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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Is NewJeans headed for a long 'break'?
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S. Korea, Cambodia forge strategic partnership
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Police raid popera singer Kim Ho-joong's house over hit-and-run suspicions
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[KH Explains] Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
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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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Kepco to raise electricity prices as total debt soars past W200tr
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Tesla undecided on launching in Korea
Tesla Motors on Monday called Korea an “exciting” market, but would not confirm whether it would be opening its next store here. Jeff Evanson, vice president of investor relations at the U.S.-based firm, told The Korea Herald that while he could not say if Korea is a low-priority market, Tesla simply cannot meet the market demand, saying it faces a supply constraint where it is already selling. “Certainly we do see Korea as an exciting market, but we can’t make any announcement on our next store
Nov. 18, 2013
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Mahindra reaffirms support for Ssangyong
Mahindra & Mahindra, the largest shareholder of Ssangyong Motors, reaffirmed its support for the carmaker at a meeting with lawmakers from Korea’s opposition political parties, stressing that Ssangyong will invest up to 1 trillion won ($940.9 million) to produce three new products by 2017.“Chairman Anand Mahindra and president Pawan Goenka both showed their unwavering support for Ssangyong,” Mahindra’s publicists said Sunday. Mahindra is chairman and managing director of Mahindra & Mahindra, whi
Nov. 17, 2013
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LG takes initiative in electric cars
LG Chem will no doubt play a key role in manufacturing faster electric cars for Renault, one of the world’s leaders in the segment, according to recent developments. But it remains to be seen just how it will work, whether it will be in LG’s advantage and how it will help the firm find new drivers of growth, especially as LG Electronics’ new Vehicle Components unit appears to be struggling to make a name for itself. Amid the uncertainty, there is now talk of the new unit being merged with LG Che
Nov. 17, 2013
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Pushing the limits at Hyundai Motor’s desert track
MOJAVE, California ― A three-hour drive from Los Angeles, a Hyundai Motor Group sign appears on a seemingly isolated road in the Mojave Desert.Amid the silence stands the Korean auto giant’s California Proving Ground, where the long-anticipated new Hyundai Genesis appeared to be undergoing late-stage validation tests ahead of its official launch on the huge oval track. “Extreme weather conditions are perfect to test vehicles to their limits. And we can also avoid spy shots before the official la
Nov. 17, 2013
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New S-Class to be unveiled on Nov. 27
Mercedes-Benz Korea is expected to introduce the sixth-generation New S-Class flagship sedan to Korea on Nov. 27, the carmaker said Sunday.Dieter Zetsche, chairman of Daimler AG and head of Mercedes-Benz Cars, will visit for the first time to unveil the New S-Class. Intelligent drive, essence of luxury and efficient technology are the three terms used to describe the new model that comes in a dynamic new silhouette and design, the company said.New features including the Driving Assistance Packag
Nov. 17, 2013
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[Photo news] Add to lineup
Nov. 14, 2013
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Renault Samsung Motors to begin early QM3 sales
Renault Samsung Motors will sell 1,000 units of its QM3 crossover during December ahead of its official release, the company said on Thursday.It will be a one-time sale until the QM3 hits local shelves in earnest in March. The QM3 had initially been expected to start selling here earlier but high demand in Europe pushed back the date.Korea will be the first region in Asia where the QM3 will be available this year. Preorders will start on Nov. 20, RSM said. The QM3 1.5 diesel’s official fuel econ
Nov. 14, 2013
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Mercedes-Benz Korea unveils 2014 M-Class
Mercedes-Benz Korea has unveiled the 2014 version of its premium SUV, the M-Class, the company said Thursday. An upgraded command controller, a digital TV tuner and an entertainment system for the rear backseat are among the car’s upgraded features.In particular, a custom-made navigation system for Korean consumers has been fitted to offer a realistic 3-D map that can search for both old and current addresses. The map supports Hangeul and up to 40,000 Korean words can be searched. Also, for the
Nov. 14, 2013
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BMW ends year with strong new models
NAMHAE, South Gyeongsang Province ― During a media meeting wrapping up this year on Thursday, BMW Korea CEO Kim Hyo-joon spared his words on what the company has achieved this year, including another possible sales record of about 33,000 vehicles. But he did not hide his high expectations for next year. Among other things, the long-anticipated i3 electric car will hit the Korean market in May, while a new BMW driving center ― the first outside of Germany and the U.S. ― will open in Yeongjongdo I
Nov. 10, 2013
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Revamped Ssangyong Actyon launched globally
Ssangyong Motor on Friday debuted the facelift version of the Actyon sport utility vehicle overseas, putting a greater strategic emphasis on the emerging Central Asian and Eastern European markets. The new Actyon, which boasts a more aggressive and sportier styling, is equipped with a more environment-friendly powertrain that meets the Euro 5 emission limits, according to the Korean carmaker owned by India’s Mahindra & Mahindra. Adding to its existing 150 horsepower gasoline engine, the new Acty
Nov. 10, 2013
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Hyundai Motor union returns moderate former leader to office
Hyundai Motor Co. workers returned to office a former union leader seen as more moderate than the incumbent, who led strikes that caused record annual production losses at South Korea’s largest automaker. Lee Kyung-hoon, 52, was backed by 52 percent of the 47,000-member union in a vote on Nov. 8, defeating Ha Bu-young, 53, according to the union’s website. Lee will replace Moon Yong-moon, whose leadership over the past two years came to be considered a sign of resurgent militancy at South Korean
Nov. 10, 2013
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Behind its funky exterior, Juke is a true CUV
It was not love at first sight, but after a four-day test drive, I had to admit that the Juke had a host of odd charms. The Juke, by Nissan, made its Korean debut in early October. The car has already made a strong statement here, with its funky looks garnering it nicknames including “jumping spider” and “horned lizard.” This is mainly due to the Juke’s bug-eyed front features and swollen front fender matched with a high waist, tapered side windows and a steeply descending roofline. Accordingly,
Nov. 3, 2013
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Renault aims to sell 4,000 SM3 Z.E.s
Renault Samsung Motors is aiming to sell up to 4,000 of its first full-electric car, the SM3 Z.E., next year.“I am convinced it would be a game changer in the (electric car) sector in the future,” said Gilles Normand, head of Renault’s Asia-Pacific operations at a press conference held Friday to mark the official launch of the compact electric vehicle. Normand stressed he was certain the car would find success in Korea as Korean customers care about the environment and innovative technology, and
Nov. 3, 2013
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Mercedes doubles U.S. lead over BMW on New CLA Coupe
Daimler AG’s Mercedes-Benz sold 4,895 of its $29,900 CLA coupe in the car’s first full month of availability, helping the brand post a 25 percent October gain and double its U.S. luxury-vehicle lead.Total sales for Mercedes rose to 30,069 vehicles, as E-Class deliveries climbed 23 percent from a year earlier, Stuttgart, Germany-based Daimler said in a statement today. Bayerische Motoren Werke AG’s BMW brand reported selling 27,574 vehicles, a 4.2 percent increase.The CLA, the lowest-priced Merce
Nov. 3, 2013
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Lexus ES 300h defines perfection
Hands down, the Lexus ES 300h was the best car I’ve ever driven.It lived up to the Lexus reputation of being one of the most “perfect” cars around. So perfect, in fact, that it’s been trying to reshape the brand to gain a more dynamic appeal. For me, the drive proved that getting behind the wheel is not always about power and “feeling” it, but about how comfortable and relaxed you can be. In these terms, the sixth generation ES 300h far surpassed any other vehicle I’ve driven. The size was also
Oct. 27, 2013
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Retuning car modification culture in Korea
A Maserati Quattroporte, whose characteristic jazzy exhaust sound is admired as music among car enthusiasts, was recently stopped by a police officer in downtown Seoul for making “excessive noise.”The driver explained he hadn’t modified the car, but it was useless. The police officer seized the vehicle. The owner, who got the car back the next morning, is reportedly preparing a lawsuit. “That’s very unthinkable in Germany,” said Cha Ji-won, CEO of A-Seung Automotive Group, the official Korean im
Oct. 27, 2013
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Mercedes-Benz halves costs as Gangnam showrooms boom
Mercedes-Benz Financial Services Korea Co. slashed borrowing costs by more than 50 percent as record demand for imported cars in Seoul’s Gangnam luxury-goods district spurs its lending business. The unit of German automotive group Daimler AG sold 130 billion won ($122 million) of two-year notes on Oct. 14 at 3.38 percent, 57 basis points more than similar-maturity government bonds, data compiled by Bloomberg show. That’s lower than both the spread on 2014 securities sold in November of 123 basis
Oct. 27, 2013
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New Genesis to take on BMW, Benz
The wraps have come off Hyundai Motor’s latest flagship sedan. On Thursday, the media was offered a sneak peak into the next generation Genesis that the country’s largest carmaker has been developing for years in a bid to outperform global premium brands such as the BMW and Mercedes-Benz.“The new Genesis is the first car that reflects our new brand identity of ‘modern premium’ and product identity of ‘caring,’” said executive vice president Hwang Jeong-ryeol who overlooked the project. “The new
Oct. 24, 2013
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Audit derided as show, lacking in substance
It’s called an “audit” and witnesses are called in, but those on the receiving end of the questions are barely allowed any time to answer, and it soon becomes clear it’s more about offering the “right” answers and less about the truth. The right answer, in most cases, is to agree with whatever the lawmakers have to say. When this doesn’t happen, things can get ugly. The local imported car sector learned this when the CEOs took a stand for the first time in Korea. Now, some of them may be facing
Oct. 21, 2013
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Toyota Korea marks Home Coming Day
To celebrate its fourth year in Korea this month, Toyota Motor Korea said it would hold a Home Coming Day event between Oct. 19 to 27 to offer gifts and test-drive opportunities to customers visiting Toyota showrooms.The company said that this year was particularly meaningful as Toyota was the fastest among imported carmakers to sell more than 30,000 cars since the data was first compiled in 2003. As of September, Toyota sold 30,490 vehicles here to surpass the 30,000 mark for the first time sin
Oct. 20, 2013