SEOUL, Aug. 1 (Korea Bizwire) — With European authorities set to look into allegations of collusion involving a number of German carmakers, one South Korean lawyer has urged the government to follow suit to protect South Korean consumers. Ha Jong-sun, from the firm Barun Law, told the press on Monday that he had submitted a [...]
SEOUL, Jun. 7 (Korea Bizwire) — A Seoul court has ruled against dozens of South Koreans who sued the local unit of German carmaker Volkswagen for infringing on their right to health by rigging emissions data, officials said Tuesday. The Seoul Central District Court said that there is not sufficient evidence to corroborate the plaintiffs’ [...]
SEOUL, Jun. 7 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Tuesday it has hired Volkswagen China’s design director Simon Loasby in its latest efforts to better appeal to Chinese customers in the world’s largest auto market. The 49-year-old is set to join as executive director and head of Hyundai [...]
SEOUL, May 22 (Korea Bizwire) — German carmakers BMW and Mercedes-Benz sold more vehicles in South Korea in the January-April period compared to Japan, an industry association said Sunday. Vehicle sales by BMW and Mercedes-Benz jumped 48 percent and 32 percent year-on-year, respectively, to 18,115 and 24,877 units in the Korean market during the first [...]
SEOUL, May 18 (Korea Bizwire) – Audi Volkswagen Korea is expected to restart sales of its Audi models soon after months of suspension following emissions and certification scandals, auto industry officials said Thursday. The local unit of the German carmaker has already begun sales of the top luxury Bentley line this month, including the newly [...]
SEOUL, May 11 (Korea Bizwire) – BMW was the most popular foreign car maker in South Korea during the month of April, knocking Mercedes-Benz from its perch as sales leader for the first time. According to figures released by the Korea Automobile Importers & Distributors Association (KAIDA) yesterday, BMW sold 6,334 vehicles in April, amounting to [...]
SEOUL, April 10 (Korea Bizwire) – South Korea sent back 2,500 vehicles manufactured by Audi and Volkswagen in line with the government’s sales ban following the German carmakers’ emissions scandal last year, industry sources said Monday. According to the sources, the automobiles, including Tiguan and Golf models, have been held at a port in Pyeongtaek, [...]
SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s Samsung SDI Co. will supply its electric-vehicle batteries to Volkswagen’s new 2017 e-Golf, an industry source said Wednesday. “The new e-Golf equipped with a Samsung battery will go on sale in global markets this spring,” the source told Yonhap News Agency. Samsung SDI and LG Chem Ltd. [...]
SEOUL, Feb. 24 (Korea Bizwire) – A Seoul court on Friday held the first hearing on a compensation suit filed by hundreds of South Korean customers against German carmaker Volkswagen over vehicles with manipulated emissions data. During the hearing held at the Seoul Central District Court, a total of 259 plaintiffs demanded the cancellation of [...]
SEOUL, Feb. 21 (Korea Bizwire) – Audi Volkswagen Korea has finally come up with a solution to save itself from plunging consumer confidence – an 871-dollar (1 million won) voucher to each of its car owners as part of a program rather ironically dubbed the “We Care Campaign” – the first compensation of any kind [...]