South Korea

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

GM Daewoo, the South Korean subsidiary of US major General Motors, has revealed its Asian strategy, which includes reinstating around 1,700 workers that were made redundant in 2001.... 2006-03-17