South Korea

Hyundai has announced that it expects a 6% fall in Hyundai and Kia sales for 2006 due to strikes in the

US carmaker General Motors has turned to its South Korean division, GM Daewoo Auto and Technology, for the development of a new small car platform. The platform will then be given... 2006-10-13

Plagued by annual industrial action and an escalating rate of vehicle ownership, South Korea's automotive industry can be a tough nut to crack, as reflected in the poor domestic sales... 2006-10-06

Talks between South Korean carmaker Hyundai Motor and union representatives ended with no resolution to the current strike action last week. Despite quotes from South Korea's Labour... 2006-07-24

Chinese carmaker Shanghai Automotive Industry Corp (SAIC) has enhanced its interest in South Korea's Ssangyong Motor by raising its shareholding and ploughing money into product development.... 2006-06-20

UK luxury carmaker Bentley will be making its debut in Korea in response to the country's growing luxury car market. Local dealer Charmzone Company will represent the marque, under... 2006-06-16

South Korea's Ssangyong Motor has reached an agreement with majority shareholder Shanghai Automotive Industry Corp, to export completely knocked down (CKD) kits of a mid-range SUV... 2006-05-30

The German and Japanese dominance of South Korea's imported vehicle market continues. BMW had maintained the lead in the year to October 2005 with an 18.7% market share, but was pushed... 2006-05-11

Hyundai continues to dominate among South Korea's domestic manufacturers with a 48.46% market share in 2005 for sales including exports. The company sold 2,530,000 units, up 11% y-o-y.... 2006-05-11

Following disappointing domestic sales in 2004, South Korea's automotive industry has rallied to register record output of 3.699mn units in 2005, largely thanks to thriving exports.... 2006-04-06