Vince Courtenay


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

GM China JV Not Big on Beijing Auto Show Buzz
There is not a single local or global debut from Buick, Cadillac or Chevrolet at the Beijing auto show whose 9-day run closes Wednesday. The only all-new entry on display is the Baojun 310 subcompact hatchback.
GM Korea Targets Top of Charts With New Malibu
The automaker is looking for the revamped sedan to challenge the Hyundai Sonata for supremacy in one of Korea’s hottest and most competitive segments.
Hyundai Unveils Verna Concept at Beijing Auto Show
The Verna will launch in China and Korea toward the end of the year, followed by its release in India either this year or early in 2017.
Ssangyong Readies Tivoli Air Assault on China Market
After its successful late-March debut in Korea and some foreign markets, Ssangyong will launch the new model following its China debut at the Beijing Motor Show.
Tivoli Air Giving Embattled Ssangyong Breathing Room
For the first quarter, 17,354 units of all Tivoli models, including the Tivoli Air (XLV and XLV Air in export markets) were sold globally, up 23.3% from like-2015. The Tivoli brand accounted for 48.4% of Ssangyong’s 33,666 worldwide LV sales in the quarter.
From Russia With Loss: Pullout Hits GM Korea Hard
Abandoning the European market in 2013 at the time was seen as an eventual financial benefit, but the move was negated by the cost of last year’s Russian pullout.
Union Miffed as GM Korea Shoots for Impala, Misses
GM Korea contends ex-CEO Sergio Rocha never made a concrete promise to bring Impala production to the country if annual sales hit 10,000 units and, moreover, that total would be insufficient for a newly launched vehicle to generate a profit.
Hyundai’s Chinese JV Regains Sales Ground in March
For the month, BHMC sold 100,549 vehicles, soaring 88.9% over the dismal February total of 53,226, when sales were down 17% year-on-year. Hyundai’s own China sales had fallen even further, backsliding 28% in January.
Expectations High at GM Korea for Revamped Captiva CUV
The Captiva is expected to be the chief driver of increasing sales this year, leading the company’s charge to boost full-year domestic deliveries 20% in 2016.
Hyundai Exec, Korea President Tour EV Factory 1
Hyundai Vice Chairman Chung Eui-Sun had been billed as a key presenter at the EV Expo, but changed plans to show Korean President Park Guen-hye how the all-electric Ioniq is produced at the automaker’s Asan plant.
Korea License Allows Hyundai Genesis to Go It Alone
The 5-year government license allows testing engineers from the Hyundai-Kia Namyang Technical Center to operate the vehicle for testing purposes on a 25-mile stretch of public road in Seoul.
Renault Samsung Gets First Korean CEO as Provost Heads for China
Donghoon Park, a one-time Volkswagen executive, takes the helm at the Korean automaker.
Korea’s Ssangyong May Be Headed for U.S. Market
Although Pawan Goenka, head of global auto operations for parent Mahindra & Mahindra, seems to favor China, CEO Choi Johng-sik says Ssangyong plans to enter the U.S. market when it launches the SIV-2, a B-segment CUV.
Hyundai’s Colossal Global Business Center a Go 2
The project is anchored by the 105-story Hyundai Tower housing Hyundai Motor, Kia Motor, Hyundai Mobis and principal affiliated companies’ key business operations. Connected to the tower will be a 40-story, 265-room superluxury hotel and office complex.
Hyundai to Show Full Range of Ioniq at Geneva
The global sales target for the EV version has not been revealed, but Hyundai reportedly is eyeing volume of just 4,000 units this year in Korea.

May 5, 2016

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