Hyundai Car News, Kia Car News, SsangYoung Cars and GM Daewoo Car News
Hyundai Car News, Kia Car News, SsangYoung Cars and GM Daewoo Car News
Baaaaad time in Korea! Automotive News has declared that the situation at the automaker Hyundai is facing some agitated times, since the workers have decided to go on a strike. Their demands involve better pay (an increase of $132), bonuses (30% of the company’s profits) and reduced work hours (8 hour shifts). The leader, Moon […]
European Parliament approves European-South Korea free trade agreement BRUSSELS : The European Parliament on Thursday gave its consent to the EU-South Korea free trade agreement, the most ambitious deal the EU has ever negotiated. Read more on New Kerala GM unveils hatchback as part of new product launch The South Korean unit of US auto […]
Teamsters Urge Congress to Reject South Korea Trade Deal WASHINGTON , Feb. 17, 2011 –Teamsters General President Jim Hoffa today said he opposes the current version of the trade deal with South Korea and will urge Congress to reject it. Read more on The Auto Channel Europe ratifies free trade deal with S. Korea Europe […]
A good year for Kia ! Kia Motors Corporation announced yesterday the official figures (export sales, domestic sales and sales from overseas plants) for passenger cars, recreational vehicles (RVs) and commercial vehicles and guess what? It has increased to 205,876 units (21.3%) and the leader is China with 41.8%, followed closely by North America (35.5%), […]
Hyundai is ready to come up with a new project called Hyundai Eon. Designed and developed at the company’s center in Namyang, Korea this has created a true hysteria in India where Hyundai is among the best auto manufactures. Its small design is going to bring the creators (the Hyundai team and Casey Hyun) instant […]
Hyundai Motor Company has big plans in Europe for the next 2 years. According to Reuters, Hyunday aims to sell 500,000 cars by 2013. In 2010 Hyundai sold a number of 358,284 cars, the Korean automaker told Automative News Europe. At the moment the goal is to achieve 5% market share by 2015. Hyundai Europe […]
In a comparison of compact cars, Hyundai Elantra came out on top. The latest contest was conducted by automotive consumer site cars.com. In the competition were included 5 cars that have made huge impression in the past months: Hyundai Elantra, Honda Civic, Chevrolet Cruze, Ford Focus and Kia Forte. The cars are good for 5 […]
The Soul Hamstar Special Edition from Kia has arrived. If you enjoy the funky style and you afford to pay almost 21000 bucks, the car is yours! The price tag includes a smooth 4 speed automatic transmission. The 2011 Kia Hamstar Soul starts at $20.990 – including a $695 destination charge – which makes it […]
South Korea freezes key rate in surprise decision Shoppers browse at goods on sale in Seoul. South Korea’s central bank Friday froze the key interest rate for the second straight month despite inflation pressure, amid continuing economic uncertainty … Read more on AFP Journal Internet Finance News (EU) via Yahoo! UK & Ireland Finance Deputies […]
Bank of Korea Raises Benchmark Interest Rate to 3% The Bank of Korea raised the benchmark interest rate to 3 percent from 2.75 percent, it said in Seoul today. The decision was forecast by all 15 economists surveyed by Bloomberg News. Read more on BusinessWeek Friday preview: JD Wetherspoon, Luminar… Leisure moves centre stage tomorrow […]
South Korea President Urges Govt Officials to be Creative SEOUL: President Lee Myung-bak told mid-ranking government officials on Saturday to be more creative and to better prepare for contingencies, South Korea’s Yonhap news agency reported. Read more on Malaysian Digest New generation challenging older players on PGA Tour As golf’s spotlight shines on Doral this […]
