South Korea

Hyundai Motor's record $10 billion bid for trophy property alarms investors

11:33 am U.S. ET | Sept. 18, 2014

Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash on a trophy property....
Read More »

Bentley adds models in Korea on rising ultraluxury demand

Sept. 18, 2014 12:25 CET

Bentley is adding new models in South Korea as the brand sees increased competition for ultraluxury cars in the market. The automaker says its dealership in Seoul has seen a 133 percent jump in deliveries so far this year....
Read More »

HANS GREIMEL

BLOG: Why Korea could be next to crack down on foreign brand pricing

12:01 am U.S. ET | Aug. 20, 2014

Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up?...
Read More »

HANS GREIMEL

BLOG: Why Korea could be next to crack down on foreign brand pricing

8:55 am U.S. ET | Aug. 19, 2014

Could China's crackdown on perceived price gouging by foreign automakers trigger a domino effect next door in South Korea, where sale of overseas brands are heating up?...
Read More »

Smartphone camera makers see next opportunity in cars

2:23 pm U.S. ET | Aug. 15, 2014

South Korean smartphone camera makers are tapping the surging yet more technologically demanding market for vehicle cameras to dull the impact of slowing growth in global handset sales....
Read More »

Pope bestows halo on Kia's Soul

Aug. 14, 2014 12:19 CET

Pope Francis is helping to elevate the profile of the Kia Soul beyond that of the car of choice for dancing hamsters....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW invests 55 million euros to boost image in Korea

Aug. 12, 2014 06:01 CET

BMW will open its third global brand experience center later this month in South Korea, which will allow customers to test their driving skills on features including a winding handling circuit and an off-road course....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, others lead shake-up of once-closed Korea

Aug. 11, 2014 06:01 CET

Korean automakers may threaten the global dominance of automakers such as Volkswagen and Toyota, but they are losing ground at home to foreign brands -- especially premium automakers such as BMW and Mercedes....
Read More »

Check out the ANE e-magazine for August

Aug. 4, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at the potential risks and rewards facing Porsche as it strives to achieve global sales of 200,000 vehicles a year....
Read More »

GM Korea reaches tentative wage deal, averting strike

6:30 am U.S. ET | July 28, 2014

General Motors' South Korean unit reached a tentative wage deal with its labor union today, averting a potential strike at one of its key Asian production bases....
Read More »

GM Korea could make next-gen Cruze if union calls off strike

7:22 am U.S. ET | July 24, 2014

GM's South Korean subsidiary told its employee union that the automaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike....
Read More »

GM Korea workers vote to strike as wage talks continue

6:29 am U.S. ET | July 9, 2014

GM's South Korean workers today voted to go on strike over salaries and production volume, signaling tough annual wage talks for automakers already grappling with falling earnings because of the stronger won....
Read More »

Hyundai sued in S. Korea after overstating fuel efficiency of Santa Fe

7:12 am U.S. ET | July 7, 2014

Hyundai was sued by consumers in its home market after the nation's transport ministry said the company overstated the fuel efficiency of one of its models....
Read More »

GM Korea contractor probed by prosecutors for possible leak of engine technology

7:05 am U.S. ET | July 2, 2014

General Motors said South Korean prosecutors are investigating whether a contractor leaked the carmaker’s engine technology overseas....
Read More »

Automotive News
Special Video Report
Colo. stores use cameras, computers to build transparency

Colo. stores use cameras, computers to build transparency

Planet Honda's technicians-turned-video directors are with one tap bringing the service bay to customers, while digital files are providing a clear snapshot of a used-car's history at Kuni Lexus of Greenwood...
» Watch the Video
     
News by Brand