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BMW preferred by car owners in their 20s and 30s in Korea

Car owners in their 20s and 30s preferr German luxury BMW, while the automaker’s archrival Mercedes-Benz was preferred by an older age group, industry data showed Wednesday.A total of 144,883 importe...

Updated : 2017.02.22 15:53

BMW Korea launches new 5 Series

BMW Korea has officially launched the seventh generation of its most popular sedan, the 5 Series, which racked up more than 2,000 presale contracts in less than a month. First launched in 1972, the 5...

Updated : 2017.02.22 14:59

Seoul Motor Show to kick off next month

One of South Korea's annual automobile exhibitions is set to kick off late next month, heralding in a series of new hybrids and autonomous vehicles, its organizing committee said Wednesday. The Seoul ...

Updated : 2017.02.22 13:46

30-somethings biggest buyer of imported autos

A generation shift in the country's imported auto market continued last year with customers in their 30s being the largest buyer group with a portion of nearly 40 percent, industry data showed Wednesd...

Updated : 2017.02.22 09:50

Hyundai Motor enters electric car-sharing market

Hyundai Motor is rolling out a car-sharing service alongside Hyundai Capital, with the launch planned for this April, the firm said Tuesday.The first models to be offered will be electric cars, before...

Updated : 2017.02.21 16:25

Hyundai Motor and affiliates withdraw membership from FKI

Top South Korean automaker Hyundai Motor Co. and all its affiliates officially announced their withdrawal of membership from the Federation of Korean Industries on Tuesday, further casting a cloud ove...

Updated : 2017.02.21 16:09

Naver jumps into race of self-driving cars

South Korea's top Internet portal operator Naver on Monday became the last to join a race here for the development of self-driving cars after gaining government permission for a road test of its auton...

Updated : 2017.02.20 12:16

LG Hausys acquires stake in Slovakian auto parts firm

LG Hausys has acquired a 50.1 percent share of c2i (Composite Innovation International), an automobile parts company based in Slovakia, the company said Sunday.It held a meeting of its board of direct...

Updated : 2017.02.19 16:57

[Behind the Wheel] All New Morning safer, more spacious

GAPYEONG, Gyeonggi Province -- Defying the common perception of compact cars, Kia Motors’ third-generation smart compact car All New Morning features enhanced safety along with a bigger interior.The ...

Updated : 2017.02.19 15:43

[Behind the Wheel] New Korando C goes family-oriented

HWACHEON, Gangwon Province -- In contrast to the original Korando, which had a masculine and adventurous image, the latest SUV rolled out by SsangYong Motor, the New Style Korando C, aims to be family...

Updated : 2017.02.19 15:41

[Eye] ‘Basics, nature are key to iconic auto designs’

Park Jong-suh, 70, had never thought of becoming a car designer. In his childhood, cars had been his favorite like other boys, though in the postwar era of the early 1950s, they often had to pretend r...

Updated : 2017.02.17 16:51

Korea's auto exports retreat in Jan.

South Korea's auto exports fell for the first time in three months in January on decreased working days and contracted demand from global markets, government data showed Thursday.The total value of au...

Updated : 2017.02.16 11:36

Sales of luxury imported cars top 20,000 in 2016

Sales of imported luxury cars continued to grow despite a sharp drop in overall sales of imports last year, industry data showed Thursday, reflecting an apparent economic polarization among local cons...

Updated : 2017.02.16 09:53

SsangYong Motor back in the black

SsangYong Motor announced Wednesday that the company posted its highest sales volume in 14 years last year, resulting in an operating profit of 28 billion won ($25 million) and net profit of 58.1 bill...

Updated : 2017.02.15 18:08

Tesla expected to hit Korean market in May

Major US electric car maker Tesla is expected to hit the Korean auto market this May after completing the registration process with the Ministry of Land, Infrastructure and Transport.The ministry said...

Updated : 2017.02.15 18:07