Most Popular
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Yoon apologizes for first lady Dior bag scandal, calls push for special probe ‘political’
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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South Korea open to Indonesian proposal to cut KF-21 payments
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Korea forecast to overtake Taiwan in chip production by 2032: report
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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
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Coupang earnings hit hard by losses from ailing Farfetch
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[K-pop’s dilemma] Time, profit pressures work against originality
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Why femicide and dating violence are growing issues in S. Korea
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[K-pop’s dilemma] Can K-pop break free from ‘fandom’ model?
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Out on a limb or on to a winner?
GM Daewoo nears completion of overhaul, taking Chevrolet brandThe extensive overhaul of branding and sales network at GM Daewoo Auto and Technology Co. is nearing its final stages, with all related procedures due to be completed by the end of the first quarter.The Korean unit of General Motors announced last month that it will remove the badge of “Daewoo” from its company name and new domestic rel
Feb. 6, 2011
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Volkswagen, Porsche, BMW feel pinch of tight supplies
Volkswagen AG, Porsche SE and Bayerische Motoren Werke AG are feeling the pinch of tight component supplies as parts-makers struggle to keep pace with resurgent vehicle demand.Volkswagen, Europe’s biggest automaker, will halt production at its main factory in Wolfsburg, Germany, on Jan. 31, because of a shortage of engines and other parts. BMW, the world’s biggest luxury-car maker, Porsche and Dai
Jan. 30, 2011
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Hyundai introduces hybrid bus
Hyundai Motor Co. unveiled the Blue City compress natural gas-electric hybrid bus for the first time on Jan. 25.The vehicle is fitted with a 240-brake horsepower engine ― running on compressed natural gas ― and a 60 kilowatt or 80 brake horsepower electric motor powered by a 3.8 kilowatt hour lithium polymer battery pack. Blue CityAccording to the company the Blue City is able to travel 340 kilom
Jan. 30, 2011
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Test drive Kia Morning for Valentine’s
Kia Motors Corp. is offering a chance to test drive the city car Morning for four days from Feb. 12 to 15.The event is open to anyone with a valid driver’s license over the age of 21, and applications can be submitted on the company’s website at www.kia.co.kr.The company will announce 50 successful applicants on the website from Feb. 10. Those selected for the event will also be given mobile coupo
Jan. 30, 2011
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Renault Samsung offers discount on service
Renault Samsung Motors Co. is offering a 20 percent discount on mechanics fees and selected parts until Feb. 18.During the period, those replacing engine oils, batteries, anti-freeze fluid and brake pads will be able to receive services at the discount rates at the 448 directly-operated and associated service centers across the country. The offer is available for all Renault Samsung vehicles. For
Jan. 30, 2011
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Ferrari likely to unveil station wagon
GENEVA (DPA) ― Ferrari is apparently planning to unveil at the Geneva Motor Show in March a Shooting Brake station wagon concept car based on the 612 Scaglietti, after spy shots of a car were revealed recently.The Italians could be testing the market for cars that could compete against the likes of the Porsche Panamera or other luxury sports utility vehicles, fitted with a V12 engine of some 540 h
Jan. 30, 2011
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BMW dominates large bike market
Three of last year’s top five bestselling motorcycles with larger than 500 cubic centimeter engine displacement, excluding scooters, were BMW vehicles, BMW Korea announced Thursday.According to industry data, BMW’s S1000RR topped the list with 129 units sold last year. The BMW R1200GS came in third with 104 units, while the R1200RT came in fifth with 83 units. S1000RRThe second bestselling motorcy
Jan. 30, 2011
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Volkswagen revives plan for fuel-thrifty car
BERLIN (DPA) ― Volkswagen, Europe’s biggest carmaker, has brought plans for a fuel-thrifty car out of abeyance and will display an ultra-light hybrid car at the Qatar Motor Show at the end of this month, according to a German magazine.Volkswagen has spoken for years of making a car that can travel 100 kilometers on just 1 litre of fuel, but has never put one on sale. The magazine Wirtschaftswoche
Jan. 30, 2011
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The tricycle that roared ― world’s first car weighed-in 125 years ago
STUTTGART, Germany (DPA) ― It is not the most handsome, the most valuable or the fastest of its kind but it does have a very special distinction.The frail-looking patent motor vehicle in the style of a tricycle which burst on the scene in Germany 125 years ago is regarded as the world’s very first automobile.Replicas of the pioneering three-wheeler submitted to the German Imperial Patent Office on
Jan. 30, 2011
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Tata looks at selling Nano in Asia
Tata Motors Ltd. may expand sales of the Nano, the world’s cheapest car, to countries such as Thailand, Sri Lanka and Bangladesh as early as this year as demand for the egg-shaped vehicle rebounds in India.“We will go after these markets one after another,” Tata chief executive officer Carl-Peter Forster said Thursday at an auto-industry event in Bochum, Germany. Tata Motors Ltd. Nano vehicles ar
Jan. 30, 2011
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Prices turn drivers away from hybrids
Despite the hype from carmakers and the government’s drive to popularize eco-friendly vehicles, South Korean motorists remain lukewarm toward hybrid electric vehicles.According to industry statistics, less than 8,700 hybrid electric vehicles were sold here in 2010, accounting for less than 0.56 percent of the overall market. Of the 11 hybrid electric models available in Korea, Hyundai Motor Co.’s
Jan. 24, 2011
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Daimler launches new cargo truck
Daimler Truck Korea launched the cargo truck Actros on the local market Thursday. With the new truck, Mercedes-Benz is entering the country’s market for large cargo trucks, which accounts for about 60 percent of large truck sales, for the first time. ActrosThe truck is equipped with a V6 engine that puts out 476 brake horsepower, and has been designed for use in various functions including transpo
Jan. 23, 2011
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Mitsubishi plans 8 eco-friendly cars by 2015-16
TOKYO (DPA) ― Mitsubishi Motors Corp. plans to launch eight models of electric cars and plug-in hybrids by the financial year that ends in March 2016, the Japanese carmaker said Thursday.The strategy includes the introduction of hybrid vehicles in the 2013-14 financial year, said Mitsubishi, which produces an electric hatchback but has yet to introduce hybrid models.It plans to also expand its lin
Jan. 23, 2011
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Subaru launches 2011 Forester
Subaru Korea launched the 2011 Forester compact sport utility vehicle on the local market last Monday.In addition to the usual upgrades seen in model year changes, the new Forester is fitted with the third-generation Boxer engine. 2011 ForesterIn Subaru’s Boxer engine, the pistons are arranged and move horizontally, as opposed to the up and down movement of an inline engine, which according to the
Jan. 23, 2011
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Lexus showroom opens in Ilsan
Chunwoo Motors, Toyota Korea’s Lexus dealer for the Yongsan area of Seoul, opened a Lexus showroom in Ilsan-gu, Goyang in Gyeonggi Province on Thursday.The company said that the new showroom will strengthen its sales network in northern Gyeonggi Province including Ilsan and Paju. The showroom is located on the ground floor of a three-story building that includes office space, and a service stall t
Jan. 23, 2011
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Hyundai, Kia’s swap between overseas
Hyundai Motors Co. will shuffle production of two models between its Czech factory and a plant operated in neighboring Slovakia by the carmaker’s affiliate, Kia Motors Corp.The factory near Zilina, Northern Slovakia, will take over production of Kia Venga compact cars, which are currently assembled in the Czech Republic, according to Dusan Dvorak, spokesman for the unit. Similarly, production of H
Jan. 23, 2011
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Renault Samsung offers free Seolnal checkup
Renault Samsung Motors Co. will be operating vehicle checkup points at 14 rest stops on expressways from Feb. 1 to 6 between 9 a.m. and 5 p.m. for those traveling during the Seolnal, Lunar New Year, holiday.The checkup points offer general checkups free of charge, and replacements for various parts and components. Mechanics stationed at the checkup points will also provide tips on vehicle maintena
Jan. 23, 2011
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Hyundai ups ante with new Grandeur
By Choi He-suk The latest version of Hyundai Motor Co.’s perennial bestseller Grandeur was unveiled on Thursday, completing the revamping of domestic firms’ upper-midsized sedans.In line with the company’s recent policy of listing imported vehicles as the main competition, Hyundai is eying a number of the world’s best-known models in the segment, including the Mercedes Benz E Class, BMW 5 Series a
Jan. 17, 2011
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Automobile recalls in S. Korea soar in 2010
Automobile recalls in South Korea spiked in 2010 because of tighter safety-related regulatory control and monitoring, a government report showed Monday. According to the report by the Ministry of Land, Transport and Maritime Affairs, 270,000 vehicles of 87 locally made and imported models were recalled last year, up 110,000 units from a year earlier. The total number of vehicle models recalled
Jan. 17, 2011
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BMW trumps Daimler in Europe sales as VW’s Audi keeps top spot
Volkswagen AG’s Audi unit defended its top spot in luxury-car sales in Europe last year while Bayerische Motoren Werke AG’s main brand captured second place from Daimler AG’s Mercedes-Benz as demand for premium cars revived. New registrations for BMWs rose 6.5 percent last year to 609,196, the fastest pace among the three brands, exceeding Mercedes’s 586,146, while Audi stayed on top with sales of
Jan. 16, 2011