SEOUL, Feb. 19 (Korea Bizwire) — Renault S.A. will join forces with South Korean businesses and researchers to develop autonomous driving technology, with an aim to apply the knowhow to the French carmaker’s electric vehicles, the trade ministry said Tuesday. In a business meeting attended by government officials from the two countries in Seoul, the [...]
SEOUL, Nov. 23 (Korea Bizwire) — Renault S.A.’s first vehicle test center for the Asia-Pacific region has opened in Daegu, South Korea. Renault will hold an opening ceremony for the center on Friday and begin operations. The Renault vehicle test center will be responsible for testing the reliability of new vehicles before they are exported [...]
SEOUL, Nov. 22 (Korea Bizwire) — French carmaker Renault S.A. has asked South Korean steelmaker POSCO to enter Morocco and supply automotive steel, a person familiar with the issue said Thursday. Renault made the offer to the world’s fifth-largest steelmaker by output in early 2017 as part of its strategy to diversify its sources of [...]
SEOUL, July 11 (Korea Bizwire) – The Volkswagen scandal has withered the general reputation of German automakers in Korea. Nonetheless, domestic demand for imported vehicles continues to rise. Surprisingly, Volkswagen’s Tiguan 2.0 TDI BlueMotion claimed the number one spot as the best-selling foreign car according to the KAIDA (Korea Automobile Importers and Distributions Association). The [...]
SEOUL, April 13 (Korea Bizwire) — Renault Samsung Motor, the local unit of French automaker Renault S. A., saw its profit surge last year thanks to strong sales of cars at home and abroad, a result that far outperformed GM Korea, its larger rival operating in South Korea, data showed Monday. In a regulatory filing, Renault [...]