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2014.08.25 22:57
German VW’s official dealers have begun to sell Korean cars. It seems that the dealers at a loss due to push marketing and big discount sales have been looking for a breakthrough.It’s the first occasion that import car dealers turn to handle local cars in parallel with imported cars.According to an
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2014.08.18 15:02
Sales of German cars in Korea has for the first time exceeded Japan. Last year’s import car sales in Japan registered 346 thousand units, 2.2 fold of Korea’s.According to the reports by KAIDA and JAIA, the major five German car makers, such as BMW, Mercedes-Benz, VW, Audi, and Porsche sold 13,024 un
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2014.07.24 10:54
Foreign car importers who didn’t pass fuel efficiency requirements last month are preparing to rebut the test results of MOTIE(Ministry of Trade, Industry & Energy).According to MOTIE and importers, the former has proposed an open discussion on the uncompromising fuel economy at L Tower in Yangjae,
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2014.07.23 21:42
German BMW is planning to build an R&D center in Korea.BMW Group, comprising BMW, Mini, and RR, selling around 40,000 units per year in Korea, plans to build an R&D center in addition to a driving center for new car testing, paving a way to possible assembly facilities in Korea.The BMW’s R&D center
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2014.07.16 18:12
Toyota Korea and Nissan Korea reduced last year’s losses significantly thanks to the depreciation of Yen.Based on the ‘2013 Auditor’s Report’ submitted to the Financial Supervisory Service, both Toyota and Lexus brands, combined, registered 13,863 units in sales, up 18.4% over the previous year with
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2014.07.16 12:01
German BMW and Samsung SDI have established a cooperative relations in the area of EVs, including batteries.On 14th July, BMW and Samsung SDI, represented by Klaud Draeger, President of Purchasing at BMW and Sang-Jin Park, President of SDI, signed an MOU for cooperation in EV businesses at the BMW Y
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2014.07.16 10:06
As if controlling a toy truck by a remote controller, you can maneuver forward or backward a behemoth trailer of over 15 meter in height through finger-tip movement on a tablet.The innovation truck, developed by ZF, a German axle and transmission producer, is integrated with state-of-the-art IT tech
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2014.06.27 15:12
Mercedes-Benz Korea(MBK), as they promised early this year, is to operate a social contribution program.However, relevant fund-raising has not been schemed out, and so will take time for completion.MBK, in cooperation with its affiliates, like Daimler Truck Korea(DTK) and Benz Financial Service Kore
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2014.06.17 18:28
The consumers’ responses to the US truck Navistar that was launched last February for the first time in Korea is unexpectedly chill.According to Chunji International, the wholesale of Navistar in Korea, the total sales of Navistar trucks are merely 10 units as it went on sale since last March.A spok
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2014.06.17 17:50
VW dealers are not backing down saying “No more compromise. We’ve come to a dead end.”The biggest dealer, Klasseauto, and Autoplatz located in Songpa, Seoul, and Bundang and Anyang, Gyeonggi are in a head-to-head discount war, offering extraordinary terms, such as life-long free maintenance service
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2014.06.10 10:23
BMW Group Korea donated 1 billion won on 9th June for helping the suffering families of Sewol ship disaster through ‘Community Chest of Korea’ who is raising social wellbeing mutual fund.The donation was raised collectively by BMW Group Korea, BMW Financial Service Korea, and eight BMW dealers acros
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2014.06.03 15:13
Hyundai Motor is receiving orders for 2015 model year Grandeurs from this week.On 29th May, at the 2014 Busan Motor Show, the diesel version of Grandeur was first introduced to the public, and will be available for R2.2 E-VGT diesel engine with 6-speed auto transmission, delivering maximum 202 ps an
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2014.05.28 17:14
The BMW’s Driving Center is to be opened in July this year, making a new chapter of the history of Korea’s auto industryCurrently around 30 foreign brands are playing in Korea and local brands are accounting for over 80% of the turf, but none have such a theme park for test driving of cars and exper
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2014.05.28 14:53
Hyundai Motor is driving hard in motor sports.It is a strategy to head off the importers’ sports marketing, such as BMW’s opening of Yeongjong-do driving center in the upcoming July.Hyundai is planning to host “The Brilliant Motor Festival,” a kind of the biggest general cultural festival to be held