SEJONG, Dec. 7 (Korea Bizwire) - Mercedes-Benz and Maserati will recall 724 cars sold in South Korea for safety-related mechanical defects, the Ministry of Land, Infrastructure and Transport said Monday. German luxury carmaker Mercedes-Benz will make repairs on 721 S63 AMG 4Matic sedans for ignition problems. The defect has been determined to be caused by a [...]
“The sales of foreign cars in Korea have increased and sales of supercars including Ferrari are also doing well. Korea is a market that holds great potential, where the responses of consumers are passionate.” “The sales didn’t increase just because a market grew. We put a priority on advancing the satisfaction of consumers rather than increasing sales.” [...]
SEOUL, May 20 (Korea Bizwire) — A Korean man in his thirties, charged with damaging the soft top of his neighbor’s Ferrari Convertible while sleeping on it when drunk, will escape criminal penalties as the Suwon District Court has ruled against the Ferrari owner who requested compensation for damages, saying that the soft top was undamaged. [...]
SEOUL, March 19 (Korea Bizwire) — Supercars are selling more than ever in Seoul, and the city is rapidly becoming a new hotspot for supercar brands. Bentley sells more of its US$ 230,000 model at its Cheongdam dealership in Seoul than anywhere else in the world. For all Bentley models, Seoul ranks second in sales behind Dubai. [...]
SEOUL, Jan. 9 (Korea Bizwire) — Hankook Tire will be a title sponsor for the 24H Series, the biggest endurance race in the world, and will be the exclusive tire supplier from 2015 to 2017, according to a company announcement on January 8. The Korean tire manufacturer will supply 17″ to 19″ racing tires to every [...]