SEOUL, April 14 (Korea Bizwire) – South Korea’s exports of automobiles plunged 10.8 percent in the first quarter from a year earlier, data showed Wednesday, amid falling demand from emerging markets. South Korean carmakers shipped 654,494 units of vehicles abroad over the January-March period, compared with the 733,759 units posted a year earlier, the data compiled by the Korea Automobile Manufacturers’ Association [...]
SEOUL, April 1 (Korea Bizwire) – GM Korea Co. said on Friday it sold more than 9,000 units of the Chevrolet Spark mini car in March, the strongest monthly performance since its domestic debut in October 2002. The sales jumped by more than 80 percent from 4,889 units a month earlier. “The robust sales were driven by [...]
SEJONG, March 21 (Korea Bizwire) – GM Korea Co., the local unit of U.S. carmaker General Motors Co., will recall 66,169 units of the Chevrolet Orlando SUV for problems with their engine start buttons, the transportation ministry said Monday. The model’s engine ignition button was found to not automatically return to its original position after the [...]