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The Korea Herald > Business > Automode

Korea posts 1st deficit for diesel vehicle trade

Korea posted the first deficit ever for its diesel car trade last year as imports expanded sharply despite the fake emission scandal involving some popular models of Volkswagen, industry data showed M...

Updated : 2016.05.02 14:09

Ssangyong Motor's April sales up 7.4%

Ssangyong Motor, the local unit of Indian auto giant Mahindra & Mahindra, said Monday that its April sales grew 7.4 percent on-year driven mostly by strong domestic demand.Ssangyong Motor sold 13,462 ...

Updated : 2016.05.02 13:50

Hyundai’s upturn at 2016 WRC raises expectations for ‘N’ brand

Not many people are aware of the progress Hyundai Motor has made in motor sports in recent years. This is part of the reason why the car-loving community here was surprised to hear that a car racing t...

Updated : 2016.05.01 17:15

[Photo News] GM Korea ties with SOCAR

GM Korea said Thursday it formed a partnership with SOCAR, a car-sharing service company, as part of its marketing efforts. With the partnership, the carmaker will provide more than 700 GM cars includ...

Updated : 2016.05.01 16:00

[Photo News] Hankook Tire sponsors Doosan baseball team

Hankook Tire, Korea’s largest tire maker, is sponsoring Doosan Bears, the 2015 Korean league champion, for the 2016 season. Through the sponsorship, the company aims to promote its brand as the top t...

Updated : 2016.05.01 15:59

[Photo News] Hyundai Motor launches Avante Sport

Hyundai Motor launches the sport version of its new Avante as part of efforts to strengthen its best-selling compact sedan product lineup. The new Avante Sport, powered by a 1.6-liter T-GDi four-cylin...

Updated : 2016.05.01 15:55

BMW ahead of rivals in CSR reputation

When it comes to corporate social responsibility, German luxury carmaker BMW outshines other foreign automakers in Korea in terms of donations and the quality of its CSR projects, according to compani...

Updated : 2016.05.01 15:53

Chinese less loyal to Hyundai cars: report

Chinese consumers are less loyal to Hyundai cars than most other auto brands, according to the latest report of U.S. consulting firm McKinsey & Company.A survey on 3,500 Chinese consumers in March sho...

Updated : 2016.04.29 18:15

Vice chairman Chung on mission to transform Hyundai into mobility company

This is the second of the two-part stories on what drove Hyundai Motor Group toward its 100-million-unit milestone in cumulative car sales. -- Ed.Hyundai Motor vice chairman Chung Eui-sun, who leads p...

Updated : 2016.04.28 15:41

GM Korea gets over 2,000 preorders for all-new Malibu

GM Korea, the local unit of U.S. carmaker General Motors, said Thursday that it has received more than 2,000 preorders for the all-new Malibu midsize sedan in just a day after its official debut here....

Updated : 2016.04.28 14:07

GM seeks to be game changer with all-new Malibu

GM Korea, the Korean unit of General Motors, unveiled its all-new Malibu on Wednesday, with the goal of becoming a game changer in the midsize sedan market. Hyundai and Kia have dominated the sedan ma...

Updated : 2016.04.27 15:16

Hyundai denies rumor on sale of credit card unit

Hyundai Motor Group officially dismissed rumors Tuesday that it is seeking to sell its credit card affiliate. In a conference call for the first quarter performance of Hyundai Motor, Choi Byung-chul, ...

Updated : 2016.04.27 14:40

Kia’s operating profit jumps 24% in Q1

In contrast with Hyundai Motor, its sister automaker Kia Motors saw its operating profit jump 23.8 percent to 633.6 billion won ($554 million) in the first quarter from the same period last year, boos...

Updated : 2016.04.27 11:10

Kia Motors Q1 net grows 4.6%

Kia Motors, Korea's second-largest automaker, said Wednesday that its first-quarter net profit increased 4.6 percent from a year earlier, driven by strong demand for its SUVs and newly-launched models...

Updated : 2016.04.27 10:27

Hyundai Motor not interest in buying Hyundai Merchant

Hyundai Motor Group on Tuesday categorically denied market speculation that it may be interested in buying Hyundai Merchant Marine and Hyundai Heavy Industries, to put the two ailing firms under its u...

Updated : 2016.04.26 17:40