Hyundai Motor has announced that it will unveil a new work of art, which embodies the company’s design philosophy, at Milan Design Week 2015 being held on April 13.Hyundai Motor will reveal the second version of “Sculpture in Motion,” a piece of kinetic art which was created in cooperation with worl
Although the number of operating days in February were reduced both by the shortness of the month and the Lunar New Year holiday season, the sales of imported cars increased 21 percent year-on-year. This increase stands in sharp contrast with those of domestic carmakers, which recorded the lowest sa
New registrations of imported automobiles reached highest number on record last month.On Feb. 5, the Korea Automobile Importers & Distributors Association (KAIDA) reported 19,930 units of newly-registered imported cars in January. This figure is 34.2 percent higher than the same month last year, and
The total amount of exports of complete vehicles in 2014 reached US$48.9 billion (53.35 trillion won), recording an all-time high. However, the figure is up only 0.6 percent from US$48.6 billion (53.03 trillion won) of 2013.Overseas shipments of vehicles stood at 3.061392 million units, down 0.9 per
BMW continued to take the lead again in the local import automobile market last year. However, it will become more difficult to predict the future, because the competition of Mercedes-Benz and Volkswagen can't be ignored.According to the Korea Automobile Importers & Distributors Association on Jan.