2012 Hyundai Sonata Receives its First Facelift in South Korea

Hyundai has blessed the South Korean market version of its Sonata mid-size sedan with its very first mild facelift. Just don’t blink because you may very well miss it.
The light cosmetic surgery on the outside brings a revamped front grille with a little bit less chrome on top and around the sides, plus new LED taillights at the back, reshaped mirror casings and a fresh choice of alloy wheel designs including a set of 18-inch multispoke rims.
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The Truth About the Relationship Between Hyundai and Kia

Hyundai and Kia have a strange, symbiotic relationship. They share factories, parts as well as engineering knowhow and product testing duties. And yet they remain separate entities with their own marketing, distribution and styling departments.
Michael Sprague, Kia’s VP for marketing and communication describes their relationships to the New York Times likes this:
“Kia Motors America operates as a completely separate sales, marketing and distribution organization in the United States. [Hyundai and Kia share engineering efficiencies] similar in many ways to other global automakers.”
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Ferrari World Design Contest: And the Winner is….

For the past few months, design students from 50 universities across the globe took up Ferrari’s challenge of designing a future supercar for the famous Italian brand. Now, following the completion of the second phase in which seven schools were chosen to move to the final round, we have a winner.
Drum-roll please…and the winners of the Ferrari World Design Contest are…the students from Seoul’s Hongik University. The South Korean school finished first ahead of the second-placed IED of Turin in Italy and London’s Royal College of Arts.
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GM Agrees to Pay Korean Workers a Record Bonus of $6,140 Each and Increase Basic Salaries by 4.7%!

The South Korean division of General Motors has agreed to a record bonus payment for its employees following a partial strike last week. This was the first organized union strike to hit GM Korea in three years and it led to a production loss of 9,700 units.
The agreement between GM Korea and the union includes a raise of basic salaries by 4.7% and, more importantly, a $6,140 (6.5 million won) bonus to each worker.
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Toyota and Honda want to Win Back Sales Share from Hyundai Sonata with New Models

Not too long ago, if someone told you that a South Korean model would challenge America’s best selling sedan, the Toyota Camry, you would have probably laughed in his or her face.
Needless to say, a lot has changed over the past few years with Hyundai and in particular its latest Sonata sedan, not only challenging, but this past May even surpassing the Camry in U.S. sales for the first time in history.
Of course, the fact that Toyota’s production capabilities were seriously affected by the aftermath of the March 11 earthquake, tsunami and nuclear disaster in Japan, played a significant role in Hyundai’s accomplishment.
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Renault Koleos SUV Refreshed for the 2012 Model Year

It’s only three years old, but it’s apparently time for the Renault Koleos compact SUV to receive its first facelift. The changes include an exterior makeover and new interior trim, plus noticeable CO2 and fuel consumption savings in the case of the crossover model’s range of diesel powerplants.
The first thing you’ll notice on the updated model is the brand new fascia, evidently inspired by the newly launched Latitude sedan, which like the Koleos, is the product of Renault Samsung Motors in Busan, South Korea.
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Argentina Agrees to Allow Hyundai and Kia Imports for Peanuts – Literally…

Argentina’s exports for imports saga continues, with South Korean carmaker Hyundai agreeing to export peanuts, wine, biodiesel and soy flour to offset the US$91 million (€64 million) it added to Argentina’s growing trade deficit in 2010. Partner company / subsidiary Kia has agreed export white goods and plastics for their contribution.
The South American nation’s US$6 billion (€4.19 billion) trade deficit has already led to one Porsche distributor agreeing to export wine and olive products, while similar deals have been struck with carmakers Chery, GM, Peugeot-Citroen, Alfa Romeo, Mercedes-Benz, Volkswagen, Fiat and Ford.
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Renault Samsung Debut New SM7 Saloon in South Korea

The Renault-Nissan alliance’s South Korean subsidiary Samsung has presented the production version of its SM7 sedan model, which was displayed as a thinly disguised concept car at the 2011 Seoul Motor Show this past April.
Putting aside some minor details such as the lower parts of the front and rear bumpers, and the less extravagant choice of alloy wheels, nothing else has changed from the concept model.
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Japanese and South Korean Car Sales Plummet in November

Sales of new cars in Japan and South Korea dropped by nearly 30 percent last month, confirming that the downturn in the auto industry is global. According to data provided by the Japan Automobile Dealers Association, November car and truck sales in Japan fell 27.3% to 215,783 units from the same month a year ago, marking the worst November in more than 30 years. Sales of mini cars with engines smaller than 660cc (0.66-liters) were down by 0.7% to 153,101 units. Overall, the Japanese car market fell 18.2% in November from a year earlier to 368,884 vehicles. Japan's largest automaker, Toyota, saw its sales fell 27.7% while Honda dropped 21.6%, Nissan 29.5% and Mazda 33%.

In South Korea, domestic car sales in November plunged 27.2 percent to 74,217 units from a year earlier. The country's biggest carmaker, Hyundai, reported a 34 percent decline while sales at GM's Daewoo unit plunged 57 percent. Surprisingly, Kia, ranked second in South Korea, recorded an increase of 3.7 percent in auto sales compared to last November.

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Renault Samsung QM5 SUV Image Gallery

Based on the Nissan Qashqai platform, the Renault Samsung QM5 SUV will go on sale in the South Korean market in early December where it will be available initially with a 2.0-litre turbodiesel engine. In 2008 the Korean built QM5 will come to Europe under the Renault brand as the Koleos. Follow the jump for the full image gallery or click here to check out our previous article on the QM5. -Continued


Pics via: autojoins
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Nissan To Enter Korean Market In 2008

Did you know that the Nissan brand was absent from the Korean market? We sure didn’t. But anyway, that’s going to change shortly as Nissan Motor Company unveiled plans to bring the Nissan brand to Korea in 2008. Oddly, Infiniti has already been introduced in Korea two year’s ago. Nissan Korea Ltd. plans to set up a dedicated dealer network for the Nissan brand and will begin dealer selection in coming months.The first Nissan models to be introduced in the Korean market will be the crossover Rogue, the mid-size Murano SUV, and the Altima. -Continued after the jump
Colin Dodge, Senior VP, General Overseas Market, NML, said: “Infiniti has performed extremely well in the Korean market, rapidly becoming one of the leading luxury brands. With growing demand for import cars, it is the optimal time to introduce the Nissan brand. Korean customers have a keen appreciation of excellent design and quality while demanding top-notch service and competitive pricing. We believe our ability to deliver in all these areas will make the Nissan brand very successful here.”
According to Gregory Phillips, president of Nissan Korea Ltd., a separate project team analyzed the preferences of Korean customers to prepare for the introduction of the Nissan brand. “We will be able to use our success with the Infiniti brand as a guide in helping to make Nissan one of the leading brands in the Korean market,” Phillips said.
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