Hyundai Motor Co., South Korea's top automaker, said Tuesday that its November sales grew 4.9 percent on-year, driven by strong domestic demand.Hyundai Motor said in a press release that it sold a total of 451,838 vehicles in November, compared with 430,792 units a year before.Domestic sales jumped 16.9 percent on-year to 65,166 units and overseas shipments also rose 3.1 percent to 386,672 units.During the January-November period, Hyundai Motor said it sold a cumulative 4,448,969 units, down 0.9

Kia Motors Corp., South Korea's No. 2 automaker, said Tuesday that its sales increased 6.8 percent in November from a year earlier on robust demand from home and abroad.Kia sold a total of 286,303 vehicles last month, compared with 268,102 units a year earlier, the company said in a regulatory filing.Domestic sales rose 12.4 percent on-year to 50,031 units, and overseas shipments climbed 5.7 percent to 236,272 units.Kia Motors sold 2,742,899 units during the January-November period, down 0.6 per

GM Korea Co., the local unit of U.S.carmaker General Motors Co., said Tuesday that its sales in November dropped 2.2 percent from a year earlier due to weak domestic sales.The carmaker sold 51,052 units last month, down from the previous year's 52,218 units, the company said in a press release.Its domestic sales shrank 7.3 percent on-year to 11,446 units, while overseas shipments also edged down 0.7 percent to 39,606 units. GM Korea's cumulative sales during the January-November period totaled 5

Ssangyong Motor Co., the local unit of Indian auto conglomerate Mahindra & Mahindra Ltd., said Tuesday that its sales shot up 24.2 percent on-year in November as soaring sales at home helped offset plunging exports.  Ssangyong Motor sold 12,415 units last month, up from the previous year's 10,000 units, the company said in a press release.The figures do not include complete knockdown kits that are assembled abroad. Overseas shipments nosedived 20.1 percent to 3,353 units over the cited period. O

Hyundai Motor Group Chairman Chung Mong-koo will meet with heads of overseas sales units in mid-December to discuss sales tactics and future business plans in global markets, industry sources said Tuesday.During the meeting to be held at its headquarters in Seoul, around 60 heads of sales units of Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. will gather and exchange opinions on the latest market trends and sales plans for next year, according to the sources. During the meeting, w

Korea’s Fair Trade Commission has launched an investigation into allegations that the scandal-ridden Volkswagen Group misled Korean customers about its vehicles being overly eco-friendly and fuel-efficient, it was revealed Monday. If proved, the German carmaker may face fines of up to 2 percent of its sales in the country, the authorities said. The Korean government last week had slapped a recall order on 125,522 Volkswagen vehicles that are suspected of being equipped with its controversial emi

Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. saw their sales in China steadily rebound from a months-long slump, as they strive to make up for early losses with deep price cuts and ramped-up marketing efforts, industry data showed Monday.Hyundai Motor and Kia Motors, South Korea's top two automakers, sold a combined 156,575 units in China last month, up 4.7 percent from the same month a year earlier.The sales represented 8.9 percent of total market demand in October, up from the

Hyundai Motor Co., South Korea's leading automaker, saw its sales in India last month surge on the back of strong demand for the Creta crossover SUV, industry data showed Monday.According to the data, Hyundai Motor sold 47,015 cars in India last month, up 23.7 percent from a year earlier. During the January-October period, its cumulative sales also rose 13.7 percent on-year to 390,489 units.The spike stemmed in part from strong sales of the Creta that Hyundai Motor developed to target customers

Hyundai, Honda, Bentley, Porsche, FCA, Volvo will recall 4,897 cars and motorcycles sold in South Korea for safety-related mechanical defects, the Ministry of Land, Infrastructure and Transport said Monday.Hyundai Motor Co., South Korea's No. 1 carmaker, confirmed it found problems with its differential gearbox in the Genesis Coupe that can cause excessive noise and even lead to the drive axle slipping from its proper position, the ministry said.The 446 cars affected were made between Dec. 28, 2

Volkswagen AG's diesel gate emissions cheating scandal pushed up sales of hybrid vehicle sales in South Korea to record highs, industry sources said Sunday.According to Hyundai Motor Co. and Toyota Motor Co., which lead hybrid car sales in the country, demand for vehicles that can run on both electricity and an internal combustion engine, hit 24,490 units in the first 10 months of the year. The combined sales figure for the two companies represents a spike of 18.8 percent from 20,610 cars sold i