SEOUL, Oct. 20 (Korea Bizwire) — French carmaker Renault S.A. has named a finance expert as the chief executive of its South Korean operations, the caremaker said Friday. Renault Samsung Motors Corp.’s current CEO Park Dong-hoon will step down on Oct. 31 for “personal reasons,” and Dominique Edmond Pierre Signora will take the helm at [...]
SEOUL, Sept. 11 (Korea Bizwire) – Renault Samsung Motors Corp. has launched an upgraded SM5 sedan but didn’t raise the price in order to boost sales, the company said Monday. The SM5 midsize sedan powered by a 2.0-liter gasoline engine has been a long-running best seller for the South Korean unit of French carmaker Renault [...]
INCHEON, Sept. 7 (Korea Bizwire) – Renault Samsung Motors Corp., the South Korean unit of French carmaker Renault S.A., has added the gasoline version of its flagship QM6 SUV to its domestic lineup, a move to boost sales, the company said Thursday. The 2.0-liter gasoline-powered QM6 went on sale in the domestic market Friday, with [...]
SEOUL, Sept. 5 (Korea Bizwire) — Pizza chain Mr. Pizza announced on September 4 that its locations in Pyeongtaek, Bangbae, Pangyo and Changdong will begin delivering pizza using Renault Samsung’s one-seater Twizy. The electric car is one third the size of a standard sedan and is considered to be a far safer ride than the [...]
SEOUL, Jul. 26 (Korea Bizewire) — Renault Samsung Motors Corp. on Wednesday unveiled the upgraded QM3 subcompact SUV to better compete with rivals in the heavily contested local crossover vehicle market. In South Korea, five carmakers that have plants here — Hyundai Motor Co., Kia Motors Corp., Renault Samsung, GM Korea Co. and SsangYong Motor [...]
SEOUL, Jun. 28 (Korea Bizwire) — A range of ultra-small electric vehicles (EVs) are poised to hit the South Korean market amid growing consumer interest in eco-friendly cars that can be bought cheap with state subsidies, industry sources said Wednesday. Renault Samsung Motors Corp., the South Korean unit of French carmaker Renault S.A., and local [...]
SEOUL, Feb. 2 (Korea Bizwire) – General Motors Co. and Tesla Motors Inc. are poised to debut their long-range electric vehicles (EVs) in South Korea this year in a move that could help galvanize the budding local EV market dominated by short-range models, industry sources said Thursday. GM Korea Co., GM’s South Korean unit, is [...]
SEOUL, Jan. 18 (Korea Bizwire) – Renault Samsung Motors Co., the local unit of French automaker Renault S.A., aims to sell some 270,000 units this year, its chief said Wednesday. Last year, the carmaker’s global sales jumped 12 percent from the previous year to 257,345, on a sharp increase in domestic sales. The sales tally [...]
SEOUL, Dec. 14 (Korea Bizwire) – French pop artist and fashion designer Jean Charles de Castelbajac graced the stage for a special event hosted by Renault Samsung on Wednesday, during which he painted yellow, red, and blue, and a guardian angel on the bonnet of an SM6, the company’s latest sedan. The event, dubbed “SM6 [...]
SEOUL, Dec. 5 (Korea Bizwire) – The Chevrolet Malibu and SM6 midsize sedans have been named safest cars of the year in an annual government safety assessment of new cars launched in South Korea, the transportation ministry said Monday. Both the Chevrolet Malibu and the SM6 received the highest points of 92.1 in the government [...]