GOYANG, Jan.27 (Korea Bizwire) – Another case where a running BMW burst into flames has been reported, marking the sixth time since a similar incident first occurred on November 3, 2015. On January 26, a BMW driven by Lee (44) caught on fire near the Jayuro highway in Goyang City. The fire completely destroyed the [...]
SEOUL, Jan. 12 (Korea Bizwire) – The chairman of German auto giant BMW has visited South Korea to praise the local unit for its brisk sales performance last year, company official said Tuesday. BMW Group Chairman Harald Kruger came to Seoul on Monday for a two-day stay in his first major event since the start [...]
SEOUL, Jan.11 (Korea Bizwire) – Letters being used in the design of cars seem to be the latest automotive trend. According to the analysts, Kia Motors’ new K7 and Hyundai Motor’s Ioniq feature alphabet letters in their design, drawing the attention of consumers. The new K7 features the letter ‘Z’ in its LED positioning lamp [...]
NASHVILLE, Dec.22 (Korea Bizwire) - Nissan and BMW are joining forces to offer public fast charging at 120 locations across 19 states in an effort to support Nissan LEAF and BMW i3 customers and to promote increased adoption of electric vehicles (EVs) nationwide. With this partnership between two of the top EV manufacturers, Nissan [...]
ICHEON, Dec.15 (Korea Bizwire) – On December 14, an individual referred to as A (52) was driving his BMW on the Yeongdong expressway near Icheon when it caught on fire. The fire destroyed the interior of the car, and the fire department assumed that the total loss would be around 8.8 million won. As soon [...]
SEOUL, Oct. 2 (Korea Bizwire) – With Fiat-Chrysler also creating controversy by manipulating the number of accidents caused by their cars not long after Volkswagen slapped the whole world in the face, the credibility of foreign motor brands is dropping faster than the temperature these days. Sales of foreign cars over the past two weeks have decreased [...]
SEOUL, July 16 (Korea Bizwire) – BMW Korea will sell five limited edition models to commemorate its 20th anniversary. The limited editions will be applied to the 120d M Sports Package, 320d M Performance, 530d xDrive M Sports Package, New 640d Gran Coupe xDrive M Sports Package and X5 xDrive 30d M Sports Package. Each model [...]
SEOUL, Jun. 15 (Korea Bizwire) — Have you ever wondered how BMW’s Dingolfing plant can produce 1,600 cars a day? Its so-called ‘breathing system’, in which assembly workers can be dispatched to particularly busy BMW plants nearby, and its ‘working time account’ system, which enables workers to save and ‘use’ their working hours just like [...]
SEOUL, Jun. 8 (Korea Bizwire) — Sales financing companies for German car dealers in Korea are still applying 7 to 9 percent interest rates for financing plans offered to customers, even though the Korean base rate has dropped to 1 percent. Some companies are luring customers into paying interest whose total amount is even higher [...]
SEOUL, June 4 (Korea Bizwire) — Sales of imported cars in South Korea jumped 20.1 percent in May from a year earlier, driven by strong demand for German vehicles, industry data showed Thursday. According to the data by the Korea Automobile Importers and Distributors Association, 18,386 foreign vehicles were newly registered in the country last [...]