Most Popular
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Ador claims exclusive contracts with NewJeans still valid
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Heavy, wet snow to fall more often this winter
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SNU professors join growing movement calling for Yoon's resignation
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Presidential office criticizes opposition-led state auditor, prosecutor impeachment motions
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N. Korea launches 32nd wave of trash balloons, anti-S. Korea leaflets
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‘NewJeans are no longer under Ador,’ says legal expert
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[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea
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NewJeans leave for Japan shows day after unilaterally terminating contract with Ador
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Will Min Hee-jin reunite with NewJeans?
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Son Heung-min scores penalty in Europa League draw vs. Roma
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Sales of imported vehicles jump 22 pct in May
SEOUL (Yonhap) -- Sales of imported vehicles in South Korea surged 22 percent last month from a year earlier on demand for new models and aggressive marketing strategies by local dealers, a trade association said Tuesday.A total of 8,777 imported vehicles were sold here in May, compared with 7,193 units sold a year earlier, according to the Korea Automobile Importers and Distributors Association (
June 7, 2011
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Audi launches next generation A6 Avant
INGOLSTADT, Germany (DPA) ― Audi is launching the next generation A6 Avant with a choice of six engines, lightweight components and such features as a rear hatch opening in response to a sensor signal.Fuel consumption has been reduced by as much as 18 percent compared with the previous model, according to Audi. Topping the engine lineup is the new 3.0 TDI with twin-turbo technology and 230kW/313 h
June 5, 2011
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BMW pays tribute to 1930s sports car
MUNICH (DPA) ― BMW is paying tribute to a 1930s sports car with an exciting new show car called the BMW 328 Hommage which is fitted with all that modern technology has on offer and design cues reminiscent of the classic built 75 years ago.“With the BMW 328 Hommage, we wish to pay homage to the passion and inventiveness of the fathers of the BMW 328”, said Karl Baeumer,CEO of BMW Group Classic, at
June 5, 2011
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U.S. to sell remaining Chrysler stake to Fiat
WASHINGTON (DPA) ― The U.S. government is selling its remaining 6-percent equity in carmaker Chrysler to Italy’s Fiat SpA for $500 million, the U.S. Treasury Department announced last week.“After the completion of this transaction, Treasury will have fully exited its TARP investment in Chrysler Group LLC,” the department said in a statement.TARP refers to the Troubled Asset Relief Programme launch
June 5, 2011
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Volvo P1800 celebrate 50th anniversary
The Volvo P1800 has turned 50. The eye candy of classic style lovers debuted in 1961, and shaped the image of Volvo as a maker of vehicles with style and diamond-hard durability. The design by Peitro Frua later morphed the sports car into a Grand Turismo Estate that inspired the Volvo 30 ― the modern equivalent of the P1800. The 1800 model boasts world famous durability, with the 1800S headed for
June 5, 2011
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Mercedes-Benz offers free check-ups
Mercedes-Benz Korea is offering check-ups and coolant replacement free of charge until June 25, the company said. Available at 23 services across the country, the promotional offer celebrates 125 years of its business operation. The local office of German carmaker is also offering 16 percent discount on selected components as part of the offer. “The check-ups are to help drivers prepare their summ
June 5, 2011
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Renault Samsung opens supply support center
Renault Samsung Motors began operating the global supply support center for Korea-made components, expanding opportunities for parts suppliers in the overseas market. The company opened a consultation desk for part suppliers within its Purchasing Division located in its technical center in Giheung, south of Seoul, to answer their inquiries about exports. “Through the operation of the Global Supply
June 5, 2011
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Kia expands U.S. production by 20 percent
Kia Motors Corp., Korea’s second-largest automaker, announced plans last week to raise output at its Georgia plant by 20 percent, underscoring the U.S. industry’s biggest market-share gain this year.Kia, an affiliate of Hyundai Motor Co., raised its U.S. share 0.8 percentage points to 3.8 percent through May, topping gains of 0.7 point for General Motors Co. and 0.6 point for Hyundai, according to
June 5, 2011
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Toyota pledges to overtake BMW in Korea
Toyota Motor president Akio Toyoda vowed to become the champion of sales among foreign automakers in Korea by 2014, promising tough competition with German players.During his visit to Seoul over the weekend, Toyoda said, “Though we may not able to restore our brand image all at once, we will make efforts to top the list of Korea’s import car market within three years.”The CEO’s commitment came dur
June 5, 2011
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Two-seater thrills lure uptown drivers
High-end vehicles lead foreign carmakers’ charge in Korean marketBuoyed by a growing love for sports cars by the well-to-do, foreign luxury car brands are upping their share of the domestic car market.Auto analysts say more are turning to exotic options accompanying fast, topless thrills often with luxury amenities like rain-sensing windshield wipers and automatic climate control with pollen filte
June 5, 2011
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Toyota president sees return to full output from November
June 4, 2011
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Hyundai-Kia grabs 10% of U.S. market
Hyundai Motor Co. and its affiliate Kia Motors Corp. saw their U.S. market share exceed 10 percent for the first time in May, mainly thanks to robust demand for new models.The automakers under the wing of Hyundai Motor Group sold 107,426 vehicles in the United States last month, up 21 percent from a year earlier.They captured 10.1 percent of the American market, where the total sales of global aut
June 2, 2011
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Hyundai to develop sedan only for China by 2013
Hyundai Motor said that it would develop a mid-sized sedan aimed at mostly Chinese customers by 2013.The project to launch a China-oriented sedan came as the automaker anticipates that the sales of middle-class sedans will surge in coming years in the Asian superpower, a Hyundai spokesman said Wednesday.“The China-oriented sedan will not be a remodeled car,” he said. “A new model which would under
June 1, 2011
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Lamborghini to launch new ‘everyday’ model
May 29, 2011
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Volkswagen sees new U.S. plant as key to topping Toyota Motor
May 29, 2011
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India’s Tata Motors reports flourishing profits, led by JLR
MUMBAI (AFP) ― India’s top vehicle maker Tata Motors on Thursday reported a nearly fourfold increase in annual profit, boosted by booming sales and strong demand for British brands Jaguar and Land Rover.Net profit was 92.7 billion rupees ($2.04 billion) for the year to the end of March 2011, up from 25.7 billion rupees in the previous year, the company said in a statement to the Bombay Stock Excha
May 29, 2011
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Jaguar draws customers with unique designs
Jaguar is targeting the Korean market by launching modern sedans and increasing the number of showrooms in major cities here.Its unique and beautiful designs are attracting Korean customers, especially people who want to buy a different type of car.“Many owners of BMW or Mercedes-Benz have replaced their cars with Jaguar models,” a Jaguar-Land Rover Korea spokesman said.“While vehicles of German o
May 29, 2011
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Korea, Germany vie to be world’s No. 4 carmaker
Seoul is projected to capture 11% of the world’s auto production market within four yearsKorea has been striving to become one of the world’s four largest automakers, though the nation ranked fifth for six consecutive years between 2005 and 2010.Though Korea grabbed fourth place in the global auto manufacturing ranking in 1997, it suffered difficulties in the wake of the 1997-98 financial crisis.N
May 29, 2011
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Peugeot 508 makes Asia-premier debut in S. Korea
Hanbul Motors Corp., the local importer and distributor of French automaker PSA Peugeot Citroen, introduced the new Peugeot 508 in South Korea on Wednesday, also marking the vehicle's Asia debut. The passenger sedan comes in two trims -- the chaste Allure version with a 2.0-liter engine and the sportier GT version with a 2.2-liter HDi engine. The Peugeot 508 Allure has a maximum horsepower
May 25, 2011
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Carmakers face output cut on parts firm strike
Police launched a probe Monday into an illegal strike by an auto parts manufacturer in Asan, South Chungcheong Province, which is prompting work suspension at plants of the nation’s major carmakers including Hyundai Motor in Ulsan.The police said they are considering requesting an arrest warrant for the company’s labor union leaders, as well as for key players behind the strike and the illegal occ
May 23, 2011