Most Popular
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Court refuses injunction on medical school expansion
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Why Korean crime stories typically feature nameless, faceless perpetrators
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Debate on 'no-seniors zones' heats up
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Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
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S. Korea, Cambodia forge strategic partnership
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Is NewJeans headed for a long 'break'?
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[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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New Seoul High Prosecutors’ Office chief vows full-fledged probe into first lady
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Jeju rises as EV hub, but sustainability still key issue
It isn't too far fetched to say that Jeju Island's attempt at promoting itself as a test bed for the newly-rising electric vehicle industry has caught on, at least in terms of demonstrating the zeal to realize its ambitious plans. The second International Electric Vehicle Expo on the island off South Korea's southwestern coast drew some 72,000 visitors during its 10-day run earlier this month, according to organizers. Last year's head count was 47,000. Fourteen companies participated in thi
March 18, 2015
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Hyundai, Kia log lower-than-market average sales in Europe
Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. saw their sales grow at a lower-than-market average pace in Europe last month, with their combined market share declining from a year earlier, data showed Tuesday.According to the data by the European Automobile Manufacturers Association, Hyundai Motor's sales in Europe came to 30,943 units, up 0.2 percent from a year earlier, while Kia Motors' sales grew 6 percent on-year to 25,671 units. Their growth rates were lower than the 7 perce
March 17, 2015
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Hyundai unveils all-new Tucson
Hyundai Motor on Tuesday released the all-new Tucson, targeting youngsters looking for compact sport utility vehicles. With the latest technology, refined exterior design and reinforced safety system on one hand and the global SUV boom on the other, Korea’s leading carmaker is determined to sell about 570,000 units worldwide this year. More than 3.95 million units were sold worldwide since the Tucson’s launch in 2004 and it has become one of the best-selling models for the world’s fifth-largest
March 17, 2015
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Lamborghini pulls out of Seoul Motor Show
Italian luxury sports brand Lamborghini on Tuesday withdrew from participation in the 2015 Seoul Motor Show, which will run April 3-12 at KINTEX in Ilsan, Gyeonggi Province. “We regret to confirm that Lamborghini has pulled out from the plan at the last minute, due to a lack of support from headquarters,” the organizing committee stated on the day. The committee, which has put the supercar-maker at the forefront of the promotion this year, said it will seek for compensation of up to 30 million w
March 17, 2015
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Hyundai Motor launches all-new Tucson in domestic market
Hyundai Motor Co., South Korea's leading automaker, unveiled its all-new Tucson SUV in the domestic market Tuesday, with a plan to sell 42,000 units this year. The latest Tucson is likely to stimulate the small SUV market by heating up competition at a time when demand is rising among younger consumers, including women. The Tucson is the outcome of a 44-month-long development project in which Hyundai Motor "injected all of its capacity." It is the third-generation model and comes out six year
March 17, 2015
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Kia Motors' cumulative sales of passenger cars surpass 5 mln mark
Kia Motors Corp., South Korea's second-largest carmaker, said Tuesday that its cumulative domestic sales of passenger cars have exceeded 5 million units, a milestone achieved in more than four decades since its first passenger car hit showrooms here. Kia Motors, a smaller affiliate of market leader Hyundai Motor Co., said the cumulative domestic sales of its passenger cars came to 5,012,236 units as of February this year, after launching its first passenger car model in 1970. The carmaker saw
March 17, 2015
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New Infiniti Q70 offers safe, fun driving
The facelift version of Infiniti’s highest-class luxury sedan Q70 is the epitome of Nissan’s technology and ambition. With the same target market as the Audi A6, BMW 5-series and Mercedes-Benz E-class, the Japanese carmaker has poured the its state-of-the-art technology into this model ― from the sexy exterior based on the shape of a crouching cheetah to the powerful engine. “We are aiming to sell 3,000 Q70 vehicles this year, alongside the best-selling sedan Q50,” Nissan Korea president Takehik
March 15, 2015
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Hyundai Motor boasts of world-class acceleration
Hyundai Motor, the nation’s top automaker, launched its first “tech experience” event for the local press with its seven-speed dual clutch transmission-mounted cars at its Namyang Technology Research Center in Hwaseong, Gyeonggi Province, on Friday in an effort to strengthen communication to address its technological prowess.“The event was designed to raise public understanding of Hyundai Motor’s technological advancements,” an official from the automaker said. The move was expected as the growt
March 15, 2015
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Mercedes-Benz Korea to recall 16,504 E-class, CLS sedans for engine defect
Mercedes-Benz Korea, the local importer of German Daimler AG's luxury car brand, is recalling 16,504 E-class and CLS sedans sold here because of engine problems that could spark a fire, the transportation ministry said Sunday. The recall mostly affects 13 E-class and CLS sedans, including E-300, E-350, E-400, CLS 350 and CLS 400 sedans, from July 2012 to December 2014, according to the Ministry of Land, Infrastructure and Transport. It said a rubber seal designed to muffle noise and vibration
March 15, 2015
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Hyundai Motor's Tucson to surpass 4 million in sales
Sales of Hyundai Motor Co.'s Tucson compact SUV are expected to surpass 4 million units later this month, 11 years after it first hit the road, industry data showed Sunday. According to the data, the South Korean auto company had sold slightly over a cumulative 3.95 million units of the Tucson as of the end of February. With average monthly sales of 45,000 units, the number will likely pierce the landmark 4 million plateau within March to become the first South Korean SUV to acclaim the honor.
March 15, 2015
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Localized models of Hyundai, Kia pull up sales overseas
South Korea's top automaker Hyundai Motor Co. and its sister affiliate Kia Motors Corp. raised sales of localized car models in overseas markets such as Brazil by more than 25 percent in the first two months of the year from a year ago, industry data showed Friday.The number of localized models that the car-making duo has sold in Brazil, Russia, India and China stood at a combined 188,674 units during the first two months of the year, up 25 percent from a year earlier, according to the data. The
March 13, 2015
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‘Hyundai to build second U.S. plant’
Hyundai Motor, the nation’s top automaker, plans to start building its second factory in the U.S. within this year to ramp-up the supply of sport utility vehicles to the world’s second-largest car market, industry sources said. The new plant with an annual production capacity of 300,000 SUVs will be completed by 2017, but the company has yet to decide the plant location, the sources added.It is the first time that Hyundai Motor has disclosed a concrete plan for the second factory.Although a Hyun
March 11, 2015
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Preorders of Hyundai's new Tucson top 4,000 units in 4 days
Hyundai Motor Co. said Tuesday that more than 4,000 orders have been made for the latest edition of the Tucson SUV since South Korea's leading carmaker began receiving preorders last week. A total of 4,200 units of the all-new Tucson were sold via early orders as of Monday, just four business days after Hyundai opened preorders for the new model, according to the carmaker.The number is more than twice the sales figure for its previous version last month, which stood at 1,751 units, the company s
March 10, 2015
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Nissan Korea aims to lead foreign EV market by 2017
SEOGWIPO, Jejudo Island ― Nissan Korea, which debuted Leaf, the world’s best-selling electric vehicle, last December in Jejudo Island, has set a goal of becoming the top foreign EV brand within three years. For now, Nissan is one of the two foreign EV brands doing business in Korea along with BMW. Industry watchers forecast more foreign electric cars will soon enter the local market. “Despite growing competition, we think it is an achievable goal, considering Leaf’s credibility, safety and techn
March 8, 2015
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Renault Samsung jump-starts electric taxi market with EV
SEOGWIPO, Jejudo Island ― Renault Samsung Motor, the Korean unit of French automaker Renault S.A., will enter the electric taxi market with the SM3 Z.E., its sedan-type EV, ahead of its rivals, in an effort to retake its market leadership in the local zero-emission car market. SM3 Z.E. was the best-selling EV model in Korea in 2013, but was pushed into the second spot last year by Kia Motors’ Soul EV.“The company plans to sell 1,000 units of the SM3 Z.E. nationwide this year,’’ said Park Dong-ho
March 8, 2015
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2nd electric car expo launches on Jeju Island
The second International Electric Vehicle Expo (IEVE) kicked off Friday on Jeju Island for a 10-day run, attracting automakers and experts from around the world."We will see to it that this year will mark the start of the commercialization of electric cars on Jeju Island ... and by the end of the year, we will up the number of such vehicles here to nearly 3,000 units from the current 852," said Kim Dae-hwan, head of the IEVE organizing committee. Citing that the IEVE is "a unique event that only
March 6, 2015
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Renault Samsung seeks to sell 1,000 electric cars in S. Korea
Renault Samsung Motor Co., the local unit of French automaker Renault S.A., said Friday it plans to sell 1,000 units of its electric vehicles (EVs) in South Korea this year in a bid to become an industry leader in the country's battery-powered car market. "The company's annual sales goal for the year of 1,000 units is about one-third of the amount that the government is looking to have people purchase this year," Park Dong-hoon, sales chief and vice president of Renault Samsung, said ahead of th
March 6, 2015
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Ssangyong Motor may go all-in on SUV market
Ssangyong Motor on Tuesday said the company is planning to revamp its flagship large sedan the Chairman into a sport utility vehicle model, hinting at the company’s future direction as an all-SUV maker.“There is a risk of carrying on with the Chairman W as a sedan,” said Ssangyong CEO Lee Yoo-il in a news conference at the Geneva Motor Show. “We are considering various options for the future. Changing our platforms to high-end SUV production in order to meet with the market demand is one of them
March 4, 2015
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Foreign small cars woo young Korean drivers
Spotting small-sized foreign cars in the Korean streets will be more common this year as foreign car manufacturers are competing to debut their smaller models in different segments, targeting young Korean customers. “Going smaller in every segment will be the buzzword in the foreign auto community this year,’’ an industry insider said. BMW debuted the New Active Tourer,its minivan brand, in Korea last week. Audi launched a high-performance version of the A3, its smallest and cheapest sedan brand
March 3, 2015
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Peugeot cuts compact SUV prices
Peugeot is seeking to dominate Korea’s compact sport utility vehicle market with reinforced lineups and a discounted price for its signature New Peugeot 2008 models. Hanbul Motors, the official importer of the French carmaker, on Monday said it will readjust the price of its New Peugeot 2008 Feline L model to 30.9 million won ($29,000) from the previous 31.5 million won, inclusive of taxes. Also as part of the beef-up measures, the previous Feline, Allure and Active trims have been renamed as Fe
March 2, 2015