SEOUL, Jan. 4 (Korea Bizwire) – BMW Korea overtook Mercedes-Benz Korea to become the leading foreign automobile company in South Korea last year in terms of sales, industry data showed Thursday. According to the Korea Automobile Importers & Distributors Association (KAIDA), the number of newly registered BMW models last year reached 77,395 units out of the [...]
SEOUL, Nov. 15 (Korea Bizwire) — Mercedes-Benz Korea and three other car companies will recall over 10,000 vehicles due to defective components, the transportation ministry said Wednesday. The companies, which also include BMW Group Korea, Volkswagen Group Korea and domestic electrified van manufacturer Jeis Mobility, are voluntarily recalling a total of 10,981 units of 20 [...]
SEOUL, Oct. 5 (Korea Bizwire) — BMW Group on Thursday launched its new 5 series sedan for the first time in South Korea, reflecting the importance of the market for the German carmaker. The new 5 series is available in three versions — a gasoline or a diesel-powered engine, or an electric power train, BMW [...]
SEOUL, Sept.11(Korea Bizwire) – German automakers continue to maintain their stronghold in the South Korean import car market, and this dominance extends to the realm of electric vehicle (EV) sales as well. Recent import vehicle registration data from the Korea Association of Imported Automobile Manufacturers (KAIDA) released on Sunday reveals a substantial uptick in the number [...]
SEOUL, June 13 (Korea Bizwire) — BMW Group Korea said Monday it has opened an electric vehicle (EV) charging station at the Hilton Gyeongju in the city of Gyeongju, North Gyeongsang Province. The charging station features one rapid charger and three slow chargers, with the capacity to charge up to eight cars simultaneously. The design [...]
SEOUL, May 25 (Korea Bizwire) — BMW unveiled the eighth generation of its flagship premium business sedan, the New 5 Series on May 24. The car is longer, wider, taller, and offers increased interior space compared to the previous generation. The front design features modern interpretations of BMW’s signature double headlights and kidney grille. Advanced [...]
SEOUL, May 15 (Korea Bizwire) — BMW Group Korea said Monday it has started the construction of a new research and development center near Seoul to strengthen cooperation with South Korean partners in future mobility solutions. In 2015, the German carmaker opened an R&D unit within the BMW Driving Center in Incheon, 27 kilometers west [...]
SEOUL, Feb. 8 (Korea Bizwire) — Sales of BMW’s flagship 7 Series in South Korea plummeted two months after being released, data showed Tuesday, as it has failed to unseat Mercedes-Benz’s S-Class as the top-sellling imported flagship sedan. According to Carisyou Data Lab, the German automaker sold 91 units of full-size luxury sedan in January, [...]
SEOUL, Dec. 18 (Korea Bizwire) — The heads of South Korea’s biggest conglomerate Samsung Group and German carmaker BMW Group discussed ways to strengthen their battery business partnership, Samsung said Sunday. Samsung Group’s de facto leader Lee Jae-yong met with BMW Group Chief Executive Oliver Zipse at the BMW Driving Center in Incheon, just west [...]
SEOUL, Oct. 6 (Korea Bizwire) — The number of new cars registered last month in South Korea was higher than a year ago thanks to the easing of the disruption in automobile chip supplies. According to CarIsYou Data Research Center, 141,640 new cars were registered in September, up 17.9 percent year on year and 6 [...]