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Surging Interest in EVs Bodes Well for Korean Green Car Market

Surging Interest in EVs Bodes Well for Korean Green Car Market

SEOUL, South Korea, March 22 (Korea Bizwire) – South Korean TV shopping network Lotte Home Shopping recently experienced firsthand the surge in the popularity of electric cars when it aired a special program last Friday featuring electric cars for lease. During the hour-long broadcast, the network saw more than five thousand customers call in to [...]

Every Bolt EV in First Shipment to Korea Earmarked Within Hours: GM Korea

Every Bolt EV in First Shipment to Korea Earmarked Within Hours: GM Korea

SEOUL, March 20 (Korea Bizwire) – Each and every one of 400 Bolt EV cars set to be delivered here next month was sold in just the first few hours of taking orders, GM Korea Co. said Saturday, reflecting an apparently high interest by local consumers in the new electric car. The company began taking preorders for the Chevrolet Bolt EV on Friday. “All 400 units in the first shipment were gone in just two hours,” said an official from the South Korean unit [...]

GM Korea Chief Says Will Reach Double-Digit Market Share in 2017

GM Korea Chief Says Will Reach Double-Digit Market Share in 2017

SEOUL, Jan. 17 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., will again see domestic sales grow this year, its CEO James Kim said Tuesday, adding he was confident the company’s market share will breach the 10-percent mark for the first time in a decade. “I believe [...]

Chief of GM Korea Urges Corrupt Employees to Come Clean Without Consequence

Chief of GM Korea Urges Corrupt Employees to Come Clean Without Consequence

SEOUL, Dec. 30 (Korea Bizwire) – James Kim, president and CEO of GM Korea Co., apparently sought to eradicate what is believed to be widespread corruption among many employees and labor union leaders selling job openings, urging them to come clean without facing any consequences, company officials said Friday.  In a recent e-mail addressed to [...]

Nearly 500 Ford Cars to Be Recalled in S. Korea for Faulty Suspension

Nearly 500 Ford Cars to Be Recalled in S. Korea for Faulty Suspension

SEOUL, Dec. 21 (Korea Bizwire) – Ford Sales & Service Korea, the local importer and distributor of Ford vehicles, will recall certain model year Ford Explorer SUVs sold here for a problem related to the cars’ suspension, the transportation ministry said Wednesday.  The recall affects 489 Explorer cars produced between Jan. 17 and May 31 [...]