SEOUL, March 2 (Korea Bizwire) — The South Korean automobile industry is accelerating efforts to strengthen contactless sales services amid increasing difficulty in attracting customers due to the COVID-19 pandemic. Mercedes-Benz Korea is providing a variety of services, including a vehicle transport service and a consultation service for sales and purchases of certified used cars, [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korean carmakers are facing a crisis as the global automaking industry is being hit by a shortage of semiconductors. Hyundai Motor Co. and affiliate Kia Corp. are checking the stocks of semiconductors each week, adjusting manufacturing plans to prioritize the production of cars with ample stock of automotive [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korean carmakers’ sales rose 4.8 percent last month from a year earlier helped by strong demand for sport utility vehicles (SUVs) amid the COVID-19 pandemic, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. [...]
SEOUL, Jan. 17 (Korea Bizwire) — Sport utility vehicles (SUVs) sold by South Korean automakers sharply rose to exceed 600,000 units for the first time in 2020 on the back of the rising popularity of car camping and new lineups, industry data showed Sunday. Five companies — Hyundai Motor Co., Kia Motors Corp., GM Korea [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korean carmakers’ sales fell 5 percent last month from a year earlier as the COVID-19 pandemic continued to weigh on demand, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor [...]
SEOUL, Dec. 14 (Korea Bizwire) — South Korea’s auto exports dropped 10.2 percent on-year in November, falling at a faster pace compared with the previous month, amid the global resurgence of new coronavirus cases. Local carmakers shipped a combined 190,657 units of automobiles overseas last month, according to the data compiled by the Ministry of [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean carmakers’ sales fell 5 percent last month from a year earlier as the coronavirus outbreak continued to sap demand around the globe, industry data showed Tuesday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and [...]
SEOUL, Nov. 2 (Korea Bizwire) – South Korean carmakers’ sales fell 1 percent last month from a year earlier as the coronavirus outbreak continued to affect the automobile industry, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong [...]
SEOUL, Oct. 13 (Korea Bizwire) — Kia Motors Corp. and two other South Korean carmakers have yet to reach wage deals with their unions for this year, with the new coronavirus outbreak still a major concern for the automotive industry. Of the country’s five carmakers, Hyundai Motor Co. and SsangYong Motor Co. and their unions [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korean carmakers’ vehicle sales rose 3.4 percent last month from a year earlier as robust domestic demand offset weak overseas sales amid the new coronavirus outbreak, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung [...]