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Mon, July 24, 2017 | 11:49

Biz & Tech > Automotive >

BMW Korea fulfills social responsibility

BMW Korea is making efforts for sustainable growth and producing social values through its aggressive investment in Korean society. Besides its direct donations to the underprivileged, the German automaker’s local affiliate in Korea has suggested a set of exemplary standards through its various corporate social responsibility (CSR) activities, including establishing cultural ...

Automotive | 2017-07-20 19:02

Hyundai, Kia donate 50 billion won for subcontractors

Korea’s largest carmaker Hyundai Motor and its sister company Kia Motors have decided to spend 50 billion won ($44.4 million) to support their 5,000 secondary and tertiary component suppliers as part of their plan for shared growth with subcontractors, they said Thursday. With the new plan, the companies’ accumulated funding for all their subcontractors, including primary ones, totals 730 billion won. “Since the early 2000s, the two companies’ mutual growth plan has been mainly focused on its primary parts suppliers, greatly helping their businesses grow. However, it could not reach lower su...

Automotive | 2017-07-20 16:59

Audi VW Korea chief flees to Germany

Audi Volkswagen Korea (AVK) CEO Johannes Thammer has refused to stand trial in Korea for the carmaker cheating on emissions tests here, saying that he will not come back to Korea from Germany. The chief executive, who has been regarded as one of the figures most responsible for the so-called “dieselgate” scandal in Korea, was initially scheduled to attend the hearing at the S...

Automotive | 2017-07-20 16:52

Mercedes Korea to recall diesel cars

Mercedes Korea to recall diesel cars

Mercedes-Benz Korea has decided to recall its diesel cars sold here, following a huge voluntary recall that will take place across Europe. The German carmaker’s local affiliate announced Thursday it will offer Korean customers the same service offered to Europeans. Before the announcement, the company had been criticized for not taking any measures for Korean customers. It ha...

Automotive | 2017-07-20 16:21

Audi VW Korea chief flees to Germany

Ministers riding eco-friendly vehicles

Newly appointed ministers are taking lead in reducing carbon emissions by choosing eco-friendly cars as their official vehicles. During her recent visit to Cheonan, South Chungcheong Province, Transport Minister Kim Hyun-mee rode in the Hyundai Motor Tucson fuel cell electrical vehicle (FCEV). According to the ministry, Kim has ridden the FCEV model since she took office in M...

Automotive | 2017-07-18 16:03

Union ups ante amid rumors over GM Korea's exit

GM Korea’s labor union has asked the President Moon Jae-in administration to prevent massive job losses like the ones SsangYong Motor workers faced when its former owner SAIC of China pulled out of Korea. Workers took to the streets near Cheong Wa Dae Monday, protesting against GM and demanding the government not sell its stake in the U.S. automaker’s Korean unit. The union i...

Automotive | 2017-07-18 16:00

Hyundai Motor union members to play golf ahead of strike

Union members of Hyundai Motor, who have recently decided to go on strike during the wage negotiation, are under fire for their plan to play golf en masse next week. They counter that they would be on the greens July 25 anyway, which they say isn’t any problem as the date is the union foundation holiday.

Automotive | 2017-07-18 15:26

Ssangyong Motor unveils 2018 Tivoli SUV

Ssangyong Motor unveiled its 2018 Tivoli Armor, Monday, aimed at solidifying the model’s position as Korea’s best-selling compact SUV. To draw more drivers in their 20s and 30s, Ssangyong Motor is offering what it calls “My Only Tivoli,” a customized vehicle for style-conscious consumers.

Automotive | 2017-07-17 15:28

Hyundai unveils N performance vehicle in Germany

Hyundai Motor has unveiled its first N performance division vehicle, the i30N hatchback, at the Areal Bohler event hall in Dusseldorf, Germany, Friday, spearheading the rest of the global motorsports industry.

Automotive | 2017-07-14 16:34

Kia Motors unveils Stonic compact SUV

Kia Motors introduced the Stonic sport utility vehicle (SUV), Thursday, posing a challenge to the top-selling Ssangyong Motor Tivoli SUV in the nation’s booming compact SUV market. Aiming to attract young motorists in their 20s and 30s, Kia Motors said the Stonic SUV has been developed under the concept of a compact vehicle for city life. “The Stonic compact SUV is an all-rou...

Automotive | 2017-07-13 16:26

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