Bentley Korea launched the new Continental GT on the local market on Wednesday. The new Continental GT is fitted with a 6-liter twin turbo engine that puts out 575-brake horsepower, 15-brake horsepower more than the engine used in the previous version. The new Bentley Continental GTThe new Bentley’s speed tops out at 318 kilometers per hour, and requires 4.6 seconds to reach 100 kilometers per hou

Honda Korea is holding a sales campaign for small motorcycles until the end of May.During the period, the company is offering two coupons for free checkup services on all Honda motorcycles with engine displacements of 125 cubic centimeters or less. Models eligible for the promotion include the scooters PCX and SCR110, and the CBR125R sports motorcycle. Honda PCXThe coupons also cover free engine o

GM Korea Co. on Friday it would be the first to begin producing GM’s new Malibu midsized sedan.The company said that the new model will go into production at its plant in Bupyeong, Incheon during the third quarter of the year. Chevrolet Malibu (GM Korea Co.)Korea will also be the first among the 100 countries where the vehicle will be marketed to see the Malibu launched, the company said. The Mali

Hyundai Motor Group’s two carmakers Hyundai Motor Co. and Kia Motors Corp. announced Wednesday that two of their vehicles were selected as “Best Cars for Families 2011” by the U.S.-based business magazine Kiplinger. Hyundai Sonata Kia Sorento RAccording to the two Korean carmakers, the magazine selects vehicles included in the IIHS’ Top Safety Pick and rates them on a range of categories including

Expecting soaring pump prices, U.S. keeps up push to end tax breaks for oil, gas companiesWASHINGTON (AP) ― President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.“These tax giveaways aren’t right,” Obama said in his weekly radio and Internet address Saturday. “They aren’t smart. And

DALIAN, China ― STX Group aims to become one of South Korea’s seven largest conglomerates in terms of assets by 2020, the company announced in Dalian on Friday.The business group revealed its “Vision 2020” plan to coincide with the conglomerate’s 10 year anniversary event held in the Chinese city. Among other things, the plan calls for increasing the group’s annual sales to 120 trillion won ($112

This combined photo shows the Chinese antique "Xiao You" (L) and "Angry Bird". (chinadaily.com.cn)For long, celebrity personators have been a favorite on TV. Such over-night fame now enters the Web age as Chinese netizens revel in an obscure antique's catapult into Internet sensation, simply because of its stunning resemblance to the red-hot Angry Birds. The owl-shaped container, dated at least 3,