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The Korea Herald

Automobiles

December 09, 2018
FTC fines Volvo for not following technical data request guidelines

[THE INVESTOR] Korea’s antitrust watchdog said on December 9 that it has fined Volvo’s local unit 20 million won (US$17,800) for not adhering to the country’s technical data request guidelines when dealing with its subcontractors. The Fair Trade Commission said that besides the fine, Volvo Gro...
December 07, 2018
Rolls-Royce vehicle sales exceed ‘milestone of 100’

[THE INVESTOR] Rolls-Royce Motor Cars, the luxury car brand under the BMW Group, said on Dec. 7 its vehicle sales have exceeded 100 this year in Korea. Rolls-Royce began to sell its vehicles in Korea 15 years ago. Its current lineup includes the Phantom, Ghost, Wraith, Dawn and Cullinan, t...
December 06, 2018
Hyundai i30 N rated top sports car in Germany, Australia

[THE INVESTOR] Hyundai Motor’s i30 N high-performance car topped other sports cars in Germany and Australia for this year, the company said on Dec. 6. In Germany, the i30 N hot hatchback has been named the “Import Winner” in the Auto Bild Sports Cars of the Year awards in the small car & co...
December 05, 2018
Imported cars edge up in Nov.

[THE INVESTOR] Korea’s imported vehicle sales rose 0.5 percent in November from a year earlier on high demand for new models, industry data showed on Dec. 5. The total number of newly registered foreign vehicles climbed to 22,387 last month from 22,266 a year ago, the Korea Automobile Importe...
December 05, 2018
Kumho Tire supplies tires for BMW G30 5 series

[THE INVESTOR] Kumho Tire said on Decc. 5 it began to supply tires for the BMW G30 5 Series model from October. The firm will deliver the high-performance ECSTA PS91 tires for the BMW G30 5 Series for the duration of its production, the company said in a statement. The cars are being manufactu...
December 03, 2018
Domestic automakers show mixed sales in Nov.

[THE INVESTOR] Hyundai Motor said on Dec. 3 its November sales fell 4.2 percent from a year earlier on weak overseas demand. The carmaker sold 403,381 vehicles last month, down from 421,110 units a year earlier, the company said in a statement. Domestic sales rose 0.4 percent to 64,131 uni...
December 03, 2018
Kia adds more safety features to upgraded K7

[THE INVESTOR] Kia Motors said on Dec. 3 it has added more safety features to its upgraded K7 sedan to boost sales. Additional safety features include highway driving assist, forward and blind-spot collision-avoidance assists and driver attention warning, Kia said in a statement. The car a...
November 30, 2018
Hyundai receives 3,500 preorders for flagship Palisade SUV

[THE INVESTOR] Hyundai Motor said on Nov. 30 it has received orders for about 3,500 flagship Palisade sport utility vehicles. The carmaker said preorders will be taken until Dec. 10. The base Palisade SUV starts at 42 million won (US$37,000) with a price of not more than 50 million won eve...
November 28, 2018
Renault Samsung offers more Twizy EVs for car-sharing service

[THE INVESTOR] Renault Samsung Motors said on Nov. 28 it will provide more Twizy ultracompact electric cars to a local car sharing service. The automaker will gradually supply another 45 Twizy models to the LH Happiness car-sharing service available at 23 apartment complexes built by the Korea La...
November 27, 2018
Hyundai launches Genesis G90 in Korea

[THE INVESTOR] Hyundai Motor on Nov. 27 launched the G90 sedan under the independent Genesis brand in Korea, with a plan to introduce the flagship model in overseas markets next year. The G90, the facelifted version of the EQ900, comes with a 3.3-liter gasoline turbocharged engine, a 3.8-liter...
November 25, 2018
[Behind the Wheel] QM6: French SUV offers perfect movie night

[THE INVESTOR] A fun driving experience doesn’t have to be all about speed and power. The French sports utility vehicle QM6 GDe, for instance, offers premium audio inside the cabin, making every driving moment exquisite. Wherever you sit -- front or back – the QM6 GDe delivers a premium sound ...
November 23, 2018
Renault opens vehicle test center in Korea

[THE INVESTOR] Renault has opened a vehicle test center in Korea to check models newly developed for the Asia-Pacific region, the carmaker’s local unit said on Nov. 23. Renault Samsung Motors signed an initial deal with Daegu Metropolitan City and the Daegu-based Korea Intelligent Automobile ...
November 19, 2018
Imported commercial vehicle sales rise 15% in Oct.

[THE INVESTOR] Sales of imported commercial vehicles rose 15 percent last month from a year earlier on increased demand, a local automobile association said on Nov. 19. The number of newly registered imported commercial vehicles rose to 343 units in October from 298 a year ago, the Korea Autom...
November 16, 2018
Hyundai showcases Santa Fe SUV with fingerprint access in China

[THE INVESTOR] Hyundai Motor on Nov. 16 showcased an upgraded version of the Santa Fe sport utility vehicle in China as it is struggling to increase its sales in the world’s largest automobile market. The fourth-generation Santa Fe SUV unveiled at the 16th China Guangzhou International Automo...
November 16, 2018
Kia unveils new KX5 SUV at Chinese auto show

[THE INVESTOR] Kia Motors on Nov. 16 unveiled the new KX5 sport-utility vehicle at a Chinese motor show in a push to boost its sales in the world’s largest automobile market. The vehicle -- showcased at the 16th China Guangzhou International Automobile Exhibition -- is set to hit showrooms in...

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