SEOUL, Feb. 22 (Korea Bizwire) – A generation shift in the country’s imported auto market continued last year with customers in their 30s being the largest buyer group with a portion of nearly 40 percent, industry data showed Wednesday. According to the data compiled by the Korea Automobile Importers & Distributors Association (KAIDA), a total [...]
SEOUL, Dec. 29 (Korea Bizwire) – BMW Korea, the local importer and distributor of BMW cars, will recall a total of 2,100 cars sold here for various problems, including a defective oil filter casing that could allow coolant to mix with engine oil, damaging the engine, the transportation ministry said Thursday. The recall affects 1,135 [...]
SEOUL, Nov. 29 (Korea Bizwire) – The South Korean government said Tuesday it will ban sales of six models by three foreign automakers, accusing them of fabricating reports to win sales approval from the local government. The Ministry of Environment said it detected defects in the certification documents of 10 vehicle models from the local [...]
SEOUL, Nov. 25 (Korea Bizwire) – BMW Korea, the local importer and distributor of BMW cars, will recall over 21,000 cars sold in South Korea for various problems related to engine timing belts and air bags, the transportation ministry said Friday. Some 11,600 cars of 19 vehicle models, including the 530d xDrive and the X6 [...]
SEOUL, Nov. 17 (Korea Bizwire) – BMW Group Korea donated Wednesday seven X5s, a mid-sized SUV, to the Seoul Metropolitan Fire & Disaster Headquarters. With each vehicle selling for roughly 90-million-won ($76,674) in the local market, the gifted vehicles were custom made to be used as patrol cars at fire departments across the capital. The [...]
SEOUL, Oct. 28 (Korea Bizwire) – Hyundai Motor Co. is recalling nearly 24,000 vehicles sold here for sunroof-related issues while BMW will recall over 21,000 cars over problems related to the fuel injector and airbags, the transportation ministry said Friday. Hyundai Motor, South Korea’s top automaker, is recalling certain model years of the LF Sonata [...]
SEOUL, Oct. 25 (Korea Bizwire) – The local unit of German carmaker BMW is recalling 23 of its models for defects in devices that control emissions, the South Korean government said Tuesday. BMW Korea voluntarily started the recall on Oct. 12 on two gasoline and 21 diesel models for problems detected in the exhaust gas [...]
SEOUL, Sept. 20 (Korea Bizwire) – BMW Group Korea is celebrating the German automaker’s 100th anniversary by hosting “BMW Joy Festival” at Yeongjongdo, an island off the coast of Incheon. The two-day festival, which begins on Saturday (September 24), will include an exhibition, drift performances, driving experiences for visitors, Oktoberfest, and a mini-amusement park. The [...]
SEOUL, Sept. 19 (Korea Bizwire) – Korea’s largest shopping complex, Starfield Hanam, which opened to public on September 9, has become a new battleground for carmakers. Two automakers currently operate stores on the 460,000-square-meter premises: Hyundai Motor Company and BMW. While Hyundai stands as a symbolic figure of Korea’s automotive industry, BMW is currently the leading [...]
SEOUL, July 26 (Korea Bizwire) – Imports of vehicles produced in Germany or by German automakers dropped for the first time in 13 years, apparently due to a large cut in inbound shipments of Volkswagen and Audi cars mired in an emissions scandal, industry data showed Tuesday. In the first five months of the year, [...]