“Currently we are reviewing whether the Chevy Impala is a good model to be introduced in the Korean market. If we decide not to, that’s based on our judgment on marketability.” “The launch of the seventh-generation Corvette is being delayed indefinitely due to Korea’s regulation on automobile noise. Although such regulatory stance may benefit the [...]
SEOUL, Nov. 4 (Korea Bizwire) – GM Korea voluntarily altered the standard mileage of the Chevrolet Cruze and Lacetti Premier 1.8-liter gasoline models and decided to compensate for the error with cash to their owners. On November 3, the South Korean unit of General Motors said in a statement that it decided to downgrade the fuel economy [...]
![[Quote] GM Korea CEO Strikes Back at Former Daewoo Chairman’s Remarks](http://koreabizwire.com/wp/wp-content/uploads/2014/08/kim-woo-jung.jpg "[Quote] GM Korea CEO Strikes Back at Former Daewoo Chairman’s Remarks")
“I have had a hard enough time so far. (after the Daewoo Group’s break-up and his being charged with many convictions in late 1990s). And I guess it’s about time to rectify what has gone wrong with general perceptions and evaluations of the Daewoo Group, which suffered unfair treatment when the Asian financial crisis folded [...]
SEOUL, Aug. 8 (Korea Bizwire) – A light-weight electric pick-up truck will be provided to Jeju residents as the first-ever electric truck model for the commercial use in the volcanic island in Korea’s south. Power Plaza, the provider of the electric truck called Peace, announced on August 6 that the provincial government included the electric truck [...]
SEOUL, Aug. 3 (Korea Bizwire) — Following the lead of GM Korea, the management of Ssangyong Motor has also proposed to the labor union that it would include regular bonuses as “ordinary wages.” It remains to be seen whether this will be adopted in other car makers and all other manufacturing firms. Unions have long demanded [...]
SEOUL, July 4 (Korea Bizwire) – While Korea’s large business groups like Samsung, Hyundai and SK gained about half its sales from overseas markets, their domestic sales decreased 5 percent and their portion fell 2 percentage points respectively last year. According to a recent survey conducted by CEO Score investigating the business performances of the nation’s [...]
SEOUL, June 17 (Korea Bizwire) – Chevrolet conducted a trial run event comparing its European style sedan Malibu Diesel with other imported diesel models to show off its performance and high fuel efficiency. On June 14, GM Korea, the car maker producing Chevrolet brand models, gave a chance to have a trial run by inviting 180 [...]
BUSAN, May 27 (Korea Bizwire) - Starting with Press Day on May 29, and the Opening Ceremony on May 30, the 2014 Busan International Motor Show (BIMOS 2014) will be at BEXCO in Busan for 11 days through June 8. The auto show, which first convened as the inaugural exhibition for BEXCO in 2001, is [...]
SEOUL, Korea, Jan 20 (Korea Bizwire) – There are some athletes who play better in international matches while putting up mediocre performance at home. In the same way, there are some car models that sell well overseas while selling fewer than 10,000 units domestically. The Kia Soul is one of such models. Last year, the [...]
Seoul, S. Korea, July 6 (Korea Bizwire) GM Korea has set out to strengthen its brand image in step with Chevrolet’s global brand campaign “Find New Roads.” The global headquarters of GM is promoting Chevrolet to make it the world’s best auto brand within 10 years from now. Sergio Rocha, president of GM Korea, said, [...]