The Korea Herald

Kia launches Forte with fuel-saving technology

Feb 20, 2011

Kia Motors Corp.’s Forte Eco Plus, the country’s first vehicle fitted with an idle stop-and-go-system for automatic transmission, will go on sale today.The idle stop-and-go-system automatically shuts down the engine when the vehicle comes to a halt and restarts the engine when the car is back on the move to reduce fuel consumption and greenhouse gas emissions. Forte Eco Plus. (Kia Motors Corp)Acco
Tesla targets 50% revenue growth

Feb 20, 2011

Tesla Motors Inc., the U.S. electric carmaker backed by Daimler AG and Toyota Motor Corp., said its revenue this year may rise as much as 50 percent because of higher demand for its rechargeable vehicles and battery packs.“We project revenue to increase about 40 to 50 percent in 2011, to $160 million to $175 million,” Deepak Ahuja, Tesla’s chief financial officer, said in a conference call on Feb.
Camaro to lead GM’s Korean expansion

Feb 20, 2011

Muscle car measures up to competition, but stiffer price may dampen enthusiasmChevrolet’s iconic muscle car Camaro was unveiled in South Korea on Friday.The Camaro is the third model of the eight Chevrolet vehicles GM Daewoo Auto and Technology Co. plans to introduce to the local market this year as part of its strategy for pushing up domestic market share and to leave behind the less-than-flatter
BMW launches all-new X3 in S. Korea

Feb 17, 2011

BMW Korea has unveiled new X3 (Yonhap News)BMW Korea has unveiled new X3 (Yonhap News)BMW Korea has unveiled new X3 (Yonhap News)BMW Korea, the South Korean unit of German automaker BMW Group, on Thursday introduced the latest version of the BMW X3 in South Korea.BMW Korea said the New X3 is a "sport activity vehicle" that offers the comfort and driving experience of a sedan, but is perfect for of
Pre-launch orders for Hyundai Veloster

Feb 13, 2011

Hyundai Motor Co. will begin receiving pre-launch orders for the Veloster from Monday. The vehicle will be launched on the local market later this month. The vehicle, which the company has termed PUV (premium unique vehicle) has three doors ― one on the driver’s side and two on the passenger side ― and comes with a 1.6-liter gasoline direct injection engine that puts out 140 brake horsepower.The c
Hyundai Motor recruits ...overseas talent

Feb 13, 2011

Hyundai Motor Group’s overseas recruitment drive will begin Monday, the company announced Sunday. The group’s three main automotive businesses ― Hyundai Motor Co., Kia Motors Corp. and Hyundai Mobis Co. ― will receive applications from overseas-educated individuals with master’s or Ph.D. degrees with two or more years of work experience.The selection process will be conducted from Feb. 14 through
Baby Audi SUV to debut at Frankfurt

Feb 13, 2011

INGOLSTADT, Germany (DPA) ― Audi’s new baby sports utility vehicle, the Q3, is expected to debut at the Frankfurt Motor Show in September, adding spice to the small compact SUV sector in competing against the BMW X1 and the upcoming Mercedes BLK.Spy shots reveal design details from the A1 and Q5 with the technical platform coming from the VW Golf and VW Tiguan.The engine range is also likely to co
GM Daewoo receives orders for Orlando

Feb 13, 2011

GM Daewoo Auto and Technology Co. announced Sunday that it will receive orders for the Chevrolet Orlando minivan from Monday. Unveiled on Feb. 9, the vehicle is scheduled for launch on March. 2.The vehicle, which has been dubbed Active Life Vehicle by the company, is the first of the eight Chevrolet models the company will launch here this year. OrlandoThe car comes with a 2-liter turbocharged die
Hyundai tops U.S. customer loyalty survey

Feb 13, 2011

Hyundai Motor Co. announced Wednesday that it was ranked top among carmakers in a U.S. survey for customer loyalty for the second consecutive year in a survey conducted by the market research firm Brand Keys Inc.According to the carmaker, Brand Keys survey results carry significant weighting with U.S. consumers and can contribute to retaining and expanding the customer base. In addition, Hyundai a
Service for post-warranty Porsches

Feb 13, 2011

Stuttgart Sports Cars, the official importer of Porsche vehicles, is offering free checkup services and discounts on maintenance fees for Porsche vehicles with expired warranties until March 19.The offer is limited to vehicles purchased through the company before January 2007. During the period, those with vehicles meeting the requirements will be offered a 15 percent discount on parts, and 10 per
Power package makeover for new Mercedes CLS 63 AMG

Feb 13, 2011

STUTTGART, Germany (DPA) ― Mercedes has given the CLS 63 AMG a makeover with the top-of-the-range version of the four-door coupe equipped with the newly developed AMG V8 bi turbo engine with an output of 410 kW/557 hp.At the same time fuel consumption has been reduced to 9.9 liters per 100 kilometers, an improvement of 32 percent compared to the predecessor model, according to the car maker.A majo
Chrysler considering natural-gas engines for Ram truck brand

Feb 13, 2011

Chrysler Group LLC, the U.S. automaker operated by Fiat SpA, is exploring the possibility of adding compressed natural-gas powered engines to its Ram truck brand, a top executive said.“I’m eager and very interested to see what we can do with CNG in our truck applications,” Fred Diaz, head of the Ram brand, said Thursday in an interview at the Chicago Auto Show.Fiat, which holds a 25 percent stake
U.S. reviews VWs over engine stalls, loss of power

Feb 13, 2011

Volkswagen AG vehicles are under review by the U.S. National Highway Traffic Safety Administration after reports of engines stalls that may be related to fuel-pump failures.The auto-safety regulator received reports of one accident and 160 complaints from owners and the company about engine loss of power and stalling, NHTSA said in a posting on its website Saturday. The power loss and stalling was
Performance back in focus at Chicago

Feb 13, 2011

The Chicago Auto Show, the United States’ oldest and largest auto exhibition, opened to the public on Friday with many carmakers showing off their latest high-performance vehicles, breaking from the recent trend of highlighting cleaner vehicles.South Korea’s largest carmaker Hyundai Motor Co., which had used recent international industry events had showcase new design concepts and eco-friendly tec
GM Daewoo launches all-new Orlando in S. Korea

Feb 9, 2011

GM Daewoo Auto & Technology, the South Korean unit of General Motors Co., introduced Wednesday its new seven-seat, multi-purpose vehicle, the Chevrolet Orlando, in South Korea. "We are carving out a new segment in the market with the Orlando," said Mike Arcamone, president and CEO of GM Daewoo, defining the vehicle as South Korea's first Active Life Vehicle (ALV). The Chevrolet Orlando (Yonha