Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Army takes group action against Hybe for neglecting BTS
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Debate rages over ‘overly fatty’ samgyeopsal
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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[Weekender] Korean psyche untangled: Musok
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Naver will consider company benefits in deciding on selling Line shares: CEO
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Hankook Tire takes over control of Hanon Systems
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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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S. Korea, Japan, China agree to create new financing facility against regional crises
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Daihatsu to end vehicle sales in Europe
TOKYO (DPA) ― Japanese carmaker Daihatsu Motor Co. said Friday it had decided to withdraw from Europe from January 2013 due to sluggish sales and a decline in profits. Daihatsu, a subsidiary of Toyota Motor Corp., said it would end the sale of new vehicles in the European market. Worsening profitability was partly responsible as the yen rose against the euro.A stronger yen makes Japanese-made prod
Jan. 16, 2011
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Special lease program with Mini
Mini is offering special lease financing program on all models until the end of the month. Those purchasing Mini vehicles before the end of the month will be offered the choice of using a lease program that allows 40 percent of the vehicle’s price to be paid in installments over 36 months, and return the vehicle at the end of the period. Using the program, the Mini Cooper SE can be financed for 27
Jan. 16, 2011
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Peugeot launches electric bicycles
PARIS (DPA) ― With the launch of its first electric vehicle, the iOn, Peugeot is also offering a collection of three electrically driven bicycles featuring a light aluminum frame and a Panasonic electric engine with a range of between 75 and 95 kilometers. A special comfort feature is a high-quality Selle Royal saddle designed for longer trips and a sturdy luggage rack. In addition the lighting in
Jan. 16, 2011
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Toyota adds cheapest Lexus model
Toyota Motor Corp. introduced its cheapest Lexus yet in Japan as the automaker struggles to replicate the luxury brand’s U.S. success in its home market.The Lexus CT200h went on sale today priced from 3.55 million yen ($43,000), Toyota said in a statement, making it less expensive than the 3.95 million yen HS250h hybrid and 3.98 million yen IS250 sedan. The automaker, the world’s largest, plans to
Jan. 16, 2011
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New Year deals for Cadillac
GM Korea is offering a number of special deals with the CTS, SRX and STS until the end of the month.For the CTS 3.0, the company is offering a choice between a 2 percent discount and a lease financing program that allows the buyer to pay 65 percent of the vehicle’s price at the end of a 36 month period with 30 percent paid up front. Cadillac SRXFor SRX models, buyers can pick between a zero-intere
Jan. 9, 2011
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Harley Davidson’s ‘Hot Winter’ promotion
Harley Davidson Korea is holding the “Hot Winter” promotion event that offers credits for Harley Davidson accessories, free checkup service and winter clothing until the end of the month.As part of the promotion, the company is offering credits that can be used to buy Harley Davidson parts and accessories to those buying new vehicles before the end of the month.The company is also holding a mileag
Jan. 9, 2011
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Chrysler Korea celebrates 19 years
Chrysler Korea is cutting the price of 300C vehicles by 19 percent during January to mark the brand’s launch here 19 years ago.Chrysler vehicles were first imported to Korea through official channels in 1992, and Chrysler Korea was established in 1996.As part of the celebrations, the company is offering a 19 percent discount on 300C vehicles to those making the purchase in cash.The 300C models ran
Jan. 9, 2011
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Honda lease sales of EV-neo electric scooter
TOKYO (DPA) ― Honda has started delivery of its EV-neo electric scooter to customers in Japan prior to the start of lease sales to businesses in April next year, the carmaker has announced.These first 100 vehicles, which qualify as a first-class motor-driven cycle in Japan for engine displacements of 50cc or less, will be used to collect data and other information for the future development of zer
Jan. 9, 2011
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BMW introduces new car exchange program
BMW Korea is offering a chance to exchange 528i and Gran Tourismo vehicles for other BMW models until the end of the month.The offer is limited to vehicles registered less than 30 days before the date of exchange or to those having traveled less than 3,000 kilometers since their initial purchase.The offer is also limited to vehicles registered during January, and to those purchased on BMW Financia
Jan. 9, 2011
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Subaru offers special financing programs
Subaru Korea is offering a choice between tax coverage and special lease financing programs until the end of the month.Those buying the Legacy Sedan or the Outback during the period can choose between coverage for the 2-percent acquisition tax and a 36-month lease financing program.LegacyWith the New Forester, the company is also offering a 1 million won ($890) gift voucher in addition to the fina
Jan. 9, 2011
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New Mercedes C-Class to hit market early this year
STUTTGART (DPA) ― The new Mercedes C-Class, to be launched early in the new year, has undergone several modifications including a new front and rear and energy efficient engines that reduce consumption by up to 31 per cent compared to the predecessor model, according to the carmaker.Efficiency-enhancing measures include improved 7G-Tronic Plus automatic transmission and the ECO start/stop function
Jan. 9, 2011
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Glitzier auto show reflects renewed sparkle in U.S. car market
WASHINGTON (DPA) ― The big three carmakers in the United States have had many questions to answer over the last few years, including whether they even deserved to survive.This year, the likes of General Motors, Ford and even Chrysler will have the chance to gloat a little bit as they throw on glitzy displays at Detroit’s annual international auto show, which opens with a press preview on Monday.Th
Jan. 9, 2011
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Ford’s Focus Electric takes on rivals
Ford Motor Co., playing catch-up in the battery-powered car market, introduced its first electric car and promised it will outperform rivals.Ford, the first U.S. automaker to offer a gasoline-electric hybrid, will start selling an all-electric version of its Focus compact car late this year. The Focus Electric’s introduction follows last year’s debut of Nissan Motor Co.’s battery-powered Leaf and
Jan. 9, 2011
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Hyundai India posts record sales in 2010
Hyundai Motor Co. announced Thursday that its Indian operation’s sales and production figures came in at above 600,000 in 2010 for the first time since its first plant went online in 1998.The company’s Indian unit, Hyundai Motor India, began producing vehicles in 1998 with an annual production capacity of 300,000 units. Hyundai’s i20The company currently has two 300,000-unit plants in India.Accord
Jan. 6, 2011
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Registered automobiles to top 18 million in Feb.
The number of registered automobiles in South Korea could top 18 million as early as next month.The Ministry of Land, Transport and Maritime Affairs said the number of registered automobiles in the country came in at 17.94 million units at the end of last year.The ministry expects the number of registered automobiles to rise above the 18 million mark in February if the pace is maintained at last y
Jan. 6, 2011
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Hyundai takes 2nd spot in China
Hyundai Motor Group announced Sunday that the combined sales of Hyundai Motor Co. and Kia Motors Corp. in China came in at 1.1 million units last year, up 28.2 percent compared to 2009.With the increase, the group took 9 percent of the Chinese market and became the second-largest automotive group operating in China, the company said.Hyundai was fourth with about 700,000 units sold in China while K
Jan. 2, 2011