South Korean buyers hoping to stomp on the throttle to hear the thundering V8 of the Chevrolet C7 Corvette have reason to be a little depressed, it seems. The South Korean government has no interest in hearing the 'Vettes angry growl. We're afraid it's just too darn loud.
Hyundai's controversial decision last September to move its Korean headquarters to an expansive (and expensive) new facility was met with a swift backlash by shareholders. After making the biggest land purchase in South Korean history, the company's share price took a nine-point nose dive.
The Toyota Prius is the undisputed king of the hybrid market, but Hyundai and Kia are hoping to challenge its reign in the coming years with their own dedicated model. However, in all likelihood this is the same technology being shared between them. "We will take the lead in the future by raising the competitiveness of our environment-friendly cars like hybrid-only cars, plug-in hybrid cars and fuel cell hydrogen cars," Hyundai Motor CEO Kim Choong-ho said to Reuters, during the launch of anothe
Every time we see a display from SsangYong, Korea's fourth-largest automaker, we're startled at the pace with which it is upping its game. Just a few short years ago, its show stands were littered with discordant designs that bordered on the comical – the original Rodius and Korando still have us biting our tongues. But now look at them – the XIV-Adventure (above) and XIV-Air concept (below) may not be design standouts, but they are perfectly contemporary, with some interesting detai
Here in North America, Hyundai has been historically known as a purveyor of affordable, content-laden everyday cars and crossovers. More recently, it's also been pushing upmarket and attempting to gain respect for its sporting joneses. In other parts of the world, however, the Korean automaker is a major force in commercial vehicles, providing everything from chassis cabs and dump trucks to fullsize motor coaches. Now, it's looking to push further overseas, squarely into Europe's already mature
Doing things Gangnam style apparently costs a serious chunk of change, because Hyundai is reportedly paying roughly $10 billion for 19.6 acres (79,342 square meters) of land in the trendy district of Seoul, South Korea, to serve as the location for its new headquarters. That eye-popping number represents the highest amount ever paid for a plot of land in South Korea, according to Reuters. The hefty price tag reportedly scared investors enough for stock prices to sink dramatically.
After a valiant effort, Indian automaker Mahindra eventually had to give up its attempt to bring a small, cheap pickup truck to the United States, but it hasn't completely given up. Korean automaker Ssangyong, which Mahindra controls, might have a confusing name, but it's taking the first, tentative steps toward bringing its inexpensive SUVs across the Pacific.
Korea is not without its domestic automobiles that would be suitable for transporting a visiting head of state: the Hyundai Equus comes to mind. Failing that, a Genesis sedan would do the trick. Maybe even a Kia K900 or a Renault Samsung SM7. But those familiar with Pope Francis and his taste in transportation won't be surprised that His Holiness has chosen something decidedly more modest for his visit to South Korea.
The ridesharing service Uber promises to connect people needing a lift with drivers offering one, and it appears to be pretty useful. After all, you can use it to summon Optimus Prime. For many cab drivers around the world, though, the app is basically the bane of their existence. The French passed a law mandating wait times before pickups in January, and 30,000 European cabbies staged a mass protest in June. The latest group hoping to ban Uber is the government of Seoul, South Korea.
Think the UAW is the only labor union that's angling to give General Motors headaches in the near term? Guess again. GM employees in South Korea's highly unionized and strike-happy workforce have officially approved a strike action against the automaker as labor talks are set to begin.
South Korea has emerged as a global powerhouse in the automotive industry. It's home not only to Hyundai and Kia, but General Motors (having taken over Daewoo), SsangYong and Renault Samsung Motors also make cars there. Unfortunately not a one of them makes a serious sports car. But that's where the Oullim Spirra comes in.
There are many things we love here at Autoblog, but one of the quirkiest is the mid-engined hot hatch, whether it's the Renaultsport Clio V6 or the Volkswagen GTI W12-650 concept. Unfortunately, we can never seem to get our hands on one – the former never having made the transatlantic journey and the latter remained strictly a concept. And now we've got one more to salivate over.
Never heard of the Hyundai Grandeur? That's alright, because that's just the name the model uses domestically. Over here it's known as the Azera, but it's back in Korea where Hyundai has revealed a revised version of what is currently the company's largest front-drive sedan.
The global automotive market will continue to surge into the start of the next decade, according to a new report from IHS Automotive. The analytical firm is reporting that global annual production will increase by 21 million units by 2021. Global production has already seen a 25-million-unit increase since the dark days of 2009.
We've seen the spy shots. We've seen the teasers. We've even seen the finished product uncovered in its home market. But now Hyundai has officially taken the wraps off its new Sonata, consistently one of its top sellers in North America that was surpassed only recently in the sales charts by the smaller, cheaper and slightly newer Elantra. It's Hyundai's challenger to the likes of the Toyota Camry, Honda Accord, Nissan Altima, Ford Fusion et al, which makes it a vital debut not only for Hyundai
Last November, Hyundai announced the resignations of research and development president Kwon Moon-sik and two other R&D executives. At that time, it was said that the executives wished to "take responsibility for a series of quality issues" at the Korean automaker. Kwon Moon-sik had only been in the position for a year, but some of the quality issues thought to have caused the resignations included recalls of the Genesis and other sedans around the world, along with the company's much-public