The number of imported vehicles on the road in South Korea last month passed 600,000 for the first time, reflecting growing demand for foreign cars.
Around 9,000 imported cars were registered in January, according to the Korea Automobile Importers and Distributors Association.
In 2011, the number of imported cars registered was 105,037, up 16% year on year and over 100,000 for the first time, according to separate data from the agency.
Aurora, Ontario-based global supplier and contract assembler Magna International on Friday (10 August) said second quarter 2012 operating income rose from $108m last year to $470m, with net income up$...
BMW South Africa plans to add China to the export destinations for its locally-built 3 series models later this year....
The recently expanded BMW-Brilliance car making joint venture will expand engine manufacturing in Shenyang, Liaoning province....
After announcing record sales for the first half of 2012 a month ago, BMW Group on Tuesday (7 August) said it had achieved a record sales result for July 2012 as sales worldwide rose 5% year on year t...
- THE WEEK THAT WAS - Scion and Ford workers' chop
- F23 2 Series Convertible & future BMWs
- Analysis - Bull market for Lamborghini
- Q&A – Delphi Chief Technology Officer, Jeff Owens
- Interview with Harman Connected Car division
- New Ford plant for Mexico & Prius rival - report
- Auto vacancies due to UK skills shortage - report
- VW Group quality chief leaves
- Volvo nixes range extenders
- Wrist smartphone speeds Ford quality checks