Most Popular
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40 flights canceled on Jeju Island due to bad weather
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Pandemic left Korea more depressed than before: report
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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Korean labor force to shrink by 10 million by 2044: report
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[AtoZ Korean Mind] Does your job define who you are? Should it?
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Gov't appears to shelve punitive measures against mass walkout by doctors
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Govt. asks hospitals to mitigate impact of medical professors' absence
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Allegations surrounding BTS resurface, enraged fans demand apology
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Doggy patrol team on the move to protect their cities
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S. Korea's working-age population to dip nearly 10m by 2044 amid low births
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Lamborghini to launch new ‘everyday’ model
May 29, 2011
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Volkswagen sees new U.S. plant as key to topping Toyota Motor
May 29, 2011
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India’s Tata Motors reports flourishing profits, led by JLR
MUMBAI (AFP) ― India’s top vehicle maker Tata Motors on Thursday reported a nearly fourfold increase in annual profit, boosted by booming sales and strong demand for British brands Jaguar and Land Rover.Net profit was 92.7 billion rupees ($2.04 billion) for the year to the end of March 2011, up from 25.7 billion rupees in the previous year, the company said in a statement to the Bombay Stock Excha
May 29, 2011
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Jaguar draws customers with unique designs
Jaguar is targeting the Korean market by launching modern sedans and increasing the number of showrooms in major cities here.Its unique and beautiful designs are attracting Korean customers, especially people who want to buy a different type of car.“Many owners of BMW or Mercedes-Benz have replaced their cars with Jaguar models,” a Jaguar-Land Rover Korea spokesman said.“While vehicles of German o
May 29, 2011
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Korea, Germany vie to be world’s No. 4 carmaker
Seoul is projected to capture 11% of the world’s auto production market within four yearsKorea has been striving to become one of the world’s four largest automakers, though the nation ranked fifth for six consecutive years between 2005 and 2010.Though Korea grabbed fourth place in the global auto manufacturing ranking in 1997, it suffered difficulties in the wake of the 1997-98 financial crisis.N
May 29, 2011
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Peugeot 508 makes Asia-premier debut in S. Korea
Hanbul Motors Corp., the local importer and distributor of French automaker PSA Peugeot Citroen, introduced the new Peugeot 508 in South Korea on Wednesday, also marking the vehicle's Asia debut. The passenger sedan comes in two trims -- the chaste Allure version with a 2.0-liter engine and the sportier GT version with a 2.2-liter HDi engine. The Peugeot 508 Allure has a maximum horsepower
May 25, 2011
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Carmakers face output cut on parts firm strike
Police launched a probe Monday into an illegal strike by an auto parts manufacturer in Asan, South Chungcheong Province, which is prompting work suspension at plants of the nation’s major carmakers including Hyundai Motor in Ulsan.The police said they are considering requesting an arrest warrant for the company’s labor union leaders, as well as for key players behind the strike and the illegal occ
May 23, 2011
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GM Korea unveils Cruze hatchback in Seoul
(Yonhap News) GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., on Monday introduced its all-new hatchback, the Chevrolet Cruze5, in South Korea, adding what it called a "sexy and smart" vehicle to its Chevrolet lineup. Based on GM's mid-size passenger car the Chevrolet Cruze, the hatchback comes in two trims -- with a 1.8-liter gasoline engine or a 2.0-liter turbo diese
May 23, 2011
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Volvo Cars back in black for full-year 2010
China-owned Volvo Cars on Thursday said it was back in the black in 2010 following an 11.6 percent rise in sales over the previous year.“During 2010, we witnessed a turn-around in the car market and we have now returned to profitability,” chief executive Stefan Jacoby said in a statement.Volvo Cars said its operating EBIT (earnings before interest and taxes) was $361 million.It added it sold about
May 22, 2011
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Audi Korea launches app for iPad
Audi Korea, the local importer of luxury German car brand Audi, said it launched an iPad application for customers to view Audi magazine. The free application allows iPad users to keep up with the latest news about the German cars and promotional offers.Audi magazine, sent to its customers on a quarterly basis, not only covers Audi products but also contains exclusive interviews with sports stars
May 22, 2011
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Toyota starts gearing up U.S. production
Toyota released a bit of good news Wednesday as its U.S. operation announced it would return to 70 percent production capacity by June.As Japan’s infrastructure recovers from the mammoth March earthquake and tsunami, parts were flowing again into the important U.S. market. U.S. production had fallen to 30 percent of capacity in May, with most factories closed for much of each week.Toyota said it p
May 22, 2011
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Jaguar Land Rover offers wedding cars
Jaguar Land Rover said it is offering wedding cars for couples who have their marriage ceremony at the Shilla Hotel in Seoul. An all new XJ, the British carmaker’s flagship model, will be offered to Shilla customers on their way to their honeymoon, the company said.“Young couples nowadays are looking for unique wedding experiences and their taste for wedding cars has been changing fast too. We hop
May 22, 2011
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BMW offers discount on repairs
The local unit of German carmaker BMW Group said it will offer a 20 percent discount on repairs for its older sedans and convertibles, including the M3, X3, Z3 and Z4.The “refresh” campaign will be available for BMW customers whose cars have been registered before April 30, 2006. The offer will be available until June 3 at the company’s official service centers across the country. BMW Korea launch
May 22, 2011
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Renault targets 100,000 car sales in return to India
Renault SA aims to sell 100,000 cars a year in India by the end of 2013, as the French automaker introduces its first model in the Asian country since exiting a joint venture with Mahindra & Mahindra Ltd. last year.The carmaker will introduce the Fluence sedan May 23 in New Delhi and plans to sell as many as five models by December 2012, when it expects to have 100 dealers across the country, Marc
May 22, 2011
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Two-wheelers gain amid soaring gas prices
Rising gas prices may be inconvenient but they make scooters and motorbikes better options, especially with summer just around the corner. Compact motorbikes have been gaining popularity among riders, particularly those in their 20s and 30s looking to add style to their riding experience. Scooters and motorbikes come with fuel efficiency of at least 30km per liter, making them especially attractiv
May 22, 2011
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Hyundai joins Denmark’s green car campaign
Hyundai Motor Co., South Korea’s largest automaker, said Friday it has agreed to join Denmark’s efforts to promote clean energy cars in a move to tap the fast growing market for green vehicles in Europe.A memorandum of understanding (MOU) to that end was signed Wednesday in Denmark between the South Korean automaker and the city of Copenhagen, the capital of Denmark, Hyundai Motor officials said.C
May 15, 2011
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Audi’s workforce to grow 17 percent by 2020
Volkswagen AG’s Audi luxury-car brand will increase its workforce by 17 percent through 2020 as the manufacturer expands production beyond Germany to meet growing demand in markets such as China and the U.S.“We’re expecting further growth over the long term beyond 2015,” Chief Executive Officer Rupert Stadler said a speech to be delivered today at the annual shareholders meeting in Neckarsulm, Ger
May 15, 2011
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Hyundai Motor plans 1,000 rural outlets in India
Hyundai Motor may build a network of as many as 1,000 rural outlets and introduce a cheaper small car after losing market share to Ford Motor Co. and Volkswagen AG.“We are looking strongly at these markets and want to focus on growing our network there,” Arvind Saxena, the carmaker’s India director for sales and marketing, said in an interview yesterday in New Delhi. He declined to give a timefram
May 15, 2011
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Kia prices Optima hybrid at $26,500
Kia Motors America announced that its first hybrid, the 2011 Optima Hybrid, will be priced at $26,500. The Optima Hybrid, with an expected rating of 35 miles per gallon in the city and 40 on the highway, goes on sale in June.The gas-electric Optima shares its hybrid system with the Hyundai Sonata, which surprisingly carries a lower MSRP of $25,800. The full range of Optima trim levels are priced b
May 15, 2011
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Mercedes unveils 2012 models
In the 2012 model-year most Mercedes-Benz vehicles are equipped with a more fuel-efficient 7-speed automatic transmission and increased power from direct-injection gasoline engines. That includes a new turbo four-cylinder, a normally aspirated V6 and bi-turbo V8s ― some with ECO Stop/Start technology.Many 2012 models also feature a new viewscreen with a 5.8-inch color display, Bluetooth audio stre
May 15, 2011