SEOUL, Feb. 18 (Korea Bizwire) — Sales of diesel cars made by Hyundai Motor Co. and its corporate cousin, Kia Motors Corp., have steadily fallen for the past three years due to stricter emission regulations, industry data showed Monday. Diesel-powered sales accounted for 33.8 percent of 1,013,259 sedans and recreational vehicles sold by Hyundai and [...]
SEOUL, Nov. 7 (Korea Bizwire) — Seoul will begin restricting the entry of old diesel cars into the city on days with severe fine dust, starting Wednesday. Seoul announced the emergency measure to cut down fine dust emissions on Tuesday, the sixth time this year. The measure will enter effect when ultrafine dust concentrations reach [...]
SEOUL, Dec. 12 (Korea Bizwire) — The value of imported diesel-powered vehicles plunged 22 percent in the January-October period from a year earlier following Volkswagen’s diesel gate, a local trade association said Tuesday. The value of imported diesel cars fell to US$3.39 billion in the first 10 months from $4.99 billion in the same period [...]
SEOUL, Oct. 18 (Korea Bizwire) – The Ministry of Environment has announced it will impose additional environmental tests on small and medium-sized diesel cars registered in Seoul and the surrounding area starting next year, the latest in a series of moves designed to discourage the sale and use of diesel cars. The new move by the [...]
SEOUL, Jul. 13 (Korea Bizwire) — Blamed for air pollution and speculation of price hikes down the road has dampened demand for diesel-powered vehicles to a four-year low in the first half of this year, industry data showed Thursday. The Korea Automobile Manufacturers Association (KAMA) said among new cars registered in January to May this [...]
SEOUL, May 29 (Korea Bizwire) – Seoul is ramping up its efforts to tackle fine dust, with the latest target being diesel vehicles with high emissions levels. At an open forum on fine dust measures held last Saturday at Seoul Plaza, Seoul Mayor Park Won-soon made a surprise announcement about possible measures to tackle the problem [...]
SEJONG, June 29 (Korea Bizwire) – Starting in the latter half of the year, the government will provide a tax rebate of up to 1 million won ($862) for new car purchases when car owners scrap their old diesel vehicles. It will also expand its investment in the eco-friendly sector, taking on projects such as [...]
SEOUL, June 24 (Korea Bizwire) – Diesel cars are at the center of attention in Korea with the ongoing investigation into Audi-Volkswagen’s emissions scandal, and the government’s recent labelling of diesel vehicles as major producers of fine dust, which has become dangerously prevalent in recent years. In a recent study conducted by the Ministry of [...]
SEOUL, April 24 (Korea Bizwire) – Diesel cars accounted for nearly 70 percent of total sales by foreign brands in South Korea during the first quarter despite the emissions scandal involving some of their popular models, industry data showed Sunday. According to the data provided by the Korea Automobile Importers and Distributors Association, a total [...]
SEJONG, Jun. 12 (Korea Bizwire) — The Korean government has set a new regulation on emissions standards for diesel cars, in which the amount of greenhouse gases emitted during casual driving will also be considered along with the amount of gases emitted under pre-set driving conditions, since diesel cars are known to emit more nitrogen [...]