Vince Courtenay


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

Kia, Union Reach Tentative Contract Agreement
Industry sources say Kia has lost production of 64,000 vehicles valued at 2.1 trillion won. Hyundai, which has double the production capacity of Kia in Korea, lost almost exactly twice as many builds: 130,000 vehicles valued at 3.1 trillion won.
Top Brass at Hyundai Motor Group Take 10% Pay Cut 1
“The voluntary pay cut is effective this month for an unspecified duration,” a spokesman tells WardsAuto. Participating are executives at Hyundai Motor, Kia Motors and more than 50 major affiliated companies within the Hyundai Group.
Hyundai Keeps Faith in Azera’s U.S. Prospects
At best a tepid seller in the U.S., Hyundai offers no clues to its Azera export plan, but does not want to pull the marque from the U.S. or its other established overseas markets.
Bolt EV Bound for Korean Market, GM Korea Exec Says
GM Korea President and CEO James Kim says Korean customers had expected the Bolt to be offered locally, although a spokesman for the automaker earlier this week said GM only was “studying” whether to offer the EV there.
Hyundai, Union Reach New Tentative Wage Pact
Voting is under way on the new proposed contract that is only slightly more lucrative than the one workers rejected overwhelmingly in August.
Typhoon Hits Hyundai Amid Stormy Labor Negotiations
Hyundai downplays the seriousness of flooding and storm damage at its Ulsan plants, saying only that the typhoon has temporarily halted production. Workers say nature is taking the strike action they have suspended, at least temporarily.
Hyundai Workers Resume Partial Strike as Talks Stall
Korean Metal Workers Union sources say strike action likely will continue next week under the direction of Hyundai Div. President Park Yoo-ki. It is unclear if the Korean government will order the union to immediately end its strike action.
Hyundai Strike Testing Korean Government’s Patience
Cabinet ministers meeting Wednesday in an emergency session announced they may issue a mediation order requiring the union to immediately stop the walkouts, a legal intervention that has not been applied in the auto industry in 23 years.
GM Korea, Online Site Join in Bid to Market Aveo
GM Korea notes the joint promotion with the Auction online shopping site won’t be followed by offering more models, but is a special promotion to help bring the new Aveo to the attention of potential women buyers ages 30-40.
Hyundai Hit By Daylong Strike Over Wage Impasse
The Hyundai workers’ union says management has failed to make an offer that improves the terms contained in a tentative wage package that was reached Aug. 24, but was rejected by 78% of the workers.
Hyundai’s ‘Hot Hatch’ Ads Too Hot for Some Koreans
Korean media reports say the ads are being criticized for what some claim is the exploitation of women.
Korean Prosecutors Question VW Exec Over Dieselgate
Prosecutors questioned Detlef Stendel, the emissions-certification manager at Volkswagen’s German headquarters since 2004, about whether the automaker instructed executives in Korea to install emissions-cheating software in VW diesel engines.
Hyundai Hit by New Round of Partial Strikes in Korea
The 14 partial strikes at Hyundai reportedly have caused production losses of 65,500 vehicles valued at 1.47 trillion won. The automaker’s labor troubles in Korea are mitigated by the performance of its overseas plants.
Hyundai Providing Tucson FCEVs for Korea, Australia
The paucity of recharge stations still is seen as a major problem, with only 10 available throughout Korea. The government says it will increase the number of stations to 80 by the end of 2020, and to 520 by 2030.
U.S. Exports Focus of Kia’s New Plant in Mexico
The plant was built in Mexico to take advantage of tariff-free access to U.S. and Canadian markets under NAFTA. Spokesmen confirm 80% of production is earmarked for export to the U.S. and Latin America.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


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