SEOUL, Jan. 31 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., will begin to sell the Chevrolet Volt electric vehicle in the local market this week, the company said Tuesday. The Volt EV will be available at any Chevrolet dealership here from Wednesday, the company said in [...]
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 [...]
SEOUL, Jan. 10 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., is set to launch its new Cruze compact car here next week, company officials said Tuesday. The Chevrolet Cruze will be unveiled at a ceremony in Seoul next Tuesday, they said. The new Cruze will mark [...]
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 [...]
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 [...]
SEOUL, Dec. 7 (Korea Bizwire) – Featured Wednesday at the Seoul Design Festival was the “Volcano Red” version of Chevrolet’s Camaro SS, the model often recognized as “Bumblebee” in the Transformers series (though in yellow with black stripes in the films). The hot red 453-horsepower muscle car, presented by GM Korea and spatial designer Kim [...]
SEOUL, Dec. 1 (Korea Bizwire) – Combined sales of automakers in South Korea grew from a year earlier in November on strong demands both at home and abroad, data from the companies showed Thursday. In November, the five South Korea-based carmakers sold 868,458 cars globally, up 5.6 percent from 822,754 vehicles sold in the same [...]
SEOUL, Nov. 8 (Korea Bizwire) – South Korea’s top automaker Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. continue to dominate the local market despite a recent drop in their sales here as they together hold nine of the 10 best-selling cars, data showed Tuesday. The two carmakers form Hyundai Motor Group, the [...]
SEOUL, Oct. 5 (Korea Bizwire) – GM Korea Co., the local unit of U.S. carmaker General Motors Co., has started full-fledged exports of its all-new Malibu midsize sedans built in South Korea to the Middle East in a bid to expand its overseas markets, industry sources said Wednesday. GM Korea shipped about 900 Malibu units [...]
SEOUL, Aug. 29 (Korea Bizwire) – Local carmakers’ business outlook for the year is increasingly dim as they are struggling with a protracted labor dispute and a fall in demand in emerging markets, industry sources said Sunday. According to the sources, workers at South Korea’s leading carmaker Hyundai Motor Co. have voted down a tentative [...]