Volkswagen Stops Sales of Most of Its South Korean Models
Volkswagen’s Korean sales slump just became a sales cliff leading to the Challenger Deep. The embattled automaker suspended sales of most of its models in the Asian country ahead of a environmental...
View ArticleSouth Korea Suspends Sales, Decertifies Most of the Country’s Volkswagen...
Consider it a low point in German-Korean relations. Thanks to the diesel emissions scandal, South Korea just decertified about 68 percent of all Volkswagen, Bentley and Audi vehicles sold in that...
View ArticleNAIAS 2017: 2018 Kia Stinger Revealed in Detroit – Don’t Call It A Four-Door...
Kia uses the more accurate and less offensive term “fastback sports sedan” to describe the new Stinger, unveiled tonight ahead of the 2017 North American International Auto Show. Kia will offer the...
View ArticleEvery Bolt in GM’s First Shipment to Korea was Reserved Within Hours
General Motors began taking pre-orders in South Korea last week for the all-electric Bolt. In under two hours, the entirety of the first shipment was spoken for. By the end of that day, March 17, more...
View ArticleSleazy Presidential Scandal Leads to Restructuring Rumors at Hyundai
Hyundai Motor Group has received added attention from investors this week over expectations that the family-run business could undergo a major reorganization into a public holding, with the same...
View ArticleCompany Whistleblower Behind Latest Recall of 240,000 Hyundai, Kia Vehicles
He lost his job for it, but Kim Gwang-ho, a 25-year Hyundai veteran at the automaker’s Seoul, South Korea facility, knew he needed to speak out. The engineer blew the whistle on his employer, reporting...
View ArticleHyundai’s Newest Crossover Has Hit a Snag
Hyundai, which found itself lagging behind its rivals in the lucrative crossover and SUV market and figured it should do something about it, is having trouble getting its desperately needed subcompact...
View ArticleThe Koreans’ American Battle: In May 2017, Kia Outsold Hyundai for the First...
May 2017 was not a particularly healthy sales month for either of South Korea’s two major automakers in the United States. Including Hyundai’s Genesis spinoff brand, the Hyundai-Kia Automotive Group...
View ArticleThe South Korean Curse: Kia Loses Landmark Wage Dispute With Employees
Seoul Central District Court ruled against Kia Motors on Thursday, ordering the automaker to pay around 420 billion won, or $374 million, in unpaid wages. Kia employees first filed an initial lawsuit...
View ArticleThis North Korea Thing Has Major Implications for Hyundai
Hyundai Motor Co. is squabbling with its Chinese partner, BAIC Motor, over efforts to reduce supplier costs. The automaker has already faced a myriad of problems with its Korean workforce and witnessed...
View ArticleU.S. Attempts to Convince South Korea to ‘Buy American’
Officials from the United States and South Korea held a special session in Washington on Wednesday as part of U.S. Trade Representative Robert Lighthizer’s request to consider amending the two...
View ArticleMore Korean Crossovers? Ssangyong Isn’t Giving Up on the United States
Hyundai and Kia did it, so why not Ssangyong? The India-owned Korean automaker has been itching to expand its horizons for years, but tentative plans to invade the Chinese car market have fallen victim...
View ArticleHope for Hyundai? China Agrees to Ignore South Korea’s Missiles
When it comes to the positively frosty relationship between China and South Korea, this is the part of the movie where the two countries bump into each other at the bookstore and realize they should...
View ArticleGM Closes Korean Plant Amid Overseas Troubles; Chevrolet Orlando Dies With It
General Motors has announced plans to close one of its four South Korean assembly plants in an effort to stem a tsunami of red ink. As it attempts to stabilize (or cut) unprofitable overseas operations...
View ArticleSouth Korean President Miffed Over GM Plant Closure, Fearful of the Future
South Korean President Moon Jae-in says General Motors’ decision to shut down its Gunsan plant will negatively impact the region. He’s hoping his administration can work some impressive mojo to boost...
View ArticleTwo New Models Coming to Save GM Korea: Report
The home of America’s smallest General Motors vehicles is bleeding sales and cash, forcing the automaker into harsh measures in an attempt to save its South Korean operation. Many fear last week’s...
View ArticleThe Cost of Saving GM Korea? $2.8 billion, Report Claims
Amid frantic restructuring designed to keep General Motors’ money-losing Korean operations afloat, the automaker has proposed a $2.8 billion investment, a new report claims. According to Reuters, a...
View ArticleTake the Cash, Hit the Bricks: Nearly 2,500 Korean Workers Opt for GM’s...
Union officials have stated that roughly 2,500 workers from General Motors’ South Korean unit have applied for a redundancy package offered as part of the automaker’s comprehensive restructuring of the...
View ArticleGM Korea Threatens Bankruptcy If Union Doesn’t Budge
South Korea’s powerful labor unions have the ability to make vehicle assembly a non-starter, and the country’s workers have been known to strike like it’s going out of style. Just ask Hyundai about...
View ArticleU.S., South Korea Reach Trade Deal; No Korean-built Hyundai Pickups in...
The United States and South Korea reached a free trade agreement on Monday that spared the Asian country from punitive steel tariffs, assuming Seoul keeps an eye on just how much steel it sends to...
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