The Korea Herald

Import car sales to top 100,000 units in 2011

Oct 23, 2011

The nation’s automobile market is set to mark an epoch-making figure in import vehicle sales this year as more foreign companies’ expand their marketing and businesses here.Apart from the big four ― BMW, Mercedes-Benz, Volkswagen and Audi, new competitive players such as Nissan and Jaguar/Land Rover
GM Korea recalls nearly 100,000 cars worldwide

Oct 20, 2011

GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., is recalling nearly 100,000 cars globally for a faulty fuel hose in its certain model year diesel that could cause leaks and the vehicle to come to a sudden halt, the Seoul government said Thursday.In South Korea alone, 32,618
Hyundai Motor unveils revamped i30 hatchback

Oct 20, 2011

Hyundai Motor Co., the country’s largest automaker, will begin selling a revamped version of its i30 compact car this week to help the vehicle better compete against cars such as the Volkswagen Golf, the company said Thursday.Hyundai Motor said it aims to sell 215,000 units of the i30 hatchback next
Exports of Hyundai's Equus luxury sedan surge

Oct 17, 2011

SEOUL, Oct. 17 (Yonhap) -- South Korea's top automaker Hyundai Motor Co. said Monday that exports of its flagship Equus passenger car have surged thanks to its globally competitive performance.The carmaker said overseas sales of its second generation Equus that was first launched in March 2009 reach
Hyundai adds cheapest car to India lineup to challenge Suzuki

Oct 16, 2011

Hyundai Motor Co., poised to earn the most profit among Asian carmakers this year, will step up its campaign to weaken Suzuki Motor Corp.’s loosening grip on India’s automobile market with a new hatchback.The Seoul-based company on Thursday introduced the Eon, its cheapest model in India so far, wit
Regional twists keep GM designs global: Welburn

Oct 16, 2011

DETROIT ― General Motors Corp. may be renowned for its mass scale of production across 140 countries, but little is known of its ability to differentiate designs across regions. GM designs are found in all regions, but there are unique twists in Korea, China, Thailand and India to suit local driving
FTA boosts European car sales in Korea

Oct 9, 2011

European carmakers have far surpassed Korean companies in vehicle sales growth since the implementation of the Korea-EU Free Trade Agreement on July 1.Hyundai Motor and its affiliate Kia Motors saw their yearly sales growth inch up 2.7 percent at home, according to the Korea Automobile Research Inst
BMW strives to enlarge Mini market with new cabriolet

Oct 9, 2011

Boris Knoblich is one of the reasons why Bayerische Motoren Werke AG is struggling to create a bigger market for the Mini. The 37-year-old media consultant from Berlin doesn’t have the Munich-based manufacturer’s urban car brand on his shopping list, rejecting the new two-seater Mini coupe that his
Hyundai SUV picked as testbed for European fuel cell undertaking

Oct 9, 2011

Hyundai Motor Co.’s Tucson ix has been selected as the sole fuel cell testbed vehicle for Europe, Hyundai Motor Group said last week.The automotive group, whose flagship companies include Hyundai and Kia Motors Corp., said the selection by the European Union parliament showcases the competitiveness
BMW strives to enlarge Mini market with coupe

Oct 9, 2011

Boris Knoblich is one of the reasons why Bayerische Motoren Werke AG is struggling to create a bigger market for the Mini. The 37-year-old media consultant from Berlin doesn’t have the Munich-based manufacturer’s urban car brand on his shopping list, rejecting the new two-seater Mini coupe that his
Hyundai SUV picked as testbed for European fuel cell undertaking

Oct 9, 2011

Hyundai Motor Co.’s Tucson ix has been selected as the sole fuel cell testbed vehicle for Europe, Hyundai Motor Group said last week.The automotive group, whose flagship companies include Hyundai and Kia Motors Corp., said the selection by the European Union parliament showcases the competitiveness
Renault Samsung holds safety drive

Oct 6, 2011

Renault Samsung Motors held a “safe school zone” campaign on Thursday as part of a social responsibility drive by CEO Francois Provost.It was the first public event in Korea by Provost, who took the helm of the automaker last month.The CEO participated in the campaign to encourage drivers to lower t
Hyundai Motor kicks off R&D show

Oct 5, 2011

Hyundai Motor and its affiliate Kia Motors kicked off an event Wednesday that will present auto parts producers the opportunity to compare technologies among vehicles made by global carmakers.The event, dubbed “R&D Motor Show,” will exhibit 25 vehicles from Hyundai-Kia and 85 of their competitors ve
Carmakers enjoy sales boost in Sept.

Oct 4, 2011

Hyundai Motor Co., Korea’s leading automaker, said Tuesday that its September sales jumped 14.1 percent from a year earlier, fueled by strong overseas demand for its vehicles.The carmaker said it sold a total of 359,560 vehicles last month, with overseas sales soaring 17.4 percent on-year to 303,307
‘U.S. beef imports rise sixfold in four years’

Oct 3, 2011

South Korean imports of U.S. beef increased sixfold over the past four years, raising alarms for the domestic livestock industry, a lawmaker said Sunday.The volume of U.S. beef imports rose from 14,112 tons in 2007 to 84,821 tons last year, according to Rep. Kwon Kyung-seok of the ruling Grand Natio