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“Eco-friendliness”: The Main Theme of Paris Motor Show 2014

SEOUL, Oct. 4 (Korea Bizwire) – “Environmental friendliness is changing the landscape of the whole automobile industry.” This is what Volkswagen AG chairman Martin Winterkorn said after visiting the Paris Motor Show 2014 on October 2. Being green has indeed become the most important yardstick by which newly developed cars are judged today. In trade shows, participating car [...]

European Car Sales to Gain Traction Thanks to Seoul’s Tariff Abolition

SEOUL, July 2 (Korea Bizwire) – From July 1st this year, which marks the third anniversary of Korea-EU free trade agreement, the tariffs on mid- and large-sized European cars was abolished in Korea. Coupled with this measure, lowering tariffs on small-sized cars will give a further boost to already hot-selling European automotive industry in the [...]