Chinese automakers are about a decade away from being globally competitive and will have to increase their spending on research and development to close the gap, according to Sanford C. Bernstein & Co. Carmakers such as General Motors Co., Volkswagen AG and Toyota Motor Corp. are outspending Chinese brands on research and development and lead in engineering, said Max Warburton, an auto analyst a...

Toyota Korea out to woo local markets with hybrids, compact SUVs

Like a regular SUV, Hyundai’s fuel-cell-powered Tucson lets you cover about 370 miles on a single tank. Its silent power system and familiar six-speed automatic transmission make highways and city streets quieter than ever. In fact, there’s not much you can’t do with the hydrogen-cell Tucson that you can’t do with a regular Tucson ― except fill’er up. And, for the moment, afford’er. This isn’t t...

British carmaker bets big on All New Range Rover and the F-Type roadst

The Korea Herald, in cooperation with carmakers, offers a test-driving experience to executive officials at Korean or multinational companies and ranking diplomats here. The opinion above is the author’s own. For any inquiry into this column, please contact jylee@heraldcorp.com. ― Ed. My daily routine requires me to drive to many different places in Seoul, all at different times of the day, and ...

Toyota Motor Corp. and Ford Motor Co. led the four largest automakers by U.S. sales in reporting January gains that topped estimates, as buyers return to showrooms to begin a fourth consecutive year of growth. Toyota’s deliveries of cars and light trucks surged 27 percent and Ford’s climbed 22 percent, while General Motors Co. and Chrysler Group LLC sales each rose 16 percent, the companies said...

Mercedes said it sold 22,501 vehicles last month, its best January, helped the C-Class sedan’s 11 percent climb to 7,214. Brand sales for BMW increased 0.7 percent to 16,513 units, boosted by a 56 percent gain for its X5 sport-utility vehicle. Toyota Motor Corp.’s Lexus rose 32 percent to 16,211, led by the ES sedan, which more than doubled to 5,186 deliveries. The two German automakers are vyin...

GM Korea, Renault Samsung, Ssangyong join fast-growing niche for breakthrough

As General Motors Co. Chief Executive Officer Dan Akerson works on a global corporate reorganization, the decisions he faces are playing out in one of the company’s most important emerging markets: Brazil. The automaker is evaluating how it will structure management in the country after the former president of GM Brazil, Grace Lieblein, switched to head of global purchasing in December. GM is ho...