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SUVs make up more than 40% of all new cars sold in Korea

Sport utility vehicles accounted for four out of 10 new cars sold in South Korea in May, official data showed Sunday.According to the Korea Automobile Manufacturers Association crossovers accounted fo...

Updated : 2017.06.25 10:34

Total value of import cars drop 11% in 2017: KITA

Total value of imported vehicles dropped 10.9 percent in the first five months of this year mainly due to weak demand for diesel cars, local trade data showed Sunday.According to the Korea Internation...

Updated : 2017.06.25 10:19

Kia Motors tops US quality test for 2nd year

Kia Motors Corp., South Korea's second-largest carmaker, has ranked highest among global brands in a US quality test for the second consecutive year, a US market tracker has said."Kia ranks highest in...

Updated : 2017.06.22 10:14

BMW to sell 10 millionth 520d in Korea auction

BMW said Wednesday it will sell its 10 millionth 5 series model through an auction in South Korea later this month. It is the first time for an imported carmaker to sell their limited editions in an a...

Updated : 2017.06.21 18:02

Kia Motors unveils small SUV Stonic in Europe

Kia Motors’ small SUV Stonic is unveiled in Amsterdam, the Netherlands. Hyundai Motor GroupKia Motors, South Korea’s No. 2 automotive company, has unveiled the small sport utility vehicle Stonic in ...

Updated : 2017.06.21 15:23

Tesla Korea begins deliveries of Model S 90D

Tesla Korea, a wholly-owned unit of the US-based electric car giant, on Tuesday started deliveries of its flagship Model S 90D cars, the company said.Owners of Tesla cars are now able to use autopilot...

Updated : 2017.06.21 00:02

Foreign carmakers seek bigger market portion with new models in H2

Riding on the sales momentum of imported cars in South Korea, foreign auto brands are planning to release new models in the second half of this year and to improve after-sales service.Imported cars have increasingly expanded their presence here, recording a boost in sales in the first five...

Updated : 2017.06.21 00:02

[Monitor] Fruit price hit highest in 4 years

 The price of major fruits sold in South Korea has hit the highest level in four years last month, data showed Tuesday. According to the data compiled by Statistics Korea, the price index of 15 major...

Updated : 2017.06.20 16:38

Hyundai begins production of Kona SUV

ULSAN, South Korea (Yonhap) -- Hyundai Motor Co. said Tuesday that it has begun production of its all-new subcompact Kona SUV, a move to bolster its lackluster sales in global markets.The country's b...

Updated : 2017.06.20 15:24

Hyundai Ioniq EV sales on rise in US

The demand for Hyundai Motor Co.'s all-electric Ioniq is steadily rising in the United States following its launch in March, industry sales data showed Tuesday. Hyundai Motor sold only 75 pure-electri...

Updated : 2017.06.20 10:39

Hyundai to unveil GV80 concept version in Korea

Hyundai Motor Co. said Monday it will hold a three-week-long showcase event to unveil its luxury fuel cell concept sport utility vehicle, the GV80, in South Korea.In the showcase that will last throug...

Updated : 2017.06.19 17:27

Hyundai Motor faces class action lawsuit in US over steering defect

Hyundai Motor America, the US affiliate of South Korea’s No.1 automaker, has been sued by two owners of Hyundai vehicles in the US over a defective steering system posing major safety risks, accordin...

Updated : 2017.06.19 15:47

[Monitor] Auto sales in China

‘Korean carmakers’ plummeting sales in China possibly due to lack of competitiveness, not THAAD’ The lack of competitiveness of Korean carmakers may be the cause of their plummeting sales in China,...

Updated : 2017.06.18 16:42

[Behind the Wheel] SsangYong’s G4 Rexton stronger, lighter, smarter

SsangYong Motor, the South Korean unit of Indian automaker Mahindra & Mahindra, has unveiled a stronger, tougher and lighter full-size SUV, dubbed the G4 Rexton.Members of the media had the opportunit...

Updated : 2017.06.18 16:07

Hyundai, Kia Motors host R&D event with partners

Hyundai Motor and Kia Motors on Wednesday held an event to recognize their partner companies, an annual program that they hope will boost research and development efforts, the companies said Wednesday...

Updated : 2017.06.14 15:55