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Rolls-Royce announced Wednesday it will follow Korea’s voluntary lemon law for automakers, making it the first foreign luxury brand to accept the newly introduced regulation. Korea’s revised automobile management law, enacted last month, forces complying…
Sales of imported vehicles in Korea declined by more than 10 percent in January from a year earlier due to typically low seasonal demand and supply shortage of some brands, industry data showed on Friday. The number of foreign cars sold last month reached…
The value of imported vehicles sold in Korea last year jumped 9.9 percent to 17.47 trillion won ($15.49 billion) from a year earlier on demand for German models, industry data showed Thursday. In 2018, imported carmakers sold a combined 260,705 vehicles in…
Luxury carmaker Jaguar introduced the I-Pace, its first electric vehicle (EV), to the Korean market Monday at the Paradise City hotel in Incheon, joining a growing number of EV automakers in the country. The luxury brand’s all-electric sport-utility vehicle…
Vietnamese policymakers are looking at ways to safeguard the domestic automobile industry against foreign rivals, based on an official document released by the government office. Vietnam’s automobile industry is expected to face more hurdles in the years to…
