The Korea Herald

Honda recalls Civics on fuel leak risk

Jan 1, 2012
Renault Samsung plans Korea’s first mass-produced electric car

Dec 30, 2011

Renault Samsung, the local affiliate of French automaker Renault SA, said it plans to introduce the all-electric SM3 to the public in 2013 in what is to become the country’s first mass production of zero-emission cars, CEO Francois Provost said. “We have plans to mass produce EV cars out of our Busan plant, we will confirm the details at the beginning of next year,” Provost recently told The Kor...
Hyundai Motor to invest W14tr in 2012

Dec 29, 2011

Group’s R&D investment to focus on launching more hybrid models Hyundai Motor Group has set a record-high budget with its 2012 investment in two major sectors ― facilities and research & development. The automotive group said Thursday that its investment target for next year comes to 14.1 trillion won ($12.3 billion), up 15.6 percent from its 2011 investment. Of the 14.1 trillion won investmen...
Hyundai Motor to establish research center at Hanyang Univ.

Dec 28, 2011

An artist’s rendering of Hyundai Motor Group’s research center for developing futuristic cars, which will be built at Hanyang University in Seoul. (Hyundai Motor) Hyundai Motor Group will establish an automotive research institute at the Seoul campus of Hanyang University. The business group said Wednesday that it has signed a contract with the university to build a research center for developi...
Sales of Kia’s K2 subcompact car hit record high in China

Dec 26, 2011

Kia’s K2 Kia Motors Corp., South Korea’s second-largest automaker, said Monday that sales of its K2 subcompact vehicle reached a record high in China last month, driven by rising demand there. The K2, also known as the Rio in the U.S. and European markets, hit showrooms in China in July and has proven a big hit, with sales exceeding the 10,000 mark in September. Sales of K2 models in China rea...
Volvo’s new plug-in-hybrid available late 2012

Dec 25, 2011

STOCKHOLM (DPA) ― Volvo is planning to extend its model line-up with a V60 Plug-in-Hybrid that will be available as a limited edition late next year, according to the manufacturer. The Pure Limited Version, with a production run of 1,000 units,will be available in Europe starting at 57,000 euros ($74,300), some 5,000 euros higher than for the basic diesel version. Among the standard features ar...
Toyota sales may rise 20 percent on recovery from disasters

Dec 25, 2011

Toyota Motor Corp. said its vehicle sales may rise the most in at least 12 years in 2012 as Asia’s biggest carmaker recovers from production disruptions caused by Japan’s March earthquake and Thailand’s record flooding. The maker of Prius hybrid cars may boost global deliveries 20 percent to 8.48 million vehicles from an estimated 7.05 million in 2011, it said in a statement today. The forecast ...
Car exports, imports up despite economic woes

Dec 25, 2011

Hyundai-Kia’s exports to surpass 2m units; import car sales to top 100,000 units in 2011 The overall automotive industry of Korea posted robust sales growth in 2011, despite global economic woes in the wake of the eurozone debt crisis. Korean companies, such as Hyundai Motor and Kia Motors, saw exports surge and foreign companies, including BMW and Mercedes-Benz, expanded their presence in the ...
Ex-BMW official to head design for Hyundai cars

Dec 23, 2011

Christopher Chapman Hyundai Motor tops German quality report for second consecutive year Hyundai Motor said Friday that former BMW designer Christopher Chapman will lead the carmaker’s global design initiative as chief designer at the Hyundai America Technical Center Inc. in the U.S. Chapman takes over from Philip Zak, who joined Hyundai Motor from General Motors in 2009 and recently returned ...
Ex-BMW official to head design for Hyundai cars

Dec 23, 2011

A captured photo from SBS`s TV drama "Secret Garden" (SBS) Hyundai Motor tops German quality report for second consecutive year Hyundai Motor said Friday that former BMW designer Christopher Chapman will lead the carmaker’s global design initiative as chief designer at the Hyundai America Technical Center Inc. in the United States. Chapman takes over from Philip Zak, who joined Hyundai Motor f...
Hyundai’s Chung No. 2 in world auto power list

Dec 22, 2011

Hyundai Motor Group chairman Chung Mong-koo was selected as the second-most influential figure in the world’s automotive industry by U.S.-based publication Motor Trend. Last year, Chung ranked fifth on the “power list” named by the auto magazine. Over the past few years, Hyundai Motor and its affiliate Kia Motors have achieved all of the goals Chung set, the magazine said. Chung Mong-koo It a...
Kia Motors introduces electric model for Ray

Dec 22, 2011

Yang Woong-chul (left), president of research and development at Hyundai-Kia and Chung Yun-kook, vice president for Kia’s domestic sales operation, charge the battery for an all-electric Ray at the company’s Namyang research center in Gyeonggi Province on Thursday. (Kia Motors) Kia Motors Corp., the second-largest carmaker in the country, introduced its first all-electric version of the small ur...
Chung named influential figure in auto industry

Dec 22, 2011

Hyundai Motor Group chairman Chung Mong-koo was selected as the second-most influential figure in the world’s automotive industry by U.S.-based publication Motor Trend. Last year, Chung ranked fifth on the “power list” named by the auto magazine. Over the past few years, Hyundai Motor and its affiliate Kia Motors have achieved all of the goals Chung set, the magazine said. It also said competi...
Hyundai Motor’s Eon, Verna named best cars in India

Dec 21, 2011

Hyundai Motor Co.’s Eon and Verna small-size cars have been respectively named the “best cars of the year” in their segments in India, industry sources said Wednesday. The Eon, Hyundai’s hatchback city car, has been named the micro-mini car of the year by the Overdrive automotive review program aired on CNBC-TV18, according to the sources. The model made by South Korea’s largest carmaker featur...
Hyundai Motor chief puts priority on quality of high-speed train

Dec 19, 2011

Hyundai Motor Group promoted six top management personnel at major units on Monday as part of chairman Chung Mong-koo’s business policy to secure internal strength. Jung Soo-hyun, who worked as a CEO of Hyundai E&C, was promoted to president and CEO of Hyundai Group’s construction unit, taking the No. 1 position in the company. Hyundai Mobis CEO Jun Ho-suck will lead the auto parts producer as ...