Most Popular
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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Seoul city opens emergency care centers
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Samsung entangled in legal risks amid calls for drastic reform
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Opposition chief acquitted of instigating perjury
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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[Exclusive] Hyundai Mobis eyes closer ties with BYD
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[Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
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Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
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BMW to recall 2,100 cars in Korea over various problems
BMW Korea, the local importer and distributor of BMW cars, will recall a total of 2,100 cars sold here for various problems, including a defective oil filter casing that could allow coolant to mix with engine oil, damaging the engine, the transportation ministry said Thursday.The recall affects 1,135 units of four BMW models, including the 528i, produced between Sept. 1, 2011, and Jan. 31, 2012, according to the Ministry of Land, Infrastructure and Transport.In 965 cars of eight different BMW mo
Dec. 29, 2016
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RVs account for 32% of Hyundai, Kia car sales in S. Korea
Recreational vehicles accounted for 32 percent of total car sales in South Korea by Hyundai Motor Co. and its affiliate Kia Motors Corp. for the first 11 months of this year, according to company data Sunday. Hyundai and Kia sold a total of 1,071,881 units at home during the January-November period. Of them, sales of RVs stood at 343,273 units. Kia Motors Corp.'s Sorento SUV (Yonhap file photo)Sales of RVs by Hyundai and Kia at home jumped 67.6 percent to 378,114 units last year, from 225,664 u
Dec. 25, 2016
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South Korea to consider extra budget early next year
Poor after-sales services largely caused by too few repair centers are causing serious inconveniences for over one million owners of imported vehicles here, a consumer agency said Friday.As of the end of November 2015, the number of foreign vehicles registered here came to 1.26 million, according to the Korea Consumer Agency (KCA).However, the number of service centers operated by 20 major import vehicle brands, including BMW and Mercedes-Benz, only stood at 359.The number compares to 2,245 serv
Dec. 23, 2016
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Hyundai Motor to face rise of Japanese rivals next year
The global auto market next year is expected to see the rise of Japanese carmakers, taking advantage of a cheaper yen and a transition to a new modular platform aimed at producing better cars at lower costs, a Hyundai Motor executive said Thursday.Park Hong-jae, vice president of Hyundai Motor’s global economic institute was referring to Toyota New Global Architecture, a platform sharing strategy designed to lower the production costs and enhance the quality of engine and power trains instead. T
Dec. 22, 2016
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Renault’s Korean unit to lead SUV development
Renault Samsung Motors, the South Korean unit of French carmaker Renault S.A., will be fully in charge of the research and development of new sport utility vehicles for the Renault group, the company said Thursday. Renault Samsung mid-sized SUV QM6 (Renault Samsung)The decision follows the success of the mid-size SUV QM6 which sold more than 10,000 units in Korea since its launch in September. QM6, also known as the Koleos overseas, was developed by the Renault Samsung Technical Center in Yongi
Dec. 22, 2016
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Cardoc secures strategic investment from GS Caltex
Cardoc, a local vehicle repair app maker, has secured strategic investment from GS Caltex, the nation’s major oil refinery, the company said Thursday. The newly established partnership will help the venture firm accelerate its growth through GS Caltex’s online and offline network, it added. The firm declined to release the amount of investment. But Cardoc hopes to start new business including car wash and exterior repair though the partnership with GS Caltex.“By combining Cardoc’s business knowh
Dec. 22, 2016
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Hyundai’s Xcient picked ‘Truck of the Year’ in China
Hyundai Motor’s heavy-duty truck Xcient won the “Truck of the Year 2017” award from a Chinese auto magazine, beating European and Japanese carmakers , the company said Thursday.Xcient is a two-engine luxury truck manufactured in a commercial vehicle plant in Ziyuan, Sichuan province. Hyundai was named the top in the award’s tractor category for the second consecutive year.“Xcient is the best big truck that is luxury and sophisticated outside and more silent inside than other competitors,” said C
Dec. 22, 2016
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Hyundai Motor's US chief quits over missed sales target
Hyundai Motor Co., South Korea's largest automaker, said Thursday that the chief of its US operations has resigned.The automaker did not provide reasons for Dave Zuchowski's resignation, only saying W. Gerald Flannery, an executive vice president of Hyundai Motor America, will be working as an interim chief until Zuchowski's successor is named."A search for Zuchowski's replacement will begin immediately," the company said in a press release."We appreciate Dave's decade of service to Hyundai, esp
Dec. 22, 2016
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GM Korea, Ford Korea to recall more than 9,000 cars
More than 9,000 cars sold by GM Korea and Ford Sales & Service Korea will be recalled due to mechanical problems, the Transport Ministry said Wednesday. GM Korea, the South Korean unit of US carmaker General Motors, will recall 4,330 units of its minitruck Labo and 4,202 Damas minivans produced between Nov. 24, 2015 and Nov. 21, 2016, due to defective fuses that could interrupt fuel injection, causing the car to lose power, the Ministry of Land, Infrastructure and Transport said. Free repa
Dec. 21, 2016
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Nearly 500 Ford cars to be recalled in S. Korea for faulty suspension
Ford Sales & Service Korea, the local importer and distributor of Ford vehicles, will recall certain model year Ford Explorer SUVs sold here for a problem related to the cars' suspension, the transportation ministry said Wednesday.The recall affects 489 Explorer cars produced between Jan. 17 and May 31 of 2014, according to the Ministry of Land, Infrastructure and Transport.The ministry said the toe link in the rear suspension of the vehicle may not have been welded properly, possibly causing it
Dec. 21, 2016
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[Newsmaker] Hyundai Motor tests strength in autonomous cars
South Korean carmaker says it is ready to make autonomous cars commercially affordableHyundai Motor may not sound as adventurous as Elon Musk’s Tesla. But when it comes to the issue of making self-driving cars commercially affordable, the South Korean carmaker appears to have some strong points. Hyundai Motor demonstrated its technological developments in autonomous driving in Las Vegas last week, testing its strength in the mass market of future mobility. Instead of using 360-degree light detec
Dec. 20, 2016
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Tivoli sales in Korea surpasses 100,000 mark
SsangYong Motor has sold its 100,000th Tivoli on home ground in the shortest span of time than any other brand it has launched, the company said Tuesday.A SsangYong sales executive (right) poses with the owner of the 100,000th Tivoli in the carmaker’s branch in Balsan Seoul, Monday. (SsangYong Motor)Tivoli, released in early 2015, is SsangYong’s first vehicle since Indian conglomerate Mahindra Group acquired the South Korean carmaker in 2011.The compact sports utility vehicle has been leading th
Dec. 20, 2016
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[Newsmaker] Hyundai tests strength in autonomous cars
Hyundai Motor may not sound as adventurous as Elon Musk’s Tesla. But when it comes to the issue of making self-driving cars commercially affordable, the South Korean carmaker appears to have some strong points. Hyundai Motor demonstrated its technological developments in autonomous driving in Las Vegas last week, testing its strength in the mass market of future mobility. Instead of using 360-degree light detection and ranging sensors -- the 3-D laser scanning methods that are expensive but cent
Dec. 20, 2016
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Hyundai Motor sees a boon in Europe
From news reportsHyundai Motor ranked first on a German automotive magazine’s annual quality satisfaction report for this year, the company said Sunday.South Korea’s largest carmaker grabbed the No. 1 spot with 2.14 points in terms of overall quality and customer satisfaction in the list released by Auto Bild.It is the third time for the company to secure to the top spot, following 2010 and 2011.The magazine has been releasing the quality report since 2001.Kia Motors, Hyundai’s sister company, c
Dec. 18, 2016
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Hyundai, Kia warned of ‘hazardous conditions’ at US suppliers before worker's death
A worker at an Alabama plant making auto parts for Hyundai Motor and Kia Motors was crushed to death by machinery in June, several months after the automakers were warned of hazardous conditions at their suppliers.David Michaels, assistant secretary of labor for the Occupational Safety and Health Administration, said in a report on the death of Regina Allen Elsea that he had visited the carmakers in South Korea in 2015 and warned top managers of safety problems at their suppliers. He cited the c
Dec. 15, 2016
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‘Samsung’s Harman buy shows evolving automotive industry’
The recent acquisition of Harman International Industries by Samsung Electronics is expected to spur the global automotive industry’s move toward intelligent and connected cars, the Korean head of a leading German auto parts maker said Wednesday.“Personally, I don’t think Samsung focusing on the automotive industry is a bad idea. I rather think it is an evidence of how innovative and dynamic the industry has become,” said Robert Lee, president and CEO of Continental Automotive Korea. Continental
Dec. 14, 2016
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Auto exports to Algeria on rise: data
Auto exports to Algeria have sharply risen this year, partly driven by rising demand and the operation of an assembly plant there, industry sources said Wednesday.According to the Korea Trade-Investment Promotion Agency (KOTRA), exports of South Korean passenger cars to the African country amounted to US$92.56 million in the first 10 months of the year, up 52 percent from a year earlier.Exports of commercial vehicles to Algeria also surged 11.1 percent on-year to $57.57 million through October.S
Dec. 14, 2016
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Imported auto sales in Korea to grow 4% next year: trade association
Imported car sales in South Korea are expected to increase 4 percent next year, aided by a recovery in the sales of Volkswagen and Audi models, and the releases of new models, a trade association said Tuesday.According to the Korea Automobile Importers and Distributors Association (KAIDA), some 238,000 foreign vehicles are forecast to sell in the country next year, compared with this year's estimated 228,000 units.In the first 11 months of the year, a total of 205,162 imported vehicles have been
Dec. 13, 2016
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S. Korea's auto exports may dip for 2nd year
South Korea's auto exports are widely expected to decline for the second consecutive year in 2016, affected by a production disruption caused by a string of labor disputes at major automakers and a protracted slump in the global economy, industry sources said Sunday.According to the sources, the total value of overseas auto shipments reached $36.07 billion in the first 11 months of the year, down 13 percent from $41.43 billion a year earlier.If this trend continues this month, this year's overal
Dec. 11, 2016
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Korea's auto exports turn around in Nov. after 17-month lapse
South Korea's car exports turned around for the first time in 17 months in November on the back of increased production after the end of strikes at major carmakers, government data showed Thursday.The total value of overseas car shipments rebounded to rise 1.5 percent on-year to US$3.98 billion in November, according to the Ministry of Trade, Industry and Energy.It is the first time since June 2015 that the country's monthly auto exports have logged an on-year growth.The number of exported vehic
Dec. 8, 2016