south korea


REPORT: Chinese automaker SAIC accused of hybrid tech theft by SsangYong

In the beginning of the decade, before SsangYong got into really deep doo-doo, the Korean automaker began work on a hybrid control unit (HCU) with German engineering firm FEV. From 2004 to 2008, as the research continued, the South Korean government provided nearly half of the financial resources for the development of the technology. In 2005, as Ssangyong's stumbles began, Chinese automaker SAIC took a majority stake in the Korean company. A year later, in 2006, SAIC saw the success SsangYong was having with the HCU and allegedly ... Read more →

REPORT: GM ups its ante in GM Daewoo Jonathon Ramsey

GM Daewoo has four shareholders: GM, Korea Development Bank, Suzuki Motor Corporation, and Shanghai Automotive Industry Corporation. When GM Daewoo put out a rights issue, only one of the four ...

Role Reversal: Toyota launches in South Korea to battle Hyundai Noah Joseph

In this topsy-turvy economy, Hyundai is making serious headway against its Japanese rivals. While the Korean automaker has surpassed Honda and Nissan, to name just two, Toyota remains in the lead ...

Aim Higher: GM Daewoo reportedly suing TagAZ over fears they are planning to copy the Lacetti Jonathon Ramsey

In what looks like a serious-but-probably-the-norm case of industrial espionage, General Motors' South Korean Daewoo division is reportedly alleging that the Russian automaker TagAZ has tried to ...

Drip, Drip, Drip - More 2010 Hyundai Sonata images find their way onto the interwebs [*UPDATED] Jonathon Ramsey

Hyundai isn't happy about it, but the 2010 Hyundai Sonata has been caught in the Internet's voracious maw eight days before its official launch in South Korea. Hyundai then released designer's ...

Hyundai-Kia overtakes Ford to become world's 4th largest automaker 3 months ago on Autoblog

If you were shocked by the news from around this time last year that the Hyundai-Kia Automotive Group had jumped up to 5th in the global standings of the world's largest car manufacturers, you'll be just as surprised by the latest sales figures that place the Korean automaker this year in the ...

Spy Shots: Long-wheelbase Equus prototype is one big Hyundai 3 months ago on Autoblog

Just when you were getting comfortable with Hyundai's $39,000 Genesis, the Korean automaker sprung the $50,000 Equus on you. Now, Hyundai has upped the stakes with the Equus VL500, a long wheel-base version of its Korean-market (and possibly U.S.-bound) flagship. The engine bay in the ...

Korean police to storm Ssangyong factory occupied by fired workers? 4 months ago on Autoblog

Earlier this year, when Ssangyong was allowed to continue as a going concern, the company had to let go of around 900 workers. Those workers (above) then effectively said "all your factory are belong to us," and staged a sit-in at the South Korean production facility that subsequently turned ...

REPORT: Pipe and firebomb-wielding strikers injure 70 at Ssangyong plant; 4,000 flee 4 months ago on Autoblog

After slipping into receivership this past January, Ssangyong Motor Company's problems have only escalated. A court-ordered restructuring of the Korean automaker earlier this year left 976 employees without work. The displaced workers organized an armed sit-in on the Korean automaker on May 21 that ...

Leaked GM document shows automaker plans to sell China-built cars to U.S. consumers 6 months ago on Autoblog

A planning document given to lawmakers by General Motors reportedly shows that the Detroit-based automaker plans to ship 17,335 autos from China for sale in the U.S. in 2011. If GM succeeds in importing vehicles to the U.S. from China, it could be the first automaker to do so. The document ...

Coco's Ride: What if Chanel designed automobiles? 8 months ago on Autoblog

Jinyoung Jo is a car designer at Hong-ik University in South Korea, and this is her creation: the Chanel Fiole concept. As with classic Coco Chanel work, the design of the car was centered on simplicity of lines and "the best of black and white." As with most concepts, there was also an ...

Hyundai teams up with Korean government to encourage baby making 9 months ago on Autoblog

Hyundai has grown substantially over the years, and the automaker is pitching in to ensure that the South Korean population follows suit. A low birth rate in Korea has contributed to a shrinking population, prompting the government to find ways to encourage more "child rearing." As part of that ...

Take A Cab: South Korean woman fails driving test... 771 times 9 months ago on Autoblog

Most people pass the driving exam on the first try, with a select few failing once or twice before finally getting it right. In South Korea, one woman has been trying to pass the written test since 2005 and has yet to pass. In all, the 68 year-old woman, known only as Cha, has failed the exam 771 ...

Next Hyundai Equus is one angry stallion 10 months ago on Autoblog

This is the sketch that follows an earlier rendering of the third generation Hyundai Equus, due in 2010. As far as sedans are concerned, it looks like Hyundai is moving toward the Aston Martin school of design -- make something everyone loves, and then make it a little different and give it ...

GM launches Cruze in South Korea as Lacetti Premiere 1 year ago on Autoblog

The Chevy Cruze era has begun in South Korea, except the sedan will be badged as the Lacetti Premiere. General Motors partner Daewoo is producing the fuel efficient sedan for Korea, the first market to get one of GM's most important future vehicles. The Cruze is the first truly global vehicle that ...

Hyundai boss receives pardon from South Korean president 1 year ago on Autoblog

In South Korea, economics trumps justice. Chung Mong-koo, the head of Hyundai who recently received a suspended sentence for embezzling and bribes has -- along with 341,000 other businessmen, bureaucrats, and politicians -- been given a full pardon. President Lee Myung-bak, who said he was ...

Crooked Hyundai chief gets no jail time from Korean high court 1 year ago on Autoblog

South Korea is working hard to crack down on corruption in its business sector, but the example-setting won't begin with Hyundai boss Chung Mong-koo. A Korean court gave Chung a three-year suspended sentence as punishment for embezzling monstrous sums of cash from the world's sixth largest ...

VIDEO: One cranky South Korean gets to drive the Hyundai Genesis 1 year ago on Autoblog

Click above to watch the video UPDATE: Hyundai Motor America responds to the cranky South Korean reviewer. Click here. The Hyundai Genesis has had a lot of positive speculative press, and there are a lot of journalists anxious to get behind the wheel of the rear-wheel-drive sedan from South ...

Infiniti to expand lineup with 10 new vehicles by 2010 2 years ago on Autoblog

Dave Guilford of Automotive News sat down with Carlos Tavares, Nissan MoCo's global product chief, and the fruits of his investigative labors revealed that Infiniti has big plans over the next three years. A product push that involves a number of new models and expansion of the Infiniti brand into ...

Hyundai Chairman sentenced to 3 years in jail 2 years ago on Autoblog

Most consumers and car enthusiasts in the U.S. have had no idea that the turmoil atop Hyundai's executive ladder had gotten this bad. Today, the chairman of Hyundai Motor, Chung Mong-koo, 68, was convicted and sentenced to three years in a South Korean prison for embezzling $67 million USD and ...

New Infiniti G35 released in South Korea ahead of US debut 3 years ago on Autoblog

They may live below a country run by a husky dictator who has a thing for BluBlockers and nuclear weapons, but South Koreans can take heart knowing that Infiniti has bestowed upon them the honor of being the first market to receive the new G35 sedan. Infiniti announced the G35's arrival in South ...

Hyundai ends strike with unions 3 years ago on Autoblog

The Detroit News is reporting that Hyundai has reached a tentative agreement with its labor union to end a strike that's lasted the better part of a month. The agreement calls for a 5.1-percent pay increase, which is well below the 9.1-percent increase workers went on strike to secure. The agreement ...

Hyundai halts all exports out of South Korea 3 years ago on Autoblog

It's summertime, and that means swimming, road trips and union labor strikes that disrupt the flow of exports out of South Korea. The recent strikes at auto assembly plants in South Korea have caused Hyundai to suspend vehicle exports for the time being. No worries, though. Hyundai has built up a ...

Bentley gets some Seoul, enters Korean market 3 years ago on Autoblog

Recognizing the ever-increasing accumulation of wealth in South Korea, Bentley Motors has decided to enter the Korean market and hock its wares next to such nameplates as GM Daewoo and Kia. Charmzone, Co. will operate in the South East Asian country as Bentley Seoul and have dedicated sales and ...

GM Daewoo's 'Winstorm' SUV prepares to sweep SUV market 3 years ago on Autoblog

GM Daewoo has announced the launch of its first SUV. Called the Winstorm, auto enthusiasts will immediately recognize it by its more familiar name of Captiva. Stats, pics, and additional vehicle information can be found here and here. Analysts are reporting mixed reviews of the South Korean ...

Hyundai chairman to be indicted Tuesday 3 years ago on Autoblog

Chung Mong-koo, chairman of the Hyundai Motor Group, will be indicted by the South Korean government Tuesday, as the Hyundai bribery scandal worsens. A spokesperson for the state prosecutor's office said to Reuters that additional indictments will be forthcoming for the chairman's son (president of ...

Busan Motor Show 2006 comes to a close 3 years ago on Autoblog

The 2006 Busan Motor Show in South Korea has ended and Car Design News has a modest pic gallery of some of the more interesting autos on the show floor. The SsangYong Actyon Sports, for instance, is a pickup version of the Actyon compact SUV and looks like the love child of a Pontiac Aztec and ...

Will growing corporate scandal derail Hyundai's future? 3 years ago on Autoblog

With Hyundai chairman Chung Mong-koo (right) arrested and jailed Friday for alleged embezzlement and political slush funds in South Korea, the question is: Will the automaker continue to grow at a breakneck pace, or will mounting legal troubles conspire to take it down a peg or two? The Hyundai ...

Prosecutors looking to arrest Hyundai chief in bribery scandal 3 years ago on Autoblog

Prosecuting attorneys in South Korea have requested an arrest warrant for Chairman Chung Mong-Koo of the Hyundai Motor Group. The paperwork is being sought on charges that the executive embezzled $106 million via slush funds, using some of the ill-gotten gains to graft government officials, among ...

Hyundai Automotive Group scandal heightens 3 years ago on Autoblog

Recent developments in the Hyundai Automotive Group's homeland bribery scandal are seeing the plot thicket. The prosecution announced Thursday that it has evidence supporting the accusation that company executives bribed politicians and government officials in 2001, as part of an effort to write-off ...

New York Auto Show: 2007 Hyundai Elantra 3 years ago on Autoblog

The new 2007 Hyundai Elantra is the seventh new product from Hyundai in the last two years. The all-new midsize (that’s a new EPA classification thanks to 112.1 cubic feet of interior volume) gets Hyundai’s now traditional battery of safety equipment including six airbags, ABS brakes ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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