SEOUL, Aug. 22 (Korea Bizwire) — After BMW Korea’s recent decision to recall its vehicles, the price of used BMWs is falling with the number of cars being sold stagnating. This is according to SK Encar, South Korea’s biggest online used car market, which surveyed current market prices and number of vehicles sold for BMW’s [...]
SEOUL, Aug. 17 (Korea Bizwire) — Some 11,400 BMW vehicles have yet to be inspected for safety as of Friday, with about 7,900 of them having received reservations to undergo checks, the transport ministry said. The German automaker recalled 106,317 BMW cars after a string of cases of engines catching fire. There have been 40 [...]
SEOUL, Aug. 16 (Korea Bizwire) — A South Korean law firm on Thursday called on the government to adopt its proposed test measures to find out the cause of fires in BMW vehicles amid growing safety concerns about cars made by the German luxury brand. In a press conference held in Seoul, Barun Law LLC., [...]
SEOUL, Aug. 14 (Korea Bizwire) – South Korea on Tuesday issued an order to suspend the operation of all BMW vehicles that have yet to receive safety inspections amid dozens of German cars catching fire. Last month, BMW said it will start recalling 106,317 vehicles next Monday after making emergency safety checks on all models [...]
SEOUL, Aug. 11 (Korea Bizwire) — While the controversy surrounding BMW engine fires continues to rage in South Korea, the atmosphere in the carmaker’s home country of Germany is relatively calm. Although BMW recently decided to launch a recall of its problematic vehicles in Europe, the move has not received the type of media attention [...]
SEOUL, Aug. 10 (Korea Bizwire) — Two BMWs catching fire on the road on a single day earlier this week have hardened South Koreans’ distrust over German brand automobiles, which may reflect broader problems facing the car industry all around the world, industry watchers in Seoul said Friday. Thirty-six cases of BMWs catching fire, some [...]
SEOUL, Aug. 9 (Korea Bizwire) — A driving ban on BMWs currently requiring safety checks and the subject of a recall would be a huge inconvenience for the owners of the vehicles, most acknowledge, but the measure is still being considered by the South Korean government. According to Kim Hyun-mee, the Minister of Land, Infrastructure [...]
SEOUL, Aug. 8 (Korea Bizwire) — “When someone in a BMW pulls in, we ask that they park in the designated parking area on the B4 basement level. Of course, 99 percent of drivers get mad when we say this, and claim that their car is new and without any problems. That troubles us,” said [...]
SEOUL, Aug. 7 (Korea Bizwire) — With BMW issuing a recall for a number of its car models after a spate of engine fires, a similar instance that occurred in Europe in 2016 is gaining widespread attention, making it difficult for BMW to avert controversy for what some say is a tardy response to a [...]
SEOUL, Aug. 4 (Korea Bizwire) –A BMW sedan caught fire on a street in South Korea Saturday, the latest in a spate of reported car fires related to the German brand that have heightened safety concerns and prompted a recent massive recall here. The fire broke out in the engine compartment of the BMW 520d [...]