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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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Latest South Korea Automotive News

  • Forte set to herald new dawn for Naza 24 Nov 2009 18:04 GMT
    ... The two segments accounted for more than 10 per cent ... said. "The Forte was the first Kia car conceptualised by Peter Schreyer under the South Korean carmaker's new design DNA," he added. Germany's ...

  • Koenigsegg backs out of plan to buy Saab from GM 24 Nov 2009 18:01 GMT
    ... GM, are seen in front of a car dealer in Stuttgart, Germany. General Motors Co. ... the GM Daewoo auto plant in Incheon, South Korea. General Motors Co. said Tuesday, Nov. ... Koenigsegg struck a preliminary agreement with Beijing Automotive Industry Holdings to give the Chinese company ...

  • [Viewpoint] Imbalance? What imbalance? 24 Nov 2009 17:13 GMT
    ... President Lee might be leading us down the road ... U.S. by assuming a problem with the car trade exists. When U.S. President Barack Obama ... had been looking forward to coming to Seoul, and no one thought that he would insist ...

  • Kia Motors launches luxury Cadenza sedan 24 Nov 2009 15:53 GMT
    ... -- Kia Motors launched its luxury Cadenza on Tuesday with ... opera singer and a heartthrob of the South Korean cinema, betting the new sedan will ... companies, which together form the world's fifth-biggest automotive group, have expanded aggressively in recent years ...

  • Corporate Giants Defy Downturn 24 Nov 2009 15:35 GMT
    ... The top South Korean firms are successfully exploiting the recession to ... led to a ‘winner-takes-all’ situation, and the car makers have been successfully expanding their global ...

  • Hyundai Motor Spurts Ahead 24 Nov 2009 15:35 GMT
    ... By Jane Han Staff Reporter What a year for Hyundai ... recession were no easy achievements, but the South Korean auto giant marched right through and rolled out ... Chairman said at the launching ceremony in Seoul. It cost Hyundai 450 billion won and ...

  • Experts Consider Robots, Legal Issues 24 Nov 2009 15:22 GMT
    ... be sued if one of those new cars takes an unexpected turn into a crowd ... behind other countries -- like Japan and South Korea -- that are also at the ... expect to exceed $5 billion in annual sales by 2015. "We're going to need to ...

  • Kia Motors launches luxury Cadenza sedan amid operatics, high hopes 24 Nov 2009 14:54 GMT
    ... SEOUL, South Korea (AP) - Kia Motors launched its luxury ... opera singer and a heartthrob of the South Korean cinema, betting the new sedan will raise the ...

  • iWatt, Inc. Introduces Primary Side Regulated Digital PWM Controller for Dimmable LED Lighting 24 Nov 2009 14:51 GMT
    ... iWatt, Inc. Introduces Primary Side Regulated Digital PWM Controller for ... offices in Fort Collins, CO, Taipei, Taiwan, Seoul, Korea, Tokyo, Japan, Shenzhen, China, and Hong ... serving various applications in the consumer, computing, automotive, telecommunication and industrial market segments. Everlight's exponential ...

  • Investors Upbeat About LG Chem 24 Nov 2009 14:14 GMT
    ... ‘Green’ Trend Powers Global Demand for Eco-Friendly Batteries ... other key factors, LG Chem, the largest South Korean chemical company, may expect a bright 2010, ... GM and Nissan are among the major car makers showing a strong commitment to electric ...

  • iSuppli Corporation: Semiconductor Market Declines Less Than Expected, Samsung Shines in 2009 24 Nov 2009 13:16 GMT
    ... the first quarter of 2009. However, semiconductor sales rebounded smartly after that, with sequential increases ... in 2009: Samsung Electronics Co. Ltd. of South Korea. While the company is set to ... The hardest-hit area, by far, was the automotive electronics industry, with a drop of 26.1 ...

  • Semiconductor Market Declines Less Than Expected, Samsung Shines in 2009 24 Nov 2009 13:16 GMT
    ... the first quarter of 2009. However, semiconductor sales rebounded smartly after that, with sequential increases ... in 2009: Samsung Electronics Co. Ltd. of South Korea. While the company is set to ... The hardest-hit area, by far, was the automotive electronics industry, with a drop of 26.1 ...

  • All-new sporty and dynamic Kia Cadenza makes its debut 24 Nov 2009 12:31 GMT
    ... New Cadenza will make its overseas world premiere at next ... rivals. Last April, the team's KND-5 concept car at the Seoul Motor Show revealed just how revolutionary Kia's new ...

  • TrueCar Forecasts November 2009 Auto Sales 24 Nov 2009 11:30 GMT
    ... CA -- (MARKET WIRE) -- 11/24/09 -- TrueCar ( ), the authority on new car ... 9.20% 8.80% 8.80% Japan 39.50% 40.20% 38.70% South Korea 6.50% 6.40% 4.60% USA 44.80% 44.70% ... by a highly experienced team from the automotive and technology industries, TrueCar is based in ...

  • Samsung and MediaTek shine amid chip market decline in 2009, says iSuppli 24 Nov 2009 10:50 GMT
    ... the memory market as well as in sales of chips for consumer electronics and wireless ... the top-10 suppliers, only Samsung Electronics of South Korea is expected to achieve growth in ... The hardest-hit area, by far, was the automotive electronics industry with a drop of 26.1%, ...

  • All-New Sporty and Dynamic Kia Cadenza Makes its Debut - VIDEO ENHANCED 24 Nov 2009 10:33 GMT
    ... Under the direction of Kia's Chief Design Officer (CDO), Peter ... rivals. Last April, the team's KND-5 concept car at the Seoul Motor Show revealed just how revolutionary Kia's new ...

  • Qualcomm Expected to Gain Two Places in Top-10 Semiconductor Rankings 24 Nov 2009 09:47 GMT
    ... the first quarter of 2009. However, semiconductor sales rebounded smartly after that, with sequential increases ... in 2009: Samsung Electronics Co. Ltd. of South Korea. While the company is set to ... The hardest-hit area, by far, was the automotive electronics industry, with a drop of 26.1 ...

  • Weak dollar helps Cat, McDonald's 24 Nov 2009 09:18 GMT
    ... risen 22 percent in the fourth quarter, compared with a 10 percent decline for Seoul-based Hyundai Motor Co., South Korea's largest car manufacturer. Dearborn, Michigan-based Ford does 51 percent of its business abroad. South Korea's won ...

  • Asian Markets Trading Mixed Amid Cautious Mood 24 Nov 2009 05:17 GMT
    ... Asian Markets Trading Mixed Amid Cautious Mood Mon. November ... outlay. Hitachi will supply all 1,400 rail cars, provide maintenance and develop operational systems. In ... at 88.91 to the U.S. dollar. The South Korean stock market is trading weak with ...

  • Weak dollar helps Cat, McDonald's, hurts Komatsu 23 Nov 2009 22:33 GMT
    ... risen 22 percent in the fourth quarter, compared with a 10 percent decline for Seoul-based Hyundai Motor Co., South Korea's largest car manufacturer. Dearborn, Michigan-based Ford does 51 percent of its business abroad. South Korea's won ...

  • Global automakers eye China to boost sales growth 23 Nov 2009 20:55 GMT
    ... A Chinese model shows Toyota FT-HS hybrid fuel sports concept ... them are showcasing their latest hybrid models Car makers from General Motors to Toyota Motor ... as the preferred bidder for the Volvo cars unit, said it expects its sales to ...

  • Caterpillar Beating Komatsu as Dow Soars on Dollar 23 Nov 2009 20:26 GMT
    ... Nov. 23 (Bloomberg) -- For the first time since the ... compared with a 10 percent decline for Seoul-based Hyundai Motor Co., South Korea’s largest car manufacturer. Dearborn, Michigan-based Ford does 51 percent ...

  • What to Give the Inner Child Who Has It All 23 Nov 2009 19:25 GMT
    ... The house resonates with the patter of tiny feet. What ... according to British media reports, by a South Korean cloning company, RNL Bio, for £25,000, or ... status onto their children,” Mr. Tungate said. Car manufacturers have taken note of this potentially ...

  • As robots become more common, Stanford experts consider the legal challenges 23 Nov 2009 19:04 GMT
    ... be sued if one of those new cars takes an unexpected turn into a crowd ... behind other countries - like Japan and South Korea - that are also at the ... expect to exceed $5 billion in annual sales by 2015. "We're going to need to ...

  • Germany's Breuckmann to Bundle 3D Scanners with Rapidform 23 Nov 2009 16:50 GMT
    ... Breuckmann to Bundle 3D Scanners with Rapidform SEOUL, South Korea, Nov 23, 2009 - INUS Technology, Inc. today ... the sophisticated needs of our customers in automotive and aerospace industries." Breuckmann scanners collect 3D ...


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