SEOUL, Sept. 9 (Korea Bizwire) — Consumers are coming up with a new checklist for purchasing new cars as car-camping continues to grow in popularity. Innocean Worldwide Inc., a major South Korean advertising agency, reported on Tuesday that following the introduction of a new policy in February allowing the conversion of all automobiles to so-called [...]
INCHEON, Sept. 1 (Korea Bizwire) — South Korea’s amended Automobile Management Act, known colloquially as the Korean lemon law, which took effect in December 2018, appears to have long way to go to be settled down. Some critics point out that the law is only loosely enforced, especially given that there are still a number [...]
CHUNCHEON, Aug. 1 (Korea Bizwire) — Smart unmanned speed control equipment, which can monitor several lanes at once with a single camera, will be operated in Gangwon Province. The Gangwon Provincial Police Agency (GPPA) reported that it will operate radar-based unmanned speed control cameras, which are different from the existing lane-based cameras, starting in August. [...]
SEOUL, Mar. 18 (Korea Bizwire) — Diesel cars, known to be one of the major causes of air pollution, comprised nearly half of all automobiles driven in South Korea last year. The Korea Transportation Safety Authority announced last Friday that cars in South Korea covered a total distance of 327.1 billion kilometers last year, an [...]
SEOUL, Feb. 7 (Korea Bizwire) — A recent study has revealed that South Korean customers typically prefer white cars, and tend to purchase vehicles painted in achromatic tones. Axalta Coating Systems Ltd, a multinational coatings provider, said that one out of three vehicles sold in South Korea was white, followed by gray (21 percent), black [...]
SEOUL, Jan. 6 (Korea Bizwire) — The number of sport utility vehicles (SUVs) sold in South Korea in 2018 shot up 12.7 percent on-year — growing faster than any other type of automobile — to hit a record-high level, data showed Sunday. According to the data based on figures from five South Korean car manufacturers, [...]
SEOUL, April 26 (Korea Bizwire) – South Korea is not likely to regain its status as the world’s fifth-largest automaker, as India has been increasing the production of vehicles at a rapid pace, an industry report said Wednesday. South Korea was the fifth-largest producer for 11 years from 2005 until 2015 before slipping to the [...]
SEOUL, Feb. 22 (Korea Bizwire) – Korea’s largest automotive event, the Seoul Motor Show, will run from March 31 to April 9, but is likely to be a disappointment for the legions of local car fanatics. According to the organizing committee, nine local and 18 overseas car brands will participate in this year’s show, which [...]
SEJONG, Feb. 14 (Korea Bizwire) – Korean vehicle classification, which previously fell into categories such as small, medium or full-sized according to engine displacement and size, will undergo changes for the first time in 30 years. Technological advancements have brought new and diverse cars into the market, such as eco-friendly cars and micro compact cars, [...]
SEOUL, Jan. 17 (Korea Bizwire) – The number of registered vehicles in South Korea continued to grow, nearing 22 million in 2016, the government said Tuesday. Car registrations came to 21,803,351 units as of end-2016, up 3.9 percent or some 813,000 from a year earlier, according to the Ministry of Land, Infrastructure and Transport. The [...]