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Tag Archives: korea
General Motors to Build New Chevrolet Malibu in Korea
Korea ranks at the very bottom — 30 out of 30 among the largest automotive markets — for auto import market access. The average among major developed economies is approximately 40% market penetration by imported automobiles, but in 2006 in Korea, the total of import vehicles from all global manufacturers in all countries entering the Korean market was around 3.6%. This is about 40,000 vehicles in a market that buys roughly one million vehicles annually. Continue reading
Korean Hyundai Motor Profit up 46% in Q1
Hyundai Motor Company said today in a regulatory filing that profits jumped 46% in Q1 as sales were up 21% to 18.23 trillion Korean Won on a consolidated basis. South Korea’s largest automaker benefited from strong sales in China, Europe and the U.S., as competing Japanese automakers struggled with production disruptions because of the Japan earthquake. Continue reading
Posted in auto news
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, Hyundai q1, hyundai results, Ken Zino, korea, q1 results, zino
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Chevrolet Miray Voted Best Concept at Seoul Motor Show
The Chevrolet Miray was named Best Concept Car at the 2011 Seoul Motor Show. Journalists attending the show voted their favorite cars in three categories: Best Concept Car, Best Green Car and Best Passenger Car. The Miray, which made its world premiere in Seoul, received the most votes among concept cars on display.
The Miray roadster is significant because it was developed at the General Motors Advanced Design Studio in Seoul, increasingly the source of small car work for the U.S. based and taxpayer owned GM. Continue reading
Posted in auto news
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, Chevrolet, concept cars, daewoo, GM, honda cr-z, hybrid vehicles, hyundai, Ken Zino, kia, korea, Korean free trade agreement, miray, zino
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Chevrolet Miray Hybrid Electric Debuts at Seoul Motor Show
Chevrolet introduced the Miray concept hybrid electric vehicle at the 2011 Seoul Motor Show today. The roadster is significant because it was developed at the General Motors Advanced Design Studio in Seoul, increasingly the source of small car work for … Continue reading
Posted in auto news, concept, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, Chevrolet, concept cars, daewoo, GM, honda cr-z, hybrid vehicles, hyundai, Ken Zino, kia, korea, Korean free trade agreement, mi-ray, miray, zino
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Genesis Launches Its First SUV – GV80
One interesting technology is an active motion driver’s seat that contains seven air cells: said to reduce fatigue from long hours of driving. Continue reading →