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Tag: Seoul

Yi Sun-shin ⚓️🇰🇷 Korea’s undefeated Admiral

Yi Sun-shin ⚓️🇰🇷 Korea’s undefeated Admiral

The second half of the Sejong Centre is dedicated to Korea’s greatest military hero, and arguably the world’s greatest ever naval commander… Admiral Yi Sun-shin’s war record reads: 23 battles. All against Japan. 23 wins. And, incredibly, zero times he’s lost a ship. His most famous battle, the ‘Battle of Myeongnyang’, is considered one of […]

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Moon discussed wide range of economic issues with heads of economic organizations

Moon discussed wide range of economic issues with heads of economic organizations

president McCain held a working lunch with the heads of major economic organizations according to the nation’s top office the participants discussed a wide range of issues from Japan’s trade restrictions to deregulation for businesses during the first such meeting in three months moon vowed to review what was discussed and also called in the […]

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Global auto market in negative territory for 12 consecutive months

Global auto market in negative territory for 12 consecutive months

the global auto market has been a negative territory for 12 months in a row its worst performance since the global financial crisis according to the korea automobile Manufacturers Association today around a 7.2 million cars were sold worldwide in August a 3.9 percent decrease compared to same month last year weak demand in emerging […]

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Japanese car sales in S. Korea for September drop 60 percent due to anti-Japan sentiment

Japanese car sales in S. Korea for September drop 60 percent due to anti-Japan sentiment

Sales figures for Japanese cars here in the nation dropped even further last month. The Korea Automobile Importers & Distributors Association says the number of newly registered Japanese cars was down almost 60 percent on-year. The number has been falling since Koreans started boycotting Japanese products in July. Before the boycott, Japanese car sales in […]

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Nine automakers, including GM Korea, recalling over 200,000 cars in S. Korea

Nine automakers, including GM Korea, recalling over 200,000 cars in S. Korea

nine automakers are recalling more than 200,000 vehicles in South Korea due to faulty parts according to South Korea’s Transport Ministry nine car makers in importers will voluntarily recall 41 different models the majority of them 195,000 our model made by GM Korea Toyota Motor Korea and mercedes-benz Korea now they were equipped with a […]

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Sedan cars see weakest sales in 12 years due to soaring popularity of SUVs

Sedan cars see weakest sales in 12 years due to soaring popularity of SUVs

sedan cars here in Korea have seen their weakest sales and twelve years amid the surging popularity of sports utility vehicles or SUVs according to the korea automobile manufacturers associations 694 thousand two sedans were sold in the country last year down by 7.7 percent from 2017 now the figure also represents the first time […]

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Hyundai Motor Group aims to sell 7.5 million cars in 2018

Hyundai Motor Group aims to sell 7.5 million cars in 2018

Korea’s largest automaker, Hyundai Motor Group, revealed its New Year’s goal of selling a total of some seven-point-five million cars in 2018. Hyundai Motor and its affiliate Kia Motors announced on Tuesday that they aim to sell nearly four-point-seven million and two-point-nine million vehicles respectively. Although the exact figures haven’t been released yet, industry experts […]

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Hyundai Motor, Kia Motors sell almost one million cars in Europe in 2017

Hyundai Motor, Kia Motors sell almost one million cars in Europe in 2017

Hyundai Motor and its affiliate Kia Motors set a new sales record in the Europe last year. According to the European Automobile Manufacturers’ Association, Hyundai and Kia sold a combined 995-thousand vehicles,… a five-point-eight percent increase compared to 2016. Hyundai’s sales went up three-and-a-half percent, while Kia’s soared by eight-point-five percent on-year. The sales spike […]

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Sales of Japanese cars in S. Korea dropped by 56.9% y/y in August

Sales of Japanese cars in S. Korea dropped by 56.9% y/y in August

sales of Japanese cars here Indonesian dropped sharply in August according to the trade ministry the numbers decline around 57 percent on your as Tokyo Street curves prompted South Koreans to boycott Japanese products Nissan saw the sharpest dip the automaker sales were down 87 percent followed by Honda with at around 80 percent

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Sales of EU cars in S. Korea double in 5 years

Sales of EU cars in S. Korea double in 5 years

Sales of European vehicles exported to South Korea have doubled during the past five years. According to European Automobile Manufacturers Association, the number of European cars exported to South Korea last year was one-hundred and eighty-four thousand, which is double the amount of ninety-four thousand in 2012. Such trend marked South Korea as the 7th […]

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