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South Korea Automotive News is an EIN News Service for automotive industry professionals. Constantly updated news and information about South Korea Automotive.
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  • Car sales showing stability 7 Nov 2009 04:31 GMT
    ... Dealers recover from Cash for Clunkers slump DETROIT ... of stability in October. Total sales of cars and light trucks were unchanged at just ... is now senior vice president of global automotive operations for J.D. Power and Associates. Last ...

  • Strong demand in China despite fiscal downturn 7 Nov 2009 00:12 GMT
    ... Strong demand in China despite fiscal downturn Last Updated: ... copies produced by local manufacturers. And the automotive sector in China is as vast as ... said. “I believe it will rival the South Korean brands very soon and, in the ...

  • Air Quality Is Now an Inside Job (Today) 7 Nov 2009 07:31 GMT
    ... began rating vehicle interiors in 2007, a car built in the United States by a ... list was the Chevrolet Aveo, made in South Korea, at 4.9. The full study can ... interiors, is important to us." Working with automotive suppliers and the plastics industry has proved ...

  • Air Quality Is Now an Inside Job 7 Nov 2009 07:31 GMT
    ... began rating vehicle interiors in 2007, a car built in the United States by a ... list was the Chevrolet Aveo, made in South Korea, at 4.9. The full study can ... interiors, is important to us." Working with automotive suppliers and the plastics industry has proved ...

  • US OKs two more import probes against China 7 Nov 2009 07:50 GMT
    ... Michigan. Steve Collins, president of the American Automotive Policy Council, said they had just received ... said there was not enough evidence US manufacturer Nucor Fastener had been harmed or threatened ... duties on imports from China, Indonesia and South Korea but those did not survive a ...

  • Daimler: Mercedes - Benz Cars sales rise 4 percent to 97,700 in October 6 Nov 2009 16:57 GMT
    ... carmaker Daimler AG said Friday its Mercedes-Benz Cars division saw a 4 percent increase in global sales in October. Daimler, based in Stuttgart, said ... a 34 percent increase to 14,100 deliveries. South Korea and Australia saw 63 percent and ...

  • Mercedes-Benz Cars Sales Up 4 Percent In Oct 6 Nov 2009 16:36 GMT
    ... carmaker Daimler AG said Friday its Mercedes-Benz Cars division saw a 4 percent increase in global sales in October. Daimler, based in Stuttgart, said ... a 34 percent increase to 14,100 deliveries. South Korea and Australia saw 63 percent and ...

  • How are Japan's manufacturers faring against low-cost competition from China? (Apr 2004) 6 Nov 2009 07:15 GMT
    ... most concerned about the technological prowess of South Korean firms such as Samsung and Hyundai. Many ... is booming for mould-makers that specialise in car parts and mobile phones. Despite the overall ... another. The rapid movement of manufacturing to South Korea, Taiwan and China is, in turn, forcing ...

  • Hyundai Sales up +106% for Highest Ever October Sales Result 6 Nov 2009 11:35 GMT
    ... YTD 2009 v. October YTD 2008). In South Korea, the all-new YF mid-sized sedan sold 17,906 ... share. Getz ranked first in the light car segment achieving 2,198 vehicle sales and a ... with 17,389 units sold October YTD. Hyundai's South Korean domestic sales rose 26% to 66,458 units ...

  • DETROIT - After months of roller coaster-like sales, the auto industry offered signs of recovery from its yearlong slump on Tuesday, as most automakers reported higher levels of U.S. sales in October. 6 Nov 2009 04:34 GMT
    ... and beyond," he said. Demand for new cars and crossovers fueled the better October sales ... during a conference call. Hyundai, based in South Korea, said its sales jumped 49 percent, boosted ... jumps of about 25 percent. Ford's overall car sales rose 11 percent over last October, ...

  • Mercedes-Benz Boosts Sales by Seven Percent 6 Nov 2009 16:21 GMT
    ... continue this positive trend, and we expect sales in the fourth quarter to be above ... in China – Schmidt: “We expect Mercedes-Benz Cars to increase its sales in China by ... October in Australia (up 22 percent) and South Korea (up 63 percent). In the United ...

  • Kirk Says S. Korea Should Remove US Auto Barriers 6 Nov 2009 06:18 GMT
    ... Nov. 6 (Bloomberg) -- South Korea should “level the playing field” by removing ... among U.S. automakers calling for changes to South Korean regulations they say discriminate against imports. ... to correct the huge imbalance in US-Korean automotive trade before an FTA is considered.” back ...

  • Invisible but indispensable 6 Nov 2009 07:15 GMT
    ... to adjust the rear-view mirror in every car are made by Mabuchi. Often the products ... losing market share to rivals from China, South Korea and Taiwan, these smaller, less well known ... now,” confides a manager at Taiyo Yuden. South Korean products are good, he says. “We see ...

  • 2010 Kia Soul Wears Antenna Denim to SEMA 6 Nov 2009 16:53 GMT
    ... arm of Kia Motors Corporation based in Seoul, South Korea. KMA offers a complete line of vehicles through ... Surprise." Kia Motors America is the "Official Automotive Partner of the NBA." Information about Kia ...

  • Hyundai Opens New R&D Centre in India 6 Nov 2009 11:35 GMT
    ... as a truly global player in the automotive industry, Hyundai Motor Company opened a new ... R&D work taking place across Hyundai's entire car line-up globally. The centre currently employs about ... the world; the others being located in South Korea, the United States, Germany and Japan. ...

  • GM highlights progress of business plan 6 Nov 2009 11:12 GMT
    ... a number of new, fuel-efficient, highly successful cars and crossovers; introduced a new marketing campaign ... new advertising campaign titled "May the Best Car Win," which reinforces the company's confidence in ... the Daewoo Matiz Creative was launched in South Korea last month and has helped to double ...

  • West meets east 6 Nov 2009 08:55 GMT
    ... when people buy houses, they buy a car too.” Established Dutch investor ING Real Estate opened ... City Corp, which owns assets in Japan, South Korea and China. It has renamed it the ... most of the construction is financed through pre-sales. The leverage of the fund is below ...

  • GE Announces Latest Advancements To Leading Gas Turbine 6 Nov 2009 18:37 GMT
    ... to the CO2 emissions of approximately 3,800 cars on U.S. roads. "Investing in the needs of ... Latin America, Saudi Arabia, Japan, Taiwan and South Korea. The upgraded 7FA will begin shipping ... shipping in early 2012 and will be manufactured at GE Energy's gas turbine facility in ...

  • Wal-Mart Comes to India 6 Nov 2009 15:22 GMT
    ... police force and even the Indian Army. Sales, they told him, exceeded expectations by almost ... store. Unfortunately customers came in buses, not cars. Management also realized that there are no ... Wal-Mart's stores burned down. The foray into South Korea was doomed from the beginning. Seven ...

  • Ssangyong fails to win plan approval 6 Nov 2009 19:33 GMT
    ... The long-ailing Ssangyong Motor, KoreaˇŻs smallest carmaker, failed yesterday ... bondholders and half of its shareholders. The Seoul Central District Court said it will hold ... which is majority owned by ChinaˇŻs Shanghai Automotive Industry Corp., submitted a turnaround plan to ...

  • Reilly aims for a unified GM strategy 6 Nov 2009 19:41 GMT
    ... Reilly aims for a unified GM strategy Published: November 6 ... David Cole, chairman of the Centre for Automotive Research, a Michigan-based industry think-tank. Mr Reilly ... in 2002 when Mr Reilly moved to Seoul to spearhead the formation of GM Daewoo, ...

  • Positive news from U.S. boosts local index 6 Nov 2009 20:42 GMT
    ... Positive news from U.S. boosts local index SeoulˇŻs ... that will make 170,000 metric tons of automotive steel a year. The company plans to complete the factory by June 2010, according to a statement ...

  • Theme Parks Crucial for Tourism Growth 6 Nov 2009 12:54 GMT
    ... As part of a re-development plan, Ocean Park, situated at the southern ... at the Westin Chosun Hotel in central Seoul. “Korean airlines and travel agencies have been very ... 20 ride attractions, including the iconic cable car with a fantastic view of the South ...

  • South Korean carmakers Hyundai Motors and the Kia Motors place first in foreign car sales market in Russia 1 Nov 2009 18:17 GMT
    ... SEOUL, November 1 (Itar-Tass) - The leading South Korean carmakers Hyundai Motors and the Kia Motors firm, incorporated in the same group, again placed ...

  • Canadian vehicles sales down one per cent in October; smallest decline in more than a year 3 Nov 2009 23:53 GMT
    ... Canadian vehicles sales down one per cent in October; ... October, according to data compiled by DesRosiers Automotive Consultants. This compared to 122,711 a year ... 2,079 units, up 78.9 per cent. Meanwhile, South Korean automaker Hyundai came in sixth place, ...


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