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Q1 car exports dropped, while domestic sales rose   1분기 자동차 수출 급감… 내수 판매는 증가

Q1 car exports dropped, while domestic sales rose 1분기 자동차 수출 급감… 내수 판매는 증가

Korean carmakers have seen a dramatic drop in automobile exports,… in the first quarter of this year. But, the opposite can be said about recent domestic sales. According to data released by Korea′s trade ministry on Tuesday,… the total number of cars sent overseas… stood at roughly 735-thousand,…down 6-point-6-percent year-on-year. The ministry says… the weak […]

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TV shopping channels approved to sell new domestic cars from 2018

TV shopping channels approved to sell new domestic cars from 2018

Starting in 2018, TV shopping channels will be able to sell new locally-made automobiles. The government had originally planned to allow that to happen this year, but it was delayed to give local car dealerships, which opposed the change, more time to adjust to new competition. Until now, TV shopping networks were allowed to sell […]

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Hybrid cars sales hit a record high in April

Monthly sales of hybrid cars in Korea hit a record high in April, increasing by about forty-five percent since December. According to the Korea Automobile Manufacturers Association,… April’s sales of hybrid cars topped seven-thousand for the first time, representing about eight percent of Korea’s total automobile sales. Domestically produced hybrid cars saw a particularly large […]

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Hyundai-Kia expected to sell 8.2 million cars in 2015   현대기아차 내년 세계시장서 820만대 판매

Hyundai-Kia expected to sell 8.2 million cars in 2015 현대기아차 내년 세계시장서 820만대 판매

Korea′s largest automaker Hyundai Motor and its sister company Kia Motors reportedly plan to sell 8-point-2 million cars in 2015. The automakers feel that′s an attainable goal since they are expected to sell a record-high 8 million units globally this year. Analysts say, however, next year′s forecast is somewhat conservative considering that the average rate […]

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Volkswagen Korea to suspend sales of cars in emissions scandal

Volkswagen Korea to suspend sales of cars in emissions scandal

Volkswagen has announced it’s suspending sales of cars caught up in an emissions rigging scandal. Audi Volkswagen Korea said Friday the sales suspension will start Monday and involve 79 models, including the Golf and Audi A6. The environment ministry is deciding whether to revoke sales approval certifications for the vehicles, based on an investigation into […]

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Hyundai sees its electric vehicle sales drop as global EV sales rise   세계 전기자동차

Hyundai sees its electric vehicle sales drop as global EV sales rise 세계 전기자동차

Korea′s largest automaker is lagging far behind its foreign rivals in the electric vehicle market, even amid a global spike in EV sales. According to automotive industry portal MarkLines,… over 60-thousand electric vehicles were sold worldwide from January to June, a 40-point-4 percent increase from the same period last year. Hyundai took only a microscopic […]

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Hyundai, Kia rank 3rd in global hybrid car sales in 2014   현대기아차 지난해 하이브리드카 판매량

Hyundai, Kia rank 3rd in global hybrid car sales in 2014 현대기아차 지난해 하이브리드카 판매량

Hyundai Motor and its affiliate Kia Motors grabbed third spot in terms of hybrid electric vehicle sales last year. According to data released on Monday by Japanese auto research firm FOURIN, the two Korean automakers sold nearly 77-thousand-500 environmentally friendly cars in 2014. They trailed Japanese manufacturers Toyota with sales of over one-million units and […]

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Hybrid car sales hit record high in Korea in wake of Volkswagen scandal   폴크스바겐

Hybrid car sales hit record high in Korea in wake of Volkswagen scandal 폴크스바겐

Sales of hybrid cars in Korea have hit a record high… in the wake of the Volkswagen scandal. The combined sales of hybrid cars manufactured by Korea′s Hyundai Motor and Japan′s Toyota… surpassed 24-thousand units in the first ten months of the year. Korea′s largest automaker said its hybrid car sales in the country surged […]

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Korean diesel car sales ratio exceeds 50 pct.   이젠 디젤차가 대세…상반기 판매비중 가솔린 넘어서

Korean diesel car sales ratio exceeds 50 pct. 이젠 디젤차가 대세…상반기 판매비중 가솔린 넘어서

More than half of Korean-brand vehicles sold in Korea in the first six months of the year were diesel-powered… as drivers sought out cars with better fuel efficiency… and that run on cheaper fuel. According to industry data released on Tuesday, five local automakers, including Hyundai Motor and Kia Motors,… sold nearly 900-thousand vehicles from […]

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Hyundai, Kia on track to rank 4th in global green car sales

Hyundai, Kia on track to rank 4th in global green car sales

Hyundai Motor and its affiliate Kia Motors are on track to land in fourth place in global green car sales for 2015. According to industry data, the two Korean automakers sold nearly 74-thousand eco-friendly vehicles last year. The sales figures include hybrids,… electric fuel-cell and plug-in hybrid vehicles. Based on the January to November sales […]

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