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The Korea Herald

Automobiles

April 11, 2019
BMW aims for sales boost with new 3 Series

German luxury carmaker BMW hopes that its remodeled compact sedan, the all-new 3 Series, will help it recover from its sluggish sales in South Korea this year, company officials said on April 11. BMW’s 3 Series, the benchmark for compact luxury sports sedans, has been one of the carmaker’s be...
April 11, 2019
Hyundai, imported carmakers to recall 62,000 vehicles

Hyundai Motor and imported carmakers will voluntarily recall over 62,000 vehicles to repair faulty components, the government here said on April 11. This is the latest in a series of recall plans for local and imported carmakers and importers of foreign vehicles. Hyundai, Mercedes-Benz, Audi a...
April 10, 2019
Kia’s union calls for halt to Telluride SUV production in US

Kia Motors’ labor union has called for halting the US production of its brand new Telluride three-row sport utility vehicle as weak vehicle sales can jeopardize jobs in South Korea, industry sources said on April 10. The issue is expected to take prominence at this year’s collective bargainin...
April 07, 2019
Hyundai, Kia’s SUV sales hit record high in US

Hyundai Motor and its sister company Kia Motors saw record-high first-quarter SUV sales in the US, where sport utility vehicles and pickup trucks are dominant, industry data showed on April 7. From January to March, Hyundai and Kia sold a total of 155,082 units of SUVs in the US, accounting for...
April 04, 2019
BMW recalls 94% of faulty parts-carrying BMW, Mini models

BMW Group Korea said on April 4 it has recalled 94 percent of its vehicles that use faulty parts in the wake of dozens of engine fires last year. The carmaker said it has has fixed the faulty exhaust gas recirculation coolers and pipes in 102,468 vehicles, or 96 percent, of 106,000 affected BMW...
April 03, 2019
Imported car sales fall 32% in March

Imported vehicle sales in South Korea fell 32 percent in March from a year earlier due mainly to a lack of products, industry data showed on April 3. The number of newly registered foreign vehicles stood at 18,078 in March, down from 26,402 a year earlier, the Korea Automobile Importers and Dis...
April 03, 2019
Ratio of sedans falls to below 50% in March on SUV demand

The ratio of sedans in South Korea’s domestic vehicle sales fell to below 50 percent for the first time last month due to higher demand for sport utility vehicles, industry data showed on April 3. Sales of passenger vehicles such as sedans, SUVs and vans fell 1.7 percent to 114,383 units in Ma...
April 01, 2019
Korean carmakers show mixed results in March

Hyundai Motor said on April 1 its sales fell 2.2 percent last month from a year earlier on weak overseas demand. The automaker sold 389,160 vehicles in March, down from 397,747 units a year earlier, the company said in a statement. Domestic sales rose 3.7 percent to 70,111 units last month from 6...
April 01, 2019
BMW Korea names new CEO amid weakening sales

German carmaker BMW on April 1 named a new CEO for its South Korean operations in a move to prop up sales in Asia’s fourth-biggest economy. The carmaker has promoted BMW Group Korea President Han Sang-yun as the group’s president and representative director, which is the carmaker’s title for...
March 28, 2019
GM to add Traverse, Colorado to S. Korea lineup in Q3

GM Korea said on March 28 that two US-made vehicles will be added to its lineup to boost sales. The carmaker plans to launch the large Traverse SUV and the midsize Colorado pickup truck in the Korean market in the third quarter, the company said in a statement. “They will take us into new ...
March 27, 2019
Hyundai’s new entry SUV to be called Venue

Hyundai Motor said on March 27 that its all new entry-level sport utility vehicle, to be unveiled at the New York auto show, will be called the Venue. South Korea’s largest carmaker said the small crossover, which sits below the subcompact Kona, targets younger people in their 20s and 30s. The...
March 26, 2019
Hyundai Sonata delivery delayed to fix NVH issues

The delivery of Hyundai Motor’s all-new Sonata sedan has been delayed by some three weeks in order to check the vehicle’s noise, vibration and harshness issues, the company said on March 26. “The delivery of the new Sonata was originally scheduled to begin on March 29 but it has been pushed ...
March 25, 2019
Ratio of imported cars tops 10% in 2018

The ratio of imported cars to insured vehicles in South Korea exceeded the 10 percent mark in 2018, industry data showed on March 25, pointing to their growing popularity here. According to the data from the Korea Insurance Development Institute, imported cars came to 1.791 million units as of ...
March 24, 2019
Overcoming Elliott hurdle, Hyundai heir tightens grip over W220tr empire

In a crushing victory over US hedge fund, Chung cements his leadership -- but is a bigger battle ahead? Tension ran high in the early morning on March 22, just before Hyundai Motor ’s annual general shareholders meeting at the carmaker’s headquarters in Yangjae, southern Seoul, and it showed o...
March 24, 2019
Jaguar Land Rover Korea introduces upgraded Velar

Automobile lovers in South Korea are about to be presented a feast for the eyes with a luxury crossover SUV built with a V8 supercharged engine and diamond-quilted leather interior. Jaguar Land Rover Korea will launch the Range Rover Velar SVAutobiography Dynamic Edition at the Seoul Motor Show, s...

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