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2014.02.05 09:26
[AutoDaily] In January, domestic sales of all five Korean automakers had rapidly decreased. Last end-year, they had excessively engaged in promotional activities, and then this competition turned into sharp drop sales. Korean five companies sold 740,705 units, it decreased by 0.2% on world market la
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2014.01.25 21:13
[AutoDaily] On 24 January, the Kia motor held investor relation through conference call and posted 2013 management achievement in headquarter in Yang-jae. Last year, the Kia had sold 2,827,000 units new car. It is increase of 4.0% compared with previous year. The volume of domestic factory product i
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2014.01.25 21:10
[AutoDaily] Hyundai motor announced 2014 sales targets 680,000 units on domestic market which is increased of 6.8% compared with the previous year. Hyundai’s domestic sales volume had decreased by 4% compared with 2012, because the German imported automaker advertised extensively, and the foreign af
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2014.01.17 16:58
[AutoDaily] People from GM Korea are outstanding in manpower movement between the car industries. Including domestic operation headquarter CRM of Hyundai motor, the marketing operation division located in Yangjae-dong head office scouted several management staffs from GM Korea. The exactly number of
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2014.01.17 08:59
[AutoDaily] Toyota keeps a global top-maker position same as previous year. Including Asahi newspaper, Japanese local press, reported that Toyota Motor had sold 9.96 million units during 2013. It is higher 50 thousand units than their expectation which was 9.91 million units. They sold 2.33 million
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2014.01.14 18:00
[AutoDaily] Mercedes-Benz Korea declared that a retail price of main model components was drastically reduced since last 2 January. In terms of customer satisfaction policy, suggested retail price of about 6000 parts of main component was cut down from 3.4% maximum 28%. This announcement is a striki
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2014.01.14 10:41
[AutoDaily] German imported car companies try to strengthen after-service part this year. Before open to public details breakdown of cost repair, recently government and National Assembly are disquieting. The Mercedes-Benz Korea lowered suggested retail price about 6000 kinds of main components. Pri
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2014.01.14 10:34
[AutoDaily] According to Korus FTA(U.S.-Korea Free Trade Agreement), the individual consumption tax about over 2000 cubic centimeter displacement is down from 7% to 6%, so domestic and imported automakers all together decrease its price. The domestic car companies like Hyundai-Kia motor, GM Korea, a
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2014.01.07 18:01
[AutoDaily] The bus specialized company, Daewoobus, becomes integrated firm again since it separated from production and domestic and foreign parts. It was 2 years ago. On January 1, the Daewoobus established Zyle-Daewoobus united product part, domestic sales, and foreign part. Baek Byeongsu, the pr
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2014.01.07 17:54
[AutoDaily] BMW Korea is planning to establish 10 exhibition rooms and repair centers in this yera. It means that the business and maintenance net will be expanded. Last year, BMW Korea is the only company which sold more than 30 thousand units in single-imported brand. They expect to sell this year
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2013.12.20 18:14
[AutoDaily] Hyundai Motor’s new Genesis is showing the storm it's amounting of contract is 12,000 units a month since first month released. Senior vice president of Hyundai motor's sales promotion division, Kim Sang-dae, attended "new Genesis Media Trial ride Event", announced its accumulated co
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2013.12.20 18:10
[AutoDaily] General Motors (GM) show the contrast way between U.S.A and Korea. The production facilities and jobs in U.S.A are increased steadily but, in Korea, the company executes business restructuring. GM said on November 16 it will invest $1.3 billion at production facilities. Following this in
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2013.12.19 08:45
[AutoDaily] Hyundai-Kia motor registers negative growth (1.0% ↓) in European market. Last November on European Market (EU and EFTA), the company sold 57,497 units a decrease of 4.5 % compared with the previous year. Hyundai record 30,470 units 7.8% dropped sharply, Kia sold 27,027 units 0.5% decreas
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2013.12.12 23:57
[AutoDaily] BMW and Nissan are preparing to advance Korean EV market. They are working preparatory operations with Jeju as the center. On 10 December, Nissan Korea said that the EV department executives have a discussion with the person from Jeju-do Office about launching EV Leaf and subsidy support
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2013.12.12 23:44
[AutoDaily] Kia motor will release exclusive Chinese model K4 next year, and K6 in 2015. According to the person from Dongfeng Yueda-Kia, the company said that they are planning to sell exclusive Chinese model K4 in the first half of next year, K6 in 2015 in an interview on Chinese press. The K4 and
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2013.12.09 11:03
[AutoDaily] Kia Motor gives notice next year in an electric car market. Kia keeps an eye on domestic electric car market while Renault Samsung released SM3 Z.E and GM Korea did Chevrolet Spark EV. Now Kia is ready to show the actions. December 5, Jung Sun-Kyo, Kia motor domestic goods department hea
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2013.12.09 10:54
[AutoDaily] Even Though economic depression, Mercedes-benz New S-class priced 100 million and Hyundai New Genesis priced 50 million are selling like hot cakes. According to Hyundai motor, New Genesis had been sold 9,000 units for only 10 days since released on 26 November. The price of them are rang
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2013.12.09 10:48
[AutoDaily] Renault-Samsung QM3(Renault Captur) will be supplied maximum 15,000 units on domestic market. December 6, Renault-Samsung vice president Ali Kasai said “we planned to sell 5,000 units on Korean market next year, but we decided to reflex a great local popularity such as preliminary contra
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2013.12.04 11:13
[AutoDaily] Volkswagen-Audi Korea has an ambitious plan to sell 56,000 units next year in Korean market. Recently, they set the plan for 2014 business which aim to 32,000 for Volkswagen, 24,000 for Audi, total 56,000 units. It increased 19% than the current year’s expectation; Volkswagen 27,000, Aud
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2013.11.25 15:49
[AutoDaily] Last year, Toyota has seen losses only in Korea and Vietnam. In 2009, Toyota sold only Lexus brand in korea. The company had 11.8 billion gains. But Toyota brand put in 2010, they showed 9.7 billion losses in korea. After that, 24.6 billion in 2011, 11.2 billion in 2012, they got into re
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2013.11.25 15:29
[AutoDaily] Renault Samsung Motors QM3 is hot issue in the market. It does not makes all good. There are both sides bitter-sweet. 20 November, all this year limited sales 1000 units QM3 was sold out in 7 minutes. This afternoon pre-order is over 3000 units, even the pre-order does not last a day. Th