SEOUL, Nov. 27 (Korea Bizwire) – Annual sales figures for Mercedes-Benz cars in South Korea have surpassed the 60,000 units mark, the first time a foreign car manufacturer has reached such lofty heights. This year has been another rosy year for Mercedes-Benz Korea with the 2017 E- Class series alone having sold 30,000 units, another sales [...]
SEOUL, Nov. 23 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s most widely used messenger app KakaoTalk, launched a premium taxi service earlier this month, but it had to start with only foreign brands as talks with the country’s largest homegrown automaker fell apart due to differences over contract terms. On Nov. 3, [...]
SEOUL, April 12 (Korea Bizwire) – Hyundai Motor Group, the world’s No. 5 auto giant, saw its U.S. sales of luxury sedans more than double on-year in the first quarter, industry data showed Sunday, setting a record-high quarterly share in the segment. The combined sales of Hyundai Motor‘s premium Genesis and Equus, and Kia Motors‘s K9 in [...]