SEOUL, April 29 (Korea Bizwire) — The rankings for sales of imported cars have undergone significant changes this year, with Mercedes-Benz, BMW, Audi, and Volkswagen no longer dominating the market. In the first quarter of this year, Volvo has overtaken Volkswagen to claim the fourth spot, while new players such as Lexus and Porsche are [...]
SEOUL, Oct. 14 (Korea Bizwire) — Porsche Korea on Wednesday unveiled the new Taycan 4S Cross Turismo for Jennie Ruby Jane designed with Jennie, a member of South Korean girl group BLACKPINK. A projector located on the side of the vehicle projects a logo of a cloud designed by Jennie herself. The headrest has been [...]
SEOUL, Nov. 16 (Korea Bizwire) — The Seoul Foundation for Arts and Culture, a cultural foundation affiliated with the Seoul city government, has introduced the ‘Art Ttaereungyi’, a unique take on Seoul’s ubiquitous public bicycles, in collaboration with Porsche Korea. The motif on the bicycle’s frame and fork was inspired by Korean traditional patchwork wrapping [...]
SEOUL, April 22 (Korea Bizwire) — Hankook Tire & Technology Co., the world’s seventh-largest tiremaker by sales, said Thursday it began to supply tires for the Porsche 718 Boxter this year. Hankook Tire has provided the high-performance Ventus S1 evo 3 tires for the sports car since early this year, the company said in a [...]
SEOUL, Oct. 7 (Korea Bizwire) — Hankook Tire & Technology Co., the world’s sixth-largest tiremaker by sales, said Monday it began to supply tires for Porsche’s Cayenne sport utility vehicle in June. Hankook Tire supplies the high-performance Ventus S1 evo 3 SUV tires for the high-performance Cayenne in the form of original equipment (OE) tires, [...]
SEOUL, Aug. 20 (Korea Bizwire) — South Korea will ban domestic sales of eight models of Audi, Volkswagen and Porsche diesel cars for violating emissions regulations, the Ministry of Environment said Tuesday. The ministry said it will also slap fines on Audi Volkswagen Korea and Porsche Korea and seek a prosecution investigation. The ministry’s probe [...]
SEOUL, Nov. 22 (Korea Bizwire) — Porsche, a high-end sports car brand, is at the center of criticism as the company reportedly demonstrated inappropriate behavior not only towards customers, but also towards the South Korean government. Yonhap News TV reported that a Porsche worth over 100 million won (US$ 88,500) stopped due to engine failure, [...]
SEOUL, Nov. 9 (Korea Bizwire) – The local units of Mercedes-Benz, BMW and Porsche have been fined a combined 70.3 billion won (US$63.1 million) for falsifying documents required for government certification that grants them domestic sales, the environment ministry said Thursday. The three foreign automakers were found to have forged certain specifications or types of the vehicles’ parts to make it look as though they meet the local standards, between [...]
SEOUL, Nov. 29 (Korea Bizwire) – The South Korean government said Tuesday it will ban sales of six models by three foreign automakers, accusing them of fabricating reports to win sales approval from the local government. The Ministry of Environment said it detected defects in the certification documents of 10 vehicle models from the local [...]
SEOUL, March 10 (Korea Bizwire) – With restrictions on the accounting of vehicles for business use becoming stricter, the number of imported cars being used as corporate vehicles has dropped to a historic low. Vehicles from brands such as Rolls-Royce, Bentley, Porsche, Jaguar, Lexus, Audi and BMW that were purchased as corporate cars and then [...]