South Korea

News: South Korean automaker Ssangyong Motor has posted a net loss of KRW89.7bn (US$77mn) in Q309, compared with a loss of KRW28.1bn (US$24.1mn) in Q308, marking its eighth consecutive... 2009-11-13

News: The Seoul Centre District Court has postponed granting its approval to bankrupt South Korean carmaker Ssangyong Motor's restructuring plan, after foreign creditors rejected... 2009-11-09

News: According to The Korea Herald, South Korean auto parts maker Hyundai Mobis has entered into supply contracts worth US$90mn with German automaker BMW and US automaker General... 2009-11-02

Japan's Toyota Motor has extended its reach in the Asian automotive industry by officially launching the Toyota brand in South Korea. Until now, the group has only been represented... 2009-10-21

The South Korean government is aiming to keep the country's automotive industry at the forefront of electric vehicle (EV) development by bringing forward plans to begin mass production.... 2009-10-09

South Korean automotive parts supplier Hyundai Mobis has revealed plans to continue the expansion of its international network of logistics centres, while also adding more overseas... 2009-09-30

News: According to Reuters, South Korean tyremaker Nexen Tyre is planning to open a new plant in Gyeongnam Province, south-east of Seoul, with an investment of KRW1trn (US$829mn)... 2009-09-30

News: According to just-auto.com, South Korean carmaker Hyundai Motor has launched its mid-sized Sonata sedan after four years of development and an investment of KRW450bn (US$373mn).... 2009-09-21

GM Daewoo has launched a new minicar in South Korea, which will eventually be available in around 150 countries. Based on designs from US parent General Motors Company (GM), the Matiz... 2009-09-16

News: According to just-auto.com, Japanese automaker Toyota Motor's South Korean subsidiary Toyota Korea has started taking pre-launch orders for Toyota brand vehicles in the country.... 2009-09-16