STUTTGART, Germany (DPA) ― Porsche is presenting its second hybrid vehicle in the form of the Panamera S Hybrid at the Geneva Motor Show next month with an output of 380 horsepower and a consumption of only 6.8litres per 100 kilometers.Similar to the Cayenne, the Porsche Panamera S Hybrid is fitted with a 3-litre V6 compressor motor delivering 333 hp with the electric motor adding an additional 34

STUTTGART, Germany (DPA) ― Marking its 125th birthday Mercedes is entering for the first time the two-door compact coupe segment with a C-Class Coupe, deploying much of the same technology as in the recently launched C-Class.Tailored to a customer group aged 35-45, “we are consciously targeting new customers,” according to the head of Mercedes Sales and Marketing, Joachim Schmidt.Typical coupe fea

Stuttgart Sports Cars, Korea’s official Porsche importer, is holding a service campaign from March 2 through to March 31.During the period, the company is offering free checkup services at authorized service centers using the German carmaker’s Porsche Integrated Workshop Information System tester.The company is also offering a 10 percent reduction on parts and related labor charges, including tire

Hyundai Motor Co. and Kia Motors Corp. signed a deal with German organizations to take part in the European nation’s government-led Clean Energy Partnership on Friday. Under the agreement, Hyundai Motor Group’s two carmakers will supply hydrogen fuel cell vehicles to the German government’s hydrogen automobile project.“With the MOU, Hyundai and Kia secured a chance to introduce its technology for

The Seoul Central District Court on Friday ordered Hyundai Motor Group chairman Chung Mong-koo to pay 82.6 billion won ($73.1 million) in compensation to Hyundai Motor Co. for damages caused by irregular intra-group trading.Aside from Chung, former Hyundai Motor vice chairman Kim Dong-jin has been ordered to pay 8 billion won in compensation to the carmaker.The ruling follows three years after the

Renault Samsung Motors Co.’s sales staff recorded the highest average monthly sales figure among local carmakers, the company announced Thursday.According to the company, the 2,342 sales staff working at its 195 sales agents sold 155,696 last year, putting the average monthly sales figure per person at 5.4. The figure per sales agent came in at 65 units per month. The company did not disclose figu

Government and private-sector representatives will introduce a new index to gauge large companies’ relationship with smaller suppliers as part of its efforts to promote broad-based growth, officials said Wednesday.The shared growth index will be announced once annually, starting with 56 companies including Hyundai Motor Co., POSCO and Samsung Electronics next year, the Commission on Shared Growth

AD Motors, a Seoul-based electric car maker, announced Wednesday that it will build a mass production facility in Yeonggwang Country in South Jeolla Province. Once complete, the facility will be capable of producing 43,000 electric vehicles on an annual basis.The company signed an agreement for the project with the governments of Yeonggwang county and South Jeolla Province on Tuesday. It will inje