The Korean-German Chamber of Commerce and Industry has published a report detailing diverse social contribution programs led by 11 German companies in Korea, including Stuttgart Sports Cars Ltd., BASF, BMW Group, Mercedes-Benz and Bayer Korea.The KGCCI’s CSR Report describes diverse programs run by 11 German firms to fulfill their corporate social responsibility, or CSR, which refers to a company’s voluntary efforts to engage with and give back to the community.KGCCI decided to compile the repor

Hyundai Motor Co.'s Genesis and Solaris have received Car of the Year awards in the premium and subcompact segments, respectively, in Russia, industry sources said Wednesday.   According to the sources, Kia Motors Corp.'s Cee'd also received the award for 2015 as a compact vehicle in Russia. In particular, the Solaris, known as the Accent in South Korea, got the recognition for the fourth straight year.  The awards are granted based on surveys of about 1 million consumers.  "The subcompact segme

Mercedes-Benz Korea, the local importer of the luxury German car brand, is recalling nearly 2,800 vehicles sold here because of an oil leak that may lead to a fire, the transportation ministry said Sunday.  Due to a defective part in 10 vehicle models, including the E220, engine oil may leak, increasing the risk of a fire, according to the Ministry of Land, Infrastructure and Transport.  The recall affects 1,572 cars produced between Oct. 1, 2014, and Feb. 12, 2015. They include 310 units of the

Hyundai Motor posted an 18.5 percent decline in operating profits at 1.5 trillion won ($1.3 billion) in the first quarter of 2015 on-year, the nation’s top automaker said on Thursday.“The strong won against other currencies continued to erode profits in the first quarter of this year,’’ the automaker said in a press release. The firm’s revenue also fell 3.3 percent to 20.9 trillion won in the same period. Sales of cars fell both at home and abroad. The world’s fifth largest automaker in volume s

GM Korea Co., the local unit of American automaker General Motors Co., is recalling more than 9,000 units of its Orlando minivan for a bad grounding connection that may cause the engine to stop, the transportation ministry said Thursday.According to the Ministry of Land, Infrastructure and Transport, a dodgy electrical ground in the engine control unit of the Chevrolet Orlando LPG may cause engine vibration or cause the engine to turn off.The recall affects 9,338 Orlando vehicles produced betwee

Hansung Motor, the local importer and distributor of Mercedes-Benz, said Thursday that it aims to double its sales of the German brand in South Korea within five years.Hansung Motor said that it will push to achieve the sales target by 2020, with steady investment on showrooms and customer service centers, a move aimed at enhancing the overall customer experience.Last year, the company sold 16,000 cars, which it is aiming to raise to about 30,000 units by the cited year. Hansung Motor accounts f

Kia Motors, the nation’s second-largest carmaker, temporarily stopped operations at its U.S. plant in Georgia after a shooting incident occurred at the factory on Tuesday afternoon. According to U.S. reports, an employee at the plant shot his coworker around 2 p.m. The shooting victim was flown by helicopter to a hospital in nearby Columbus for treatment. The company could not confirm the extent of the victim’s injuries. The suspect was arrested by the carmaker’s security officials at the site,