Public outrage mounted when a BMW spokesman said Korean driving habits and congested road conditions also contributed to the 41 engine fires reported since Jan. 1.
BMW's Johann Ebenbichler says the automaker began investigating the engine fires in 2016. He identified the primary cause as a faulty EGR valve cooling device. Angry BMW owners say his statement implied the automaker...
GM Korea has secreted CEO Kazim Kaher in other offices under security watch while protesters occupy his office. He continues to manage the company and is directing efforts to expand production at the underutilized...
The automaker missed a July 3 deadline to comply with a government order to hire 774 contract workers employed by suppliers at its Changwon plant as regular, fulltime GM Korea workers. It faces a fine of 7.7 billion...
Under the proposed partnership, VinFast would acquire GM Korea’s Hanoi plant and produce Chevrolet vehicles under license there. VinFast also would take over all Chevrolet dealerships and sales and service operations...
The new plant, to be owned and operated by the city of Gwangju, reportedly would pay its workers about 40,000,000 won ($36,000) annually, about half the wages paid by Hyundai and Korea’s other domestic automakers.
The new CUV, boasting a range of 236 miles in its high-capacity version and 149 miles in a lower-capacity model, offers a high level of safety features and in-car technologies.
Some analysts believe RSM’s promotion of the new import will enable the automaker’s 5,000-unit sales goal to be hit before the Clio officially goes on sale May 15. Limited availability, not low expectations...
Analysts note it would not be difficult to find a suitor if GM Korea were put up for sale. GM’s joint-venture partner in China, for one, has the financial clout to make such an acquisition.
According to Hyundai China design chief Simon Loasby, the Lafesta exudes the automaker’s “sensuous sportiness” design philosophy and will attract new generations of Chinese buyers.