Sales of imported vehicles in Korea fell 23 percent in October from a year earlier as a global chip shortage caused a lack of supplies, an industry association said Wednesday.
Around 80,000 school vehicles across the nation will be replaced with either electric or hydrogen models starting next year, according to officials on Wednesday.
Volvo Cars Korea launched a partially revamped XC60 midsize SUV with a new infotainment system.
According to the Ministry of Trade, Industry and Energy on Wednesday, Korea manufactured 297,585 vehicles in July, a 13.9 percent drop compared to the previous year.
Starting from October, self-driving cars will hit the road on Sangam-dong in Mapo District, western Seoul.
Overseas auto sales in June for Korea's five carmakers--Hyundai Motor, Kia Motors, GM Korea, Renault Samsung Motors and SsangYong Motor-- jumped 32 percent on year to 522,786 units.
The first rule of the auto market is that a car depreciates instantly when you drive it off the lot.
Hyundai Glovis is selling a major stake in a European subsidiary to a Chinese company with the hope of expanding rail cargo services between Europe and China.
Unable to travel due to the prolonged coronavirus pandemic, young Koreans have found a new way to fill their time and spend their money: Golf. According to KB Kookmin Card, sales at golf courses between March and May last year...
Lithium, atomic number 3, is the lightest metal. It is used in medicine for bipolar disorder. Australian medical scientist John Cade (1912~1980) accidentally discovered that lithium was effective in calming guinea...