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Sat, January 19, 2019 | 18:16

Biz & Tech > Automotive >

Korea's auto exports up 22.6% in December

South Korea's automobile exports shot up 22.6 percent on-year in December on the back of the release of new models from local carmakers, government data showed Friday. According to the Ministry of Trade, Industry and Energy, automakers here shipped 219,313 cars overseas last month, rising sharply from a year earlier, with the value estimated at US$3.78 billion.

Automotive | 2019-01-18 11:47

Mercedes-Benz to roll out 14 new models in Korea in 2019

Mercedes-Benz Korea (MBK) will roll out 14 new models this year, including the EQC, the brand's first fully electric vehicle (EV), and four plug-in hybrids (PHEVs), the Korean unit of the German carmaker said Thursday.

Automotive | 2019-01-17 15:40

South Korea seeks to produce 6.2 million hydrogen cars by 2040

South Korea announced a hydrogen economy policy blueprint on Thursday that centers on promoting eco-friendly automobiles and power cells that could create 43 trillion won ($38.2 billion) worth of wealth in 2040. The Ministry of Trade, Industry and Energy said the policy is focused on building a society that harnesses hydrogen as the main source of energy for power generation,...

Automotive | 2019-01-17 15:16

Gov't unveils roadmap for hydrogen-powered economy

Hyundai, Kia to recall 168,000 vehicles in US for faulty fuel pipes

Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. said Thursday they will recall approximately 168,000 vehicles in the United States over defective fuel pipes.The recall involves fixing improper repairs during the previous two recalls over engine failures and offering software upgrades for the affected vehicles, the companies said.

Automotive | 2019-01-17 14:53

Nissan Korea fined 900 mil. won for inflated mileage ads

The antitrust agency has imposed a fine of 900 million won ($803,713) on Nissan Korea and its mother company Nissan Motors for advertising a bogus fuel efficiencies for their vehicles, and reported the two firms to prosecutors on the suspicion that they violated the Fair Labeling and Advertising Act.

Automotive | 2019-01-16 18:05

Toyota Korea fined 817 mil. won for false advertising

Korea's antitrust agency has imposed an 817 million won ($729,307) fine on Toyota Motor Korea, saying the Korean unit of the Japanese auto giant made deceptive ads about the safety of its RAV4 SUV.

Automotive | 2019-01-15 17:19

Hyundai Kona, Genesis G70 named North American Cars of the Year

Hyundai Motor Group swept the 2019 North American Car, Utility and Truck of the Year (NACTOY) awards, winning two of three awards with its Kona SUV and Genesis G70 sedan at the annual North American International Auto Show in Detroit, the carmaker said Tuesday.

Automotive | 2019-01-15 17:18

Jaguar's first electric SUV

Jaguar Land Rover Korea Managing Director Baek Jung-hyun poses with the Jaguar I-PACE electric SUV during its launch event at Paradise City resort on Yeongjong Island, Incheon, Monday. It is the British brand's first full electric vehicle, priced from 110.4 million won to 128 million won. / Courtesy of Jaguar Land Rover Korea

Automotive | 2019-01-14 16:49

Carmakers woo motorists with limited editions

A growing number of carmakers are introducing limited edition cars, pitching their scarcity and uniqueness to boost sales and brand identity, industry officials said Sunday.

Automotive | 2019-01-13 17:27

Kumho Tire supplies tires for Mercedes new G Class

Kumho Tire said Thursday it has been chosen as the supplier of original equipment tires for the Mercedes-Benz G-Class SUVs.

Automotive | 2019-01-10 23:17

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