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Court Rules against Plaintiffs in Damages Suit against Volkswagen

Court Rules against Plaintiffs in Damages Suit against Volkswagen

SEOUL, Jun. 7 (Korea Bizwire) — A Seoul court has ruled against dozens of South Koreans who sued the local unit of German carmaker Volkswagen for infringing on their right to health by rigging emissions data, officials said Tuesday. The Seoul Central District Court said that there is not sufficient evidence to corroborate the plaintiffs’ [...]

Demand for Performance Cars Rises in S. Korea

Demand for Performance Cars Rises in S. Korea

SEOUL, Jun. 5 (Korea Bizwire) — Sales of high-performance vehicles are on the rise in South Korea amid growing demand by consumers who want more from the cars they drive every day, industry sources said Friday. The number of performance cars sold here fell far behind sales of mass-market models but it has steadily increased [...]

Renault Mulls Launching Zoe Electric Car in South Korea in 2019

Renault Mulls Launching Zoe Electric Car in South Korea in 2019

SEOUL, May 31 (Korea Bizwire) – French carmaker Renault S.A. is considering launching the Zoe electric vehicle (EV) in South Korea in 2019 on improving charging infrastructure and government subsidies, the company’s chief executive said Wednesday. “We are considering introducing the next-generation Zoe electric car in the South Korean market in 2019, but we need [...]