The Korea Herald

More Koreans sue Volkswagen over emissions scam

Oct 6, 2015

Another group of Volkswagen vehicle owners in South Korea has sued the German carmaker for deceiving them about emission tests following the first case filed last week, their legal representative said Tuesday. They accused the carmaker and dealers of deceiving its customers and demanded that the contracts they made to buy the cars in question be annulled. They sought 30 million won ($25,000) each in damages in case the contracts are not canceled.A total of 38 people filed the lawsuit against Vol
Volkswagen's car sales in Korea drop 7.8 pct in Sept.

Oct 6, 2015

Embattled German carmaker Volkswagen saw its sales in South Korea drop nearly 8 percent on-month in September amid the deepening emissions rigging scandal, far underperforming in the market, industry data showed Tuesday.According to the data compiled by the Korea Automobile Importers and Distributors Association, Volkswagen sold 2,901 cars in South Korea last month, down 7.8 percent from a month earlier.The latest sales data have been closely watched as they were expected to provide a glimpse in
Hyundai Motor stocks back on track after one-year slump

Oct 4, 2015

Investors are coming back to Hyundai Motor as a weakening won and strong sales of new cars at home in the third quarter give shares of the nation’s top automaker a chance to bottom out from the yearlong slump. The all-new Avante, which debuted in September. Hyundai MotorAccording to stock market operator Korea Exchange, shares of the carmaker rose about 27 percent for the past three months until last Friday when they closed at 167,000 won ($141.17). They have been in a slump for the past year si
Chevrolet Impala outsells Hyundai Aslan in Sept.

Oct 4, 2015

Hyundai Aslan struggling to keep up sales amid high competition
All-new Jeep Renegade runs high in SUV market

Oct 4, 2015

　In line with the growing number of people who are heading outdoors to camp or partake in various recreational activities, sport utility vehicles have recently been enjoying heightened popularity in South Korea.　At the forefront of the continued SUV boom is Jeep, the world’s leading SUV brand under Fiat Chrysler Automobiles.　Eyeing new SUV buyers, FCA Korea debuted the all-new Renegade here last month in Seoul. The Renegade, Jeep’s latest and first compact SUV, has been recognized for its high p
[Photo News] Hyundai Motor sponsors 2015 Presidents Cup

Oct 4, 2015

SPONSORSHIP FOR 2015 PRESIDENTS CUP -- Hyundai Motor’s director of domestic sales Chang Jae-hoon (right) delivers 67 Hyundai vehicles to Matt Kamienski, vice president at PGA Tour, in a ceremony held Friday in Incheon. Hyundai Motor is an official sponsor of the 2015 Presidents Cup, which will take place in Incheon from Oct. 6-11. (Hyundai Motor)
Korean consumers sue Volkswagen

Sept 30, 2015

Two owners of Volkswagen vehicles filed a lawsuit against the German carmaker over its emission-rigging scheme, the first legal action of its kind in the country, their lawyers said Wednesday. Corporate logo of Volkswagen　Lawyer Ha Jong-sun said the owners had decided to take the case to a Seoul court to demand Volkswagen and its local dealers cancel their contracts and refund the cost of the vehicles.　One of the two Korean plaintiffs involved in the case owns a 2014 Audi Q5 2.0 TDI, while th
Hyundai Motor's market share in emerging markets up in Aug.

Sept 28, 2015

Hyundai Motor Co. saw its market share in Brazil, Russia and other emerging markets grow in August from a year earlier, industry data showed Monday, raising hopes that demand might be recovering from a protracted slump.　According to the data made available by each country, Hyundai Motor sold a combined 72,302 cars in four emerging markets -- Brazil, Russia, India and Mexico. The sales are up 8.1 percent from a year earlier.　Hyundai Motor’s car sales accounted for 10.8 percent of the　672,254 cars
Kia Motors‘ Soul EV tops German electric car market in Aug.

Sept 28, 2015

　Sales of the Soul EV by Kia Motors Corp., South Korea’s second-largest carmaker, ranked first in Germany‘s electric vehicle market last month, industry data showed Monday.　Kia Motors sold 360 units of the Soul EV last month in Germany, outperforming the A3 3-tron at 177 units and Tesla Model S with 130 units, according to the data.　The Soul EV’s market share in the German electric vehicle market stood at 25 percent last month.　Kia Motors has sold a cumulative 1,099 units of the Soul EV in Germa
Korea to retest fuel economy of Audi A3, A7

Sept 23, 2015

The government said Wednesday that it will retest the fuel economy of diesel-powered Audi A3 and the new A7 cars as early as in November in response to the escalating emission-fixing scandal involving Volkswagen Group.The move came after the top global carmaker conceded that its 11 million diesel vehicles used software to evade emissions controls, far more than the 482,000 cars found in the United States.The new Audi A3 “The two models are the only diesel cars of the group among dozens of sam
Korea to probe Volkswagen for cheating emission rules

Sept 21, 2015

The South Korean Ministry of Environment said Monday that it would launch an investigation into diesel-powered Volkswagen and Audi cars here to test whether or not they complied with its emissions standards.Volkswagen’s diesel cars that the Korean authority is set to investigate include Jetta, Beetle, Passat and Audi A3 cars produced between 2009 and 2015. The move came on the heels of the news Friday that the U.S. Environmental Protection Agency found the German carmaker cheated on its emission
Audi Korea enters used car business

Sept 21, 2015

A certified Audi preowned carGerman luxury carmaker Audi launched the service brand for its used car business, called “Audi Approved Premium Used Car Program,” on Monday, adding more competition in the market for preowned premium foreign cars.“Audi Korea has already run three showrooms displaying certified Audi cars in Seoul and Gyeonggi Province and offering consultation to customers,” the company said in a press release.Among the top three German premium carmakers, Audi Korea is a latecomer in
Volvo Korea to provide extended warranty

Sept 20, 2015

Volvo Car Korea on Sunday said it has extended warranties for the 2016 models or D-3 series to five years or 100,000km, from the previous three years or 60,000km. The company will also guarantee free engine oil, oil filters, air conditioner filters, brake pads and wiper blades during the same period. Such perks can be transferred even if the car is sold to another person, the company said. The longest warranty guaranteed among imported cars was designed to give a boost to the already thriving bu
[Photo news] First delivery

Sept 20, 2015

FIRST DELIVERY -- Executive vice president of Kia Motors domestic sales Kim Chang-sik (right) hands over the first model of Kia’s all-new new midsize SUV Sportage to director of the Interbrand Korea Min Eun-jeong (left) . Kia Motors said it has received over 5,000 preorders of new Sportage in a week since Sept. 9. Kia Motors
Hyundai Motor embraces subcontractors

Sept 16, 2015

Hyundai Motor Group’s announcement Monday to embrace all of its subcontractors has become the talk of the town. Pundits are watching whether other companies suffering similar problems will follow suit. The world’s fifth-largest automaker announced that the labor union and management of Hyundai Motor have agreed to gradually hire outsourced workers at its manufacturing plants as regular staff.The number of such employees has been pegged at 2,000 by 2017, which will consistently increase so that a