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The Korea Herald > Business > Automode(주1회)

(Photo News) Mercedes-Benz C-Class

  Models pose with the refashioned version of the Mercedes-Benz C-Class ― the fifth-generation of the German luxury carmaker’s best-selling sedan, at a media event held in Seoul on Monday. (Kim Myu...

Updated : 2014.06.09 20:38

Hyundai-Kia’s home market share dips back to 70% range in May

The local market share held by Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. dipped to the upper 70 percent range in May despite release of new car models, industry data showed Tuesday.Monthly records indicated the two carmakers claimed a combined 79.3 percent, down slightly...

Updated : 2014.06.03 21:07

Kia Motors’ May domestic sales down 8.2%

Kia Motors Corp., South Korea’s second-largest automaker, said Monday its domestic sales fell 8.2 percent in May from a year ago due to decreased production at home. Its overseas sales, however, rose 1.5 percent on-year in May.A fewer number of working days due to holidays early in the mo...

Updated : 2014.06.02 20:47

Hyundai Motor unveils world's first mobile car diagnostics system

   Hyundai Motor Group, the world's fifth-largest automotive conglomerate, said Monday that it has developed a mobile diagnostics system that can quickly determine problems in a car using an ordinary tablet PC.    The new Global Diagnostic System (GDS) is a world first and represents a...

Updated : 2014.06.02 20:17

Sales of South Korean carmakers remain flat in May

   Sales by South Korean automakers remained at a standstill last month from a year earlier, mainly due to fewer working days, data showed Monday.   The combined sales of five local car manufacturers, including market leader Hyundai Motor Co., reached 746,978 vehicles in May, up just 8...

Updated : 2014.06.02 19:39

SUVs, diesels and celebrities add shine to Busan

Audi Korea managing director Johannes Thammer presents the New Audi A8 and A3 Sportback e-tron. (Audi Korea)Male celebrities strutted in expensive, well-tailored suits while so-called “racing models”...

Updated : 2014.06.01 20:34

Hyundai Motor continues upscale push with new sedans

BUSAN ― Hyundai Motor on Thursday once again highlighted its aspirations to go premium by unveiling a pair of new high-end sedans that appeared to be aimed at winning over customers from its German r...

Updated : 2014.05.29 20:55

Volkswagen unveils design DNA in Busan

BUSAN ― The secret to the sturdy, classic but modern design of Volkswagen vehicles was disclosed on Wednesday before the Busan International Motor Show 2014 that kicks off on Friday. Being innovative...

Updated : 2014.05.29 20:54

[Herald Interview] GM is here to stay, says firm’s Korea chief

BUSAN ― GM will not leave South Korea, according to the carmaker’s president Sergio Rocha.“I can reassure you that GM is here to stay,” Rocha said on Thursday on the sidelines of the Busan Interna...

Updated : 2014.05.29 20:52

Renault Samsung unveils Initiale Paris

BUSAN ― Renault Samsung Motor introduced its latest concept car Initiale Paris as “sophisticated masculinity in a multipurpose vehicle” at the Busan International Motor Show 2014 on Thursday. Initi...

Updated : 2014.05.29 20:50

Ford recalls over 2,200 Escape SUVs in Korea

Ford Sales and Service Korea, the local importer and distributor of U.S. automaker Ford Motor Co., is recalling more than 2,200 Escape sport utility vehicles for problems with their airbags, door handles and cooling systems, the transportation ministry said Monday.According to the Ministry...

Updated : 2014.05.26 20:48

[Herald Interview] Financial services broaden Mercedes appeal

Adi Ofek, managing director of Mercedes-Benz Financial Services Korea, had no hesitations on joining the Korean team in January. Among several options given to the then-chief risk officer of Daimler i...

Updated : 2014.05.25 20:43

Infiniti aims to build Japan business in three years

Nissan Motor’s Infiniti said it may set up business in Japan within three years as the luxury unit seeks to build its brand.“My personal expectation is that we should be able to introduce Infiniti f...

Updated : 2014.05.25 20:41

GM now says 47 crashes tied to defect on ignition switch

General Motors as now linked 47 crashes to small cars with defective ignition switches while saying it hasn’t increased the number of deaths tied to the accidents.“We have done a thorough analysis of all the information available to us and at this time, based on everything we know, there...

Updated : 2014.05.25 20:41

[Photo News] All new Carnival

Kia Motors unveils the refashioned version of its Carnival minivan at a launch event on Thursday at a Seoul hotel. The car’s fourth row of seats can be folded completely to sink below the floor ― a ...

Updated : 2014.05.22 20:25