Vince Courtenay


Vince covers South Korea and other markets in the Asia/Pacific region.

Restructuring May Be in Works for Hyundai Motor
South Korea’s National Assembly is pressuring Hyundai and other family-controlled company groups to reorganize into regulated, transparent business organizations with greater shareholder control and responsibility.
Koreans Snap Up First Imported Bolt EVs in 2 Hours
The Bolt will highlight GM Korea’s offerings at the Seoul auto show, where it will take its first bow as a pure EV that is available for sale to consumers.
GM Korea Hopes Chevy Bolt Will Strike Down Bad News
Despite the rash of problems and negative publicity in the first few months of 2017, GM Korea remains confident about meeting its record domestic-sales target of 194,000 vehicles.
No Subsidies No Deterrent as Tesla Arrives in Korea
Tesla has not been able to persuade the government to reconsider the uniqueness of its larger, longer-range EVs and the charging requirements for their high-capacity batteries. Subsidies instead are going to smaller EVs using slower chargers.
Hyundai Provides FCEVs to Korean Car-Sharing Startup
In addition to 15 FCEVs, Hyundai also is supplying J’Car with a mixed fleet of 27 battery-powered Ioniq and Kia Soul battery-electric vehicles.
Managing Dieselgate Tops New Audi VW CEO’s Agenda 1
Analysts believe Audi VW Korea’s legal response to the false-advertising fine is only the tip of the iceberg. Co-CEO Marcus Hellman and his company’s lawyers also must defend several current and former executives against criminal indictments.
Ssangyong Teases XAVL Concept Ahead of Geneva
While it is just a concept for now, if the XAVL went into production it would be “larger than the compact Korando SUV and a little smaller than the midsize Rexton SUV,” a spokesman says.
Hyundai Enters Kona in Domestic Subcompact CUV Race
Although Hyundai’s joint venture in China and its subsidiary in India both produce subcompact CUVs, the automaker until now has not built or marketed one in Korea.
Audi, VW Korea Offer Goodwill Service Vouchers
The “We Care” voucher campaign affects neither the current recall of 27,000 VW Tiguan models in Korea, nor future recalls that will be made to correct emissions-control or noise, vibration and harshness problems in 80 Audi and VW models.
Chinese PHEV Battery Deal Has Political Overtones
Some analysts speculate China’s refusal to certify the LG Chem and Samsung SDI battery packs is a response to South Korea’s decision to deploy the U.S.-built Terminal High-Altitude Aerial Defense missile system to guard the country against attacks by China.
Hyundai Lures GM Expert to Lead Autonomous Work
Hyundai recruits Jinwoo Lee, GM’s chief researcher on self-driving cars, news the Korean automaker kept under wraps until he began his new duties Feb. 13.
GM Korea CEO Defending U.S.-Korea Free-Trade Deal
GM Korea President and CEO James Kim says the Korean government and industries must persuade the Trump Admin. to maintain the Korea-U.S. free-trade pact and develop ways to attract more investment from the U.S.
Going Rogue Paid Off for Renault Samsung in 2016
The automaker reported 2016 global sales of 257,345 vehicles, up 12% year-on-year, aided by the introduction of the homegrown QM6 midsize SUV, and contract production of the Nissan Rogue compact CUV for export to the U.S. and Canada.
Mercedes-Benz Beefing Up Thriving Korean Operations
CEO Dimitris Psillakis says the 200 billion-won investment is earmarked for construction of eight new sales outlets and seven new service centers across Korea, bringing the totals to 50 and 55, respectively.
Parent Company Freezes Hyundai, Kia Managers’ Wages
The freeze applies to the salaries of some 35,000 managers, deputy general managers and general managers at automakers Hyundai and Kia and more than 50 affiliated companies.


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