SEOUL, Jan. 27 (Korea Bizwire) — The 2015 Volkswagen Touareg launches on January 26 in the Korean market, where German automobiles are increasingly popular, chipping away at the lion’s share dominated by home-based Hyundai and Kia Motors. Given that Volkswagen’s Tiguan is extremely popular among import models – it grabbed the title of best-selling import car as [...]
SEJONG, Jan. 7 (Korea Bizwire) – The South Korean government has imposed fines on four foreign automakers, including German automaker Audi and Chrysler of the United States, for inflating the fuel efficiency of their vehicles sold here, an official said Wednesday. “The government imposed a fine of between 3 million won and 4 million won (US$2,720-$3,630) [...]
SEOUL, Dec. 3 (Korea Bizwire) – The soaring popularity of Volkswagen’s Tiguan has led to increased resale values for the SUV in the second-hand market. The Tiguan is now the biggest seller among used SUVs, according to SK Encar, Korea’s leading used auto trading company. Until the first half of 2014, the Jeep Wrangler and [...]
SEOUL, Oct. 21 (Korea Bizwire) – The Tiguan manufactured by Volkswagen reportedly has the highest used-car value in the auto market. A boom in its cumulative sales from January to September in 2014 might positively result in a value increase of second-hand Tiguans. According to SK Encar, Korea’s leading used car trading company, the Tiguan [...]