vehicles and batte
March 9, 2016
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Korean car exports shrink for four straight months
Korea's automobile exports shrank for four consecutive months in February due mainly to contracted demand from emerging markets amid fast-falling oil prices, the government said Wednesday.Outbound shipments of vehicles came to 192,276 units last month, down 8.1 percent from 209,148 units tallied a year earlier, according to the Ministry of Trade, Industry and Energy.The February figure narrowed from an 18.8 percent on-year plunge in January, the fastest decline since October 2010, but extended i
March 9, 2016