SEOUL, April 4 (Korea Bizwire) — Sales of Mini vehicles reached a new high last year, signaling the brand’s growing popularity among South Korean drivers. To celebrate a record-breaking 9,562 vehicles sold in South Korea alone last year, the 2018 Mini Brand Day was held on Tuesday in Seoul, an event for Mini fans. During the [...]
SEOUL, Feb. 14 (Korea Bizwire) — German luxury carmakers Mercedes-Benz and BMW will voluntarily recall more than 3,000 vehicles to fix faulty parts, the transport ministry said Wednesday. Mercedes-Benz’s recall — set to begin later in the day — affects 1,440 units of 21 different models produced between January and June 2017, including the GLS [...]
SEOUL, Feb. 6 (Korea Bizwire) – Sales of imported vehicles in South Korea jumped 26 percent last month compared with a year earlier on increased supplies of popular brands and aggressive promotions, industry data showed Tuesday. The number of newly registered foreign vehicles rose to 21,075 in January from 16,674 a year earlier, the Korea [...]
SEOUL, Nov. 23 (Korea Bizwire) – Mercedes-Benz has selected the glitzy Cheongdam neighborhood in Seoul as the location for a new high-tech digital showroom. Industry watchers believe that the move is motivated by a desire to gain a bigger share of the sizable luxury vehicle market. Figures by the Korea Automobile Importers and Distributors Association [...]
SEOUL, Nov. 9 (Korea Bizwire) – The local units of Mercedes-Benz, BMW and Porsche have been fined a combined 70.3 billion won (US$63.1 million) for falsifying documents required for government certification that grants them domestic sales, the environment ministry said Thursday. The three foreign automakers were found to have forged certain specifications or types of the vehicles’ parts to make it look as though they meet the local standards, between [...]
SEOUL, Oct. 23 (Korea Bizwire) — Sales of luxury cars in South Korea exceed those of richer countries, industry data showed Sunday. Numbers provided by foreign carmakers and the Korea Automobile Importers and Distributors Association (KAIDA) showed South Koreans bought more new BMW 5-series and Mercedes-Benz E-class cars than Germans and neighbors in Japan from [...]
SEOUL, Oct. 3 (Korea Bizwire) – “Our goal is not cost effectiveness. We do not think that the target markets overlap,” said an official with one of the competing automakers when Genesis designated the Benz C-class and BMW 3 series as competitors of its model G70 before its launch in the market. “The advertising of the [...]
SEOUL, Sept. 18 (Korea Bizwire) – Ever since it opened on Yeongjong Island (home to Incheon International Airport) in August, 2014, the BMW Driving Center has played host to more than 500,000 curious visitors, 70,000 among whom took a stab at the numerous driving activities on offer. The headlining feature of the center is a [...]
SEOUL, Sept. 7 (Korea Bizwire) – SK Telecom announced that it would be hosting a general meeting at its Seoul headquarters on September 7 to present its latest product, the AI-integrated navigation system T Map x NUGU. The pre-NUGU supported T Map had been capable of processing one-word commands, but after being integrated with NUGU, [...]
SEOUL, Sept. 7 (Korea Bizwire) — Ford Motor Company, Mitsubishi Motors Corporation and BMW will recall faulty parts in more than 1,000 vehicles sold in South Korea, the transport ministry said Thursday. Ford will recall 626 Lincoln MKZs and eight Fusion sedans manufactured in 2013 to replace faulty door latches. Mitsubishi issued a recall for [...]