Category: Korea

By on November 7, 2012

GM told Reuters that it won’t build the next-generation Chevrolet Cruze in South Korea. Reuters says this is “raising the possibility that GM might shift the assembly to Europe to help boost efficiency at its money-losing unit there.” Read More >

By on November 2, 2012

Hyundai has long been in the top spots of America’s most fuel miserly vehicles. Over night, Hyundai will drop a few rungs down. Audited and found wrong by the EPA, Hyundai and Kia agreed to restate the fuel economy ratings on many of its cars. Cars in showrooms will be relabeled. Customers of more than a million 2011 through 2013 vehicles in the U.S. and Canada will receive debit cards. Read More >

By on October 10, 2012

Pretty much most of the world’s large automakers plan a commercial launch of fuel cell vehicles in 2015, Hyundai even earlier. One of the hot spots could be Scandinavia. At the end of a month-long hydrogen-powered tour through Europe, Toyota, Nissan, Honda and Hyundai signed an agreement to jointly promote fuel cell vehicles in Norway, Sweden, Iceland and Denmark. Read More >

By on August 14, 2012

GM Korea reached a tentative wage agreement with its union, Reuters says. Workers receive a little more money, and a major concession that could have far-reaching consequences for GM’s recovery if it sets a precedence in the rest of GM’s world. Read More >

By on July 20, 2012

Less than a year ago, the Tokyo automotive press corps was summoned to Kyushu, the southernmost of the four main Japanese islands to visit a Nissan plant. Nobody knew why, until Nissan CEO Carlos Ghosn had one of his trademark impromptu outbursts. He called the exchange rate “abnormal,” several times, until everybody got it. He threatened several times that Nissan and most of the Japanese industry would pack up and leave, and delivered an ultimatum: “If six months down the road we are still in this situation, then this will provoke a rethinking of our industrial strategy.” Read More >

By on July 19, 2012

Nissan joins Hyundai and Kia in exporting cars to the U.S. Nissan will make the Rogue SUV at a plant of Alliance partner Renault Samsung Motor. This according to similar reports by Reuters and the Nikkei [sub], both without quoting official sources. Read More >

By on July 5, 2012

At home, GM is at peace with the unions, benefits of having the UAW as a major shareholder. Abroad, GM Europe has been in a low intensity conflict with the European unions that oppose cuts at Opel. Now, a labor conflict flares up in an unexpected part of the world: Korea. Read More >

By on June 22, 2012

Korea’s Samsung, better known for flat panel TVs, Galaxy smart phones and other gadgetry, wants its name removed from cars produced by Renault in Korea. “We want to take our brand ‘Samsung’ out of Renault Samsung since we don’t have anything to do with the car sales,” a Samsung executive told The Korea Herald.

Nothing doing, replied a Renault spokesman: Read More >

By on May 6, 2012

BMW turns more and more into the world’s purveyor of engines. If recent talks are successful, BMW motors could power Hyundai cars. This according to a report in Germany’s industry publication Automobil Produktion.

The magazine reports that Chung Eui-Sun, Vice-Chairman of Hyundai Motor Company and only son of und Hyundai CEO Chung Mong-Koo, has been in Munich to start the talks. Read More >

By on April 4, 2012

Car companies severing ties with Iran are making headlines. After GM’s new partner PSA decided to stop sending parts to Iran, Hyundai “has quietly ended its business dealings with Iran, where it had extensive operations,” says the New York Times. The Times chalks this up as a win for “United Against Nuclear Iran, an American group that has advocated economic sanctions.” UANI keeps a list of companies that still do business with Iran, it also lists companies that have withdrawn from doing so. Hyundai has received a check mark in the “withdrawn” list.

Detroit is looking nervously at that list. Let’s have a look as well. Read More >

By on March 19, 2012

Hyundai’s sister company Kia might want to use some of those hypnotic powers to get badly needed parts. Kia’s U.S. plant in Georgia has been shut down, following a fire at parts supplier Daehan Solution. The West Point, GA, factory makes the Optima sedan, the Sorento SUV, and Hyundai’s Santa Fe SUV. Read More >

By on March 19, 2012

For the first time in recorded history, Hyundai is using true hypnosis to sell a car. Hypnosis expert Peter Powers designed an ”Online Hypnosis Experiment” for the new Hyundai i30. All you need is this computer, headphones, and 15 minutes of your time. Do NOT perform this experiment while at work! Read More >

By on March 3, 2012

Major carmakers around the world had their eyes on Hyundai’s growing muscle for a while. In the business, you call that benchmarking. Now, the benchmarking sensors sound alarm: Hyundai announced yesterday that its February global sales jumped 28 percent from a year earlier. Read More >

By on February 21, 2012

Toyota plans to more than double its exports to South Korea to 20,700 vehicles this year, says The Nikkei [sub]. The cars come from places that used to be import nations for Toyota: The U.S. and Europe. After announcing plans to export U.S.-built cars to South Korea, Toyota now is looking to bringing made-in-Europe cars back to Asia. Read More >

By on February 5, 2012

Hyundai may really, honestly launch its own luxury brand. In a way, at least, perhaps

For years, Hyundai has been going back and forth over on question: Luxury brand or not? Imitate Infiniti? Do it like Lexus? A la Acura? This conundrum produced millions of Google hits, but otherwise led to nothing. Hyundai may finally cave in and do it. Hyundai’s U.S. sales chief Dave Zuchowski told Automotive News [sub] that such a move could be in the offing. Why? Customers are well ahead of Hyundai and already created a new brand called “Genesis.”

Said Zuchowski: Read More >

Recent Comments

  • Lou_BC: @Carlson Fan – My ’68 has 2.75:1 rear end. It buries the speedo needle. It came stock with the...
  • theflyersfan: Inside the Chicago Loop and up Lakeshore Drive rivals any great city in the world. The beauty of the...
  • A Scientist: When I was a teenager in the mid 90’s you could have one of these rolling s-boxes for a case of...
  • Mike Beranek: You should expand your knowledge base, clearly it’s insufficient. The race isn’t in...
  • Mike Beranek: ^^THIS^^ Chicago is FOX’s whipping boy because it makes Illinois a progressive bastion in the...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber