korea

In 2010, domestic automakers shipped about 7,500 vehicles to Korea, representing less than one percent of its auto market. To add insult to injury, well over half a million Korean cars were sold here. But that could all change, according to Ford CEO Alan Mulally, who told The Detroit News that a ...

Ssangyong is known for building "luxury" SUVs that get universally terrible reviews and make stretch marks look like Monet paintings. This year, the Korean SUV company is taking a stab at a premium CUV. The concept, called the XIV-1, takes design cues from the Range Rover Evoque, and has a ...

Kia has navigated around a potential strike by organized labor in Korea. According to Automotive News, the manufacturer joined GM Korea and Ssangyong Motor Company in reaching agreements with the companies' workers for better pay, pending a "yea" vote by employees. Kia workers successfully ...

The sun may have long since set on the British Empire, but the UK's finest export doesn't appear to be showing any signs of slowing down its global expansion. After setting up studios in Australia, the United States, Russia, China and more – not to mention the countless editions of the ...

As recently as a decade ago, mentioning brands like Hyundai and Prada in the same sentence would have seemed laughable. But today's Hyundai is a very different company with a very different image. And no car could sum up such a transformation more than the Genesis. Two years ago, the Korean ...

General Motors continues to clean up its ledger book, and the latest transaction has GM wiping $1 billion off the table. In Korea, the GM Daewoo Auto & Technology subsidiary, otherwise known as GM Daewoo, plans to pay back the 10-figure debt it owes to its Korean revolving credit facility. The ...

In the event of war, you can't hurl Hyundais at the enemy Former General Motors Chairman Rick Wagner used to talk of "externalities," those uncontrollable factors that he routinely blamed for the humbled automaker's continuing decline. Other industry leaders preferred the term "headwinds," but ...

The Detroit News reports that the U.S. government and South Korea are working to finalize a free trade deal in advance of the November 11 G20 summit in Seoul. The two countries already came to an agreement back in 2007, but the Bush administration didn't submit the pact to Congress for approval. ...

The powers-that-be in the States are working on getting the go-ahead for a free trade agreement, like NAFTA, but this time with South Korea. The agreement itself was signed and sealed in 2007, but it hasn't actually gone into effect yet because Congress won't approve it, and that's because of two ...

The cars aren't the only thing that move fast in Formula One; everything's on an accelerated scale, even the calendar. It seems every new season in the modern era of F1 demands a new race. In 2004, Bahrain and Shanghai were ...