The 2017 Spark is characterized by a new

The 2017 Spark is characterized by a new “basic” trim. It is equipped with basic safety and convenience items while reducing the purchase burden by lowering the price. The current Spark uses high-tensile and ultra-high-tensile steel sheets on 71.7 percent of its body, and is equipped with eight airbags, including side airbags, curtain airbags, and rear airbags.
In addition, the new transmission easytronic will also be applied for the first time (only for LT and LT Plus). The company explains that by combining the advantages of a manual transmission and an automatic transmission, it can enjoy both automatic convenience and high manual efficiency. There is no separate clutch operation, but the driver can choose manual mode depending on driving conditions. Spark with easytronic system will be on sale from mid-June.
According to Chevrolet on Wednesday, the EZTronic is a manual-based automatic transmission, and is the third transmission following the previous manual and continuous transmission (C-Tech). Combining only the advantages of manual and automatic transmission, it provides high efficiency and convenience at the same time. Normally, a separate clutch operation is not required, but the driver can choose manual mode depending on driving conditions. Spark’s “Knife” has already introduced the technology.

The biggest advantage of EasyTronic is its high efficiency and low unit price. In fact, Spark has the highest composite efficiency at 15.2km/L when equipped with a manual transmission, followed by EasyTronic (14.7km/L) and C-Tech (14.3km/L). In addition, unlike the cost of choosing C-Tech reaching 1.63 million won, EasyTronic is only half the price at 800,000 won. It is explained that C-Tech installation, which is relatively expensive, can be a reasonable alternative for burdensome consumers.

However, since the vehicle is based on manual operation, it can cause emotional impact when shifting gears. This means that it is difficult to expect a comfortable ride that is comparable to an automatic transmission. Some people say that they will be able to experience the fun of manual operation. The company is also fully aware of this. “It is meaningful that it guarantees consumers a wide range of options when they are agonizing over whether to ride or drive a car, or economical feasibility,” GM Korea said. “We expect that it will bring about niche demand that has not been approached before.”

In addition, the company introduced a basic trim that slightly eases marketability to price-sensitive passenger van and LS trim. By removing speed-sensitive door locks, shock-sensitive door locks, floor mats, trunk shelves, and driver’s power windows, the price was lowered by 350,000 won to 400,000 won.
According to GM Korea on Tuesday, Chevrolet Camaro SS has newly designed all parts except for the emblem and SS lettering. It is built based on the new lightweight rear wheel drive architecture. The exterior looks like the muscles of a sleek and strong sprinter. The aerodynamic design is chosen to enhance downforce. The sleek HID headlamps and LED daytime running lamps give the charm of musl cars with modern interpretations.

The interior is ergonomically designed to focus on high-performance driving. While inheriting the design concept of the first-generation Camaro, it offers a total of four driving modes including an 8-inch color supervision cluster and a track mode. In addition, luxurious finishing materials and leather are applied, and ambient lighting that can be set in four colors is provided.

The dynamometer combines the V8 6.2ℓ engine with an 8-speed rear-wheel hybrid automatic transmission to perform up to 455 horsepower and up to 62.9kg·m. In addition, magnetic ride control, high-performance Brembo brake system, rear-wheel independent 5-link suspension, and torque vectoring system were applied to detect road conditions more than 1,000 times per second and control damping.

It is priced at 50.98 million won. The pre-contract will begin upon the release of the motor show. Detailed specifications that have been certified in Korea will be disclosed in time for the sale in the second half of the year.

James Kim, president and CEO of GM Korea, said, “The Camaro is a symbolic vehicle that represents Chevrolet’s identity and the brand’s technological prowess, and its unique strong image is imprinted in the minds of consumers,” adding, “The Camaro SS, which has returned to a more advanced design, high-tech function, and 8-cylinder powertrain, will make a splash in the domestic sports car market.”

“Spark is Chevrolet’s flagship product and the leader of the light car market in Korea,” a Chevrolet official said. “We are continuing to make various attempts to satisfy as many consumers as possible.” “We will provide a variety of options from products that maximize economic feasibility to trim that is optimized for performance and environmental performance,” he said.

Meanwhile, the prices are 9.99 million won for LS Basic, 10.36 million won for LS, 11.34 million won for LT, 12.06 million won for LT Plus, 12.91 million won for LTZ, 14.3 million won for fashion edition, and 15.09 million won for Perfact Black edition (based on manual transmission). For the month of June, benefits such as a 500,000 won cash discount or a 1.9% ultra-low installment program are granted.

The prices are 9.99 million won for LS Basic, 10.36 million won for LS, 11.34 million won for LT Plus, 12.06 million won for LTZ, 14.3 million won for fashion edition, and 15.09 million won for Perfact Black edition (based on a manual transmission). Benefits such as a 500,000 won cash discount or a 1.9% ultra-low installment program are granted during the month of June.

New colors such as gun gray, modern black, and party red were added to the 2017 model. The eco LTS trim introduced a 15-inch two-tone alloy wheel. The perfect black edition has a 15-inch alloy wheel, a two-tone artificial leather seat, a dedicated decal and outside handle, and a floor mat.

Volvo car dealers have recently started pre-booking for the new V60

As pre-contracts are concentrated on the XC40 inspection, which Volvo Cars Korea will release next month, some vendors are known to guide the waiting period for up to three years.

According to Volvo Choria on the 5th, the compact SUV ‘XC40’, which was launched in Korea in June, will sell the Momentum and R-Design trim first and then introduce the inspection in December. However, given that there is little demand for Momentum, the basic trim, and the popularity of R-Design has been high over the past four months, the company has changed its route to import only R-Design and Inspection from December volume excluding Momentum. The number of consumer deliveries will increase from an average of about 70 units to 150 units per month.

Volvo car dealers have recently started pre-booking for the new V60 Cross Country, which was unveiled at the Paris Motor Show.

The company said that the smartphone application T-map and Kakao Navi electronic map service will be available for major models as Apple’s operating system IOS was recently updated to version 12. External apps can now be imported from Apple CarPlay for models with the latest SPA and CMA platforms such as XC90, XC60, XC40, S90, and CrossCountry (V90).

T-Map and Kakao Navi are the most commonly used electronic map applications in Korea. They are evaluated as being more optimized for the domestic usage environment than the existing map service provided by Apple. Apple’s CarPlay has provided unprecedented support for third-party navigation apps since the IOS 12 update, which is expected to increase its use as an infotainment platform for automobiles like Google Android Auto with Kakao Navi.

According to the imported car industry on Wednesday, the new V60 CC will be released in Korea around February next year. Under the CC product priority strategy, the new V60 CC will be introduced earlier than the sedan S60 and wagon V60. However, a number of retailers are making unofficial advance reservations in the wake of a series of consumer inquiries about the V60 CC.

The donation is one of the social contribution activities and is designed to contribute to the development of the domestic automobile industry and the development of professional talent, and will be used as various automobile education and practical equipment. The delivered car is equipped with S60 cross-country (equivalent to KRW 49.7 million), adaptive cruise control (ACC) and active high beam control, and technology to detect pedestrians and bicycles.

To strengthen off-road performance, it has been equipped with a basic four-wheel drive at all times, and has added an anti-slip device, an electronic posture control device, and corner traction control. The platform shares the Scalable Product Architecture (SPA) introduced in the latest 60 and 90 series and has an advanced driving assistance device and infotainment system. Pilot assist, a semi-autonomous driving system, provides acceleration, braking, and steering support at a maximum speed of 130 kilometers per hour, and the auto brake system detects and automatically controls pedestrians, bicycles, and animals.

The dynamometer will be released as T5 and D4, mild hybrid and plug-in hybrid. The T5 2.0-liter gasoline engine will exert up to 245 horsepower, and the D4 2.0-liter diesel engine will produce up to 190 horsepower. The specifications of the mild hybrid and plug-in hybrid to be added will be revealed in the future.

“We hope that the donated car will greatly help students learn a wide range of automobile expertise,” said Song Kyung-ran, managing director of Volvo Korea. “We will continue to do our best as a Swedish brand that is active in socially responsible management through various domestic social contribution activities.”
The V60 CC increases the minimum ground height of the wagon V60 by 75mm and is equipped with a dedicated chassis and suspension to improve off-road driving performance. It shares the Scalable Product Architecture (SPA) platform that was introduced in the latest 60 and 90 series, and introduces advanced driving assistance devices and infotainment systems. Pilot assist, a semi-autonomous driving system, provides acceleration, braking, and steering support at up to 130km/h, and the emergency automatic braking system operates by detecting pedestrians, bicycles, and animals.

The dynamometer is expected to introduce gasoline T5 and diesel D4 with a 2.0ℓ engine displacement applied with downsizing drive-E technology. The T5 exerts a maximum of 245 horsepower, and the D4 can produce 190 horsepower. It is equipped with a 4WD drive system as standard at all times, and has added a slope prevention device, an electronic posture control device, and corner traction control.

An official from a sales company said, “The Volvo Cars are always making product inquiries and reservations even before the launch of new cars because the global production scale is not large compared to other brands and the volume is limited,” adding, “V60 CC is also being booked in line with the overseas release earlier this month.”

Although the XC40 is a compact SUV, it is known that consumers have strong misgivings for luxury. The R-Design, which is 2.6 million won more expensive than the Momentum, emphasizes the design with a black front grille, door mirror cover, and roof details, and is equipped with 19-inch alloy wheels. The interior is wrapped in Napa leather and R-Design logo is added everywhere to express its personality. In addition, the inspection, which costs 50.8 million won, reveals its presence with a dark gray front grill, while the interior is luxurious with leather seats, steering wheels, drift wood decoration, and floor mat. The glossy silver skid plate and exhaust pipe at the back reveal at a glance that they are of the highest quality trim.

Encounter Trim, which started pre-contracting, has been confirmed to have a waiting volume of at least one year to as long as three years. Although it varies depending on the number of imports and the schedule, it is unlikely to be able to advance it much earlier due to the nature of Volvo Cars, which have not seen any drastic changes in supply and demand schedules. It is said that only about 20 units were allocated every month by one company, but more than 700 consumers applied for pre-contracting. In other words, contractors have to wait three years to finally receive their turn. However, more consumers are expected to repeatedly sign contracts and departures while waiting for a long time. A sales official said that the company should be cautious about early pre-contracting because it has to be ordered to wait again in this case.

An official of the Volvo Cars said, “It is expected to increase the volume of XC40 from next month, but it is already expected that it will increase the volume of XC40

Volvo Trucks announced on the 21st

Volvo Trucks announced on the 21st that it has signed a contract with Norway’s ø ø Kalk AS to provide a self-driving solution for transporting limestone from open-air mines to nearby ports.

“The demand for global transportation is changing at a rapid pace and the industry is demanding solutions to stay ahead,” said Volvo Truck President Klass Nielsen. “Volvo Truck aims to become a leader in the development of products and services that can meet these needs.”
The suspension is rather firm, but it sufficiently compensates for the impact of unevenness, so you don’t feel tired even when driving for a long time. The weight of the steering wheel is light, so it will not be difficult to operate even for female drivers. In addition, she is excellent at changing lanes rapidly or moving around corners even without considering that she is an SUV. It was not easy to find shortcomings compared to competitors such as interior and exterior design, driving performance, and convenience and safety items.
According to the company, Volvo Trucks will operate six Volvo FH trucks equipped with an autonomous driving system under the contract to transport limestone collected from mines in Calk, Bronx, to a nearby port through a 5-kilometer tunnel. To this end, Volvo Trucks is conducting pre-testing and plans to commercialize it at the end of next year.
The global “SUV craze” was a big opportunity for Volvo Cars. Starting with the new XC90 in 2016, the company released the second-generation XC60 and small SUV XC40 one after another last year, completing the “XC Range,” the strongest SUV lineup ever, with sales growth and brand image rising at a premium.
Based on the new platform SPA, the second-generation XC60 has increased the length and width, while lowering the height to achieve a dynamic posture. The wheelbase has been increased by 90 millimeters to expand interior space. The application of the new platform has improved both design completeness and practicality. The interior faithfully embodies the nature-friendly Volvo’s Scandinavian design, including a wood trim with a grain of wood and a sheet with a brown Nappa leather material.

The test drive is the gasoline T6 Inspiration. It combines a four-cylinder 2.0-liter engine with an eight-speed automatic transmission to produce up to 320 horsepower and up to 40.8 kg·m. Combined efficiency is 9.4 km per liter, the same engine as the XC90, and the performance is ample just by looking at the figures. Meeting a small XC60 makes it difficult to move. It goes smoothly from initial acceleration to speeding up without any stress.
The flagship second-generation XC90 is a car that truly contains Volvo’s legacy and brand philosophy. Its existing strength is safety, and it has been reborn as a luxury SUV that transcends identity. It is said that it has successfully established a new Volvo design identity, paving the way for the successful settlement of the XC60 and XC40 family look.

Sales of the XC range are eye-watering. If the current popularity continues until the end of this year, it is expected to grow by more than 600 percent compared to 2013. Such gusts in Korea are leading to a shortage of supplies. Some products require more than a year to wait. The background of the unprecedented market reaction is the marketability that overwhelms competitors in all areas, including design completeness, driving performance, and cutting-edge items of the XC range. Volvo’s present and future “XC range” was encountered in Gangwon Province.
The test drive is the D5, which combines a four-cylinder 2.0-liter diesel engine with an eight-speed automatic transmission. It has a maximum performance of 235 horsepower and 48.9 kilograms·m. In particular, it adopts the “power pulse” technology, which stores compressed air in a tank and supplies it to the turbocharger immediately after starting or when accelerating. Volvo explains that this can minimize turbo-lag. Moreover, it can reach 0→100km/h in 7.8 seconds, which is not suitable for its size.

As a result, there may be prejudice against vehicle-class models, but the opposite is true when you take a step back. Although gasoline models have recently attracted attention from mid-sized SUVs, they still think it is unreasonable to follow diesel models with their initial acceleration and generous power. The D5 in particular clearly demonstrates why diesel models are highly preferred in mid-sized SUVs due to their loose movements.

This contract is in line with self-driving projects implemented in the fields of mining and sugarcane harvesting and waste collection. Bronoy, however, did not purchase self-driving trucks, but rather purchased a solution that focused on the transportation of limestone between the two hubs. As a result, Bronoy will purchase the total transportation service and pay the price based on the weight of the limestone being transported
The overall sense of driving feels like a sedan and the suspension is hard, so it is possible to drive stably as it is a model with a relatively high center of gravity. Quietness is also quite impressive in that it has the aspect of a flagship SUV as an active NVH measure. It can be a factor that can be used as a protocol car.

▲XC40, Multi-Compact SUV

Through the XC40, Volvo Cars has pioneered a new segment called a compact SUV. The XC90 and XC60 had mixed market expectations and concerns over the XC40, but the result seems to be leaning toward success. Volvo’s unique design identity has been well melted down to match the vehicle’s class level, and its abundant convenience and safety features that cannot be matched by its peers, as well as its space utilization, which overcomes the limitations of its class level, are considered its biggest strength.

The power train is T4, a gasoline 2.0-liter turbo. It produces up to 190 horsepower and up to 30.6 kg·m of power, and secures 10.3 km per liter of 8-speed automatic transmission, combination and efficiency. By installing AWD as a standard, it does not focus solely on urban driving even though it is a small SUV.

inevitably affect batteries

Until recently, it performed relatively well due to strong battery sales centered on premium models and the operation of new lines, but if the industry of the finished car industry, which is a front-end industry, is sluggish, it will inevitably affect batteries, which are key components.
According to the industry and foreign media on the 29th, Tesla announced on the 18th (local time) that its third quarter performance was so sluggish that it was called an “earnings miss,” raising the possibility of sluggish demand for electric vehicles due to high interest rates and the global economic downturn.
Considering various external variables, LG Energy Solution predicted that sales growth in the fourth quarter of this year will decrease compared to the third quarter, and next year’s demand will fall below expectations, falling short of this year’s level.
If former President Donald Trump wins as a Republican candidate, there is a possibility that the policy of expanding the supply of electric vehicles, which the Democratic Joe Biden administration has been pushing for, will be revised.

Former President Trump is also targeting the votes of U.S. automobile workers by highlighting that the number of parts is expected to decrease due to the nature of electric vehicles with fewer parts than internal combustion locomotives.

The domestic battery industry, which has continued to make large-scale investments in North America, is also concerned about negative consequences such as reducing the Advanced Manufacturing and Production Tax Credit (AMPC) under the U.S. Inflation Reduction Act (IRA).

An industry official said, “It is true that the prolonged global economic recession and weak demand, major automakers’ pace of electric vehicle business control, and the possibility of the U.S. government’s change in electric vehicle policy following the results of next year’s presidential election add uncertainty to the battery industry.”
Although the global electric vehicle market has slowed in the second half of this year due to each country’s high-interest rate trend, it is observed that there is no doubt that the electric vehicle and battery market will continue to grow as governments are still driving on eco-friendly policies and major automakers are still willing to push for mid- to long-term electricity.

◇ “Market growth in the mid to long term”…A series of “battery orders” nangbo

Some analysts say that the pace of global automobile manufacturing and investment in electric vehicles could serve as a positive factor for the Korean battery industry. SK On and Ford’s plan to postpone production of their second plant in Kentucky is cited as an example.

“In an environment where demand for electric vehicles is not as strong as expected, Ford also adjusted its investment speed in consideration of the increased losses caused by the UAW strike,” said Cho Hyun-ryul, a researcher at Samsung Securities. “Considering that the construction schedule is maintained, it did not mention the timing of operation, but it would have been slightly delayed from mass production in 2026.”

“It was quite burdensome for SK On to operate four plants with a total of 162 GWh from 2025 to 2026, including Hyundai Motor’s joint venture plant in addition to Ford,” researcher Cho said. “If we operate the second plant in Kentucky after 2027, it will play a positive role in terms of SK On’s profit and loss.”

As the domestic battery industry is winning a series of big orders from global automakers, some predict that it will pass the slowdown in the electric vehicle market.

Early this month, LG Energy Solution announced that it signed a long-term supply contract with Toyota, the world’s No. 1 automaker, with a capacity of 20 gigawatt hours (GWh) per year. This is the largest-ever contract for LG Energy Solution excluding the joint venture plant, and the product will be produced at its Michigan plant in the U.S.

Samsung SDI also made good progress by signing a battery supply contract with Hyundai Motor for the first time. It is a contract to supply batteries to electric vehicles to be produced and released in Europe between 2026 and 2032. Samsung SDI will supply P6s of sixth-generation prismatic batteries produced at its plant in Hungary, with a volume of approximately 500,000 electric vehicles.

However, the company plans to focus on strengthening competitiveness from a long-term perspective, such as strengthening product competitiveness, promoting smart factories, and securing value chains (value chains), believing that such volatility in the electric vehicle industry will not last long.

Samsung SDI also said in a conference call on the 26th that it does not view the current situation negatively, saying, “If the economic downturn continues, it could affect short-term demand,” but added, “As a result of checking in various ways, the dominant opinion is that there is no change in mid- to long-term demand for electric vehicles.”

Tesla CEO Elon Musk emphasized the reality facing the electric vehicle industry during the earnings conference call, saying, “No matter how well you do it in the stormy economic conditions, you can go through a difficult period.”
Traditional automakers such as General Motors (GM) and Ford have also recently announced a series of measures to control the pace of electric vehicle production and investment as the burden of the prolonged UAW strike overlaps with the slowdown in electric vehicle market growth.
This is because weak consumer sentiment due to continued high interest rates and slowing economic growth, sluggish recovery in demand for electric vehicles in Europe, and controlling the pace of electrification by major automakers are feared to hamper sales growth.

LG Energy Solution, South Korea’s largest battery company, predicted in a conference call on its third-quarter earnings on the 25th that “the business environment for the fourth quarter of this year and next year will not be easy.”

Considering that LG Energy Solution posted its best-ever quarterly performance with an operating profit of KRW 731.2 billion in the third quarter of this year, up 40.1% from the same period last year, it gave a conservative outlook.

GM recently announced better-than-expected third-quarter earnings but said it would scrap its original plan to produce 400,000 electric vehicles over the two years from mid-year to mid-year to reflect the slowing demand for electric vehicles. It has also decided to postpone the start of its electric vehicle plant in Michigan by one year.

Ford announced its third-quarter earnings below expectations, reducing $12 billion (about 16.26 trillion won) of its previously planned electric vehicle investment and delaying the operation of its Kentucky 2 plant, which is scheduled to be built in collaboration with SK On.

As the plans of major U.S. automakers were announced one after another, the stock prices of the top secondary battery-related stocks in the Korean stock market fell noticeably on the 25th and 26th, causing the entire market to falter.

the largest shareholder of Ssangyong Motor,

According to a report by the Economic Times (ET), an Indian English-language newspaper, on Thursday local time, Mahindra, the largest shareholder of Ssangyong Motor, said it has entered into negotiations with multiple automakers to resolve the crisis it is facing. It added that Ssangyong may offer a partial stake in the deal as well as technology transfer. The company plans to get out of the crisis through strategic alliances and investments.
Some interpreted that the possibility of alliance with existing manufacturers in other fields was also open, like LG Chem. In particular, it predicted that it could dominate the market in the electric vehicle SUV field by establishing an electrification system. Mahindra did not elaborate on this, saying, “We are considering negotiations with all options open.”

“Mister Trot Tomorrow” is a trot audition program that begins in the new year and goes on a journey to find “Korea’s best trot man who will nest in the hearts of 50 million people.” The first episode will be broadcast at 10 p.m. on January 2. The previous episode, “Mistrot Tomorrow,” caused explosive repercussions, recording 18.1% of the highest ratings ever for a comprehensive programming channel and 100 million views of digital content including YouTube. It is said to have opened a second trot heyday in Korea by producing fresh trot newcomers such as Song Ga-in (Mistrot Jean), Jung Mi-ae and Hong Ja.

Following Chesterfield in the U.K. this month, Ssangyong Motor has added new dealers to Bridg North. In Germany, about 200 German dealers and local dealers were invited to hold an annual conference of German dealers at Fantasia Land in Brüll, northwest Germany on the 3rd (local time) to review performance, award excellent dealers, and share business plans for 2020. On the 6th, in Ireland, about 30 local media and dealers were invited to the Dublin headquarters of an Irish agency to introduce the Korando and share their business plans and marketing plans for 2020. In Spain, they participated in an automobile exhibition held in Valencia from the 5th to the 8th of this month to display Tivoli and Korando.

The final winner of the new Mr. Trot will be awarded 100 million won in prize money and Ssangyong’s G4 Rexton. The G4 Rexton offers comfort by applying high-end materials and convenience items as well as relaxed interior space unique to large SUVs. It will also be equipped with a quad frame made of ultra-high tension steel, nine airbags and advanced safety technology to ensure high safety.

Meanwhile, Ssangyong posted 11 straight quarters of losses through the third quarter of this year. Its third-quarter operating loss amounted to 105.2 billion won, and its cumulative sales in the first 11 months of November were 122,312 units, down 5.1 percent from the same period last year.

If the Korando C is well known to domestic consumers, Musso is a memorable name overseas. It was launched in 1993 and was designed by Ken Greenley, a professor at the Royal College of Arts, and the dynamometer used Mercedes-Benz diesel to attract public attention for its excellent design and performance. In fact, Musso won the Best Design Award at the Birmingham Motor Show in 1994, the Best Car in the All-Wheel Drive category at the Birmingham Motor Show in the UK in 1996, and the Best 4WD in Australia in 1997. As popular as the award winning record, it surpassed 10,000 units in production within three years of its launch, topped the African all-wheel drive market share in 1996, and surpassed 200,000 units in 2000.

The Korando Sports took over the title of Musso, which disappeared in Korea. British vendors actively demanded the revival of Musso. The fact that British designs were applied to Musso’s development in the early days helped it catch the attention of British consumers. “Musso has yet to be forgotten by British consumers,” a Ssangyong official said. “We made them use the name of Musso at the request of local dealers.”

Pawan Goenka, CEO of Mahindra & Mahindra, said, “We are consulting with Ssangyong’s management by mobilizing various methods, including Korea Development Bank (KDB), third-party investment, and additional investment of Mahindra’s stake. Among them, we are focusing on creating synergies by integrating Ssangyong with our alliance partners.” Local sources said it is the first time that a major shareholder directly mentioned problems and strategies of Ssangyong.

According to Ssangyong Motor on Wednesday, the Korando was produced by Ssangyong’s predecessor, Shinjin Motors, under the name Jeep. When the Jeep was no longer available in 1983, the company changed its name to Korando, which means “Korean can do.” In 2005, the company changed its name to its successor, Actian, but revived the Korando after learning that the Korando is strongly embedded in consumers’ perception. Accordingly, the third generation called the Korando sub-name “C” to create a luxurious SUV. “The Korando C represents the Korando family along with the Korando Turismo and Korando Sports,” a company source said. “The latest fourth-generation Korando has enhanced marketability as its 1.5-liter gasoline engine has acquired certification of three types of low-emission cars in addition to improving convenience items.”

The industry analyzed that Ford, which established a joint venture with Mahindra, is highly likely to be included in the alliance partner. The two companies announced in October the establishment of a joint venture worth 275 million dollars. Mahindra took 51% of the shares and Ford took 49% of the shares. For this reason, there are speculations that a “triangular alliance” between Mahindra, Ford and Ssangyong may be underway. The joint venture will take a certain stake in Ssangyong Motor and transfer the technology of the joint venture to Ssangyong Motor. If the triangular alliance becomes a reality, Ssangyong will reduce development costs and time, and furthermore, it will be easier to target the U.S. market.

Ssangyong Motor is on paid leave due to management

Ssangyong Motor is on paid leave due to management difficulties after all of its labor and management returned to work in 2019 to faithfully implement social agreements

It announced on the 24th that it has agreed to deploy those who are reinstated from their jobs as of May 1st.

Ssangyong’s labor and management agreed on measures to reform management, including suspension and reduction of welfare, in September last year to secure future competitiveness, and all employees’ wages in December

and laid-off workers who have been reinstated at a time when high-intensity management reform measures such as returning bonuses and implementing the office rotation sabbatical (paid leave) are being pursued

It was also converted to paid leave (70% of ordinary wages) accordingly.

As these measures to strengthen corporate competitiveness are carried out smoothly, representatives of the four parties (Ssangyong Motor, Ssangyong Motor’s labor union,

Ssangyong Motor Branch of the Korean Metal Workers’ Union, the Presidential Committee on Economic, Social and Labor) received its first award on the 21st of last month to resolve the issue of reinstated workers

Since holding the Living Development Committee, the plan has been discussed through three additional discussions.

As labor and management reached a final agreement after four win-win development committees, 46 paid leave workers will be assigned to departments as of May 1st and two months

On the Job Training (OJT) and work training between Gan will be conducted on July 1st.
Ssangyong Motor announced on the 17th that Rexton Sports has surpassed 40,000 units in domestic sales for the second consecutive year.

Rexton Sports (including Cannes) sold 41,717 units in 2018 and 41,328 units in 2019, reaching 40,000 units for the second consecutive year

Rexton Sports, which was launched in January 2018, surpassed 2,500 units in four days of pre-contracting and 20,000 domestic sales in six months of its launch

It led to the growth of domestic demand.

Rexton Sports has the unique style of ‘the only open SUV in Korea’ and introduces G4 Rexton’s premium interior and convenience items

While sharing, it attracted attention for its excellent economic feasibility such as reasonable sales price and low automobile tax (28,500 won). In January 2019, enemy

It has expanded its choices by launching the long-body version of the Rexton Sports Khan, which greatly improves its talent. In addition, it has a maximum loading weight of 700 kg

(Powerleaf suspension), differential gear locking (LD) that improves driving and towing capabilities in a variety of environments

Differential) application has given infinite possibility of change to lifestyle.
According to local media such as the Economic Times and Mint on the 12th, President Pawan Goenka said in Mumbai the day before, “We have secured related funds by the end of March.”

I hope so,” he said.

President Koenka said, “We will put 300 billion won into Ssangyong Motor’s operating funds and use the rest to repay existing debts.”

He said the funds will be raised through existing assets and new loans, adding, “Through this, Ssangyong Motor, which is in the red, will lose money from this year.”

“We will significantly reduce it, and we will reach a profit or loss balance in 2022,” he added.

In addition, Mahindra is expected to attract equity investments from other automakers.

However, Goenka did not specifically mention the size of Mahindra’s direct investment.

Earlier, during his visit to Korea last month, Koenka said that he would succeed in turning a surplus in three years through global partnerships with Ford

He had asked the government for support. He reportedly announced a direct investment plan worth 230 billion won at the time.

Ssangyong explained that Koenka’s remarks were the same as what he said during his visit to Korea last month.

An official of Ssangyong Motor said, “The 500 billion won needed to normalize Ssangyong by 2022 is about 230 billion won in Mahindra investment, as already stated,

Ssangyong Motor’s labor-management self-rescue efforts will raise more than 100 billion won and the sale of non-business land, and the insufficient amount will need support from the Korea Development Bank

It’s for the purpose,” he said.

Currently, Ssangyong Motor is very difficult to manage due to accumulated deficits.

After being acquired by Mahindra in 2011, Ssangyong succeeded in turning into a surplus for the first time in nine years in 2016 thanks to the popularity of Tivoli.

The G4 Rexton, which was released afterwards, also received a good response, but as profitability deteriorated due to increased depreciation costs, it returned to the red for the first time in a year

It turned around. Since then, the deficit has continued for 12 consecutive quarters.

Last year’s consolidated operating loss was KRW 281.9 billion, up 339.3% from the previous year. Sales were also 135,235 units, compared to the previous year

All fell by 5.6%.
Ssangyong Motor announced on the 10th that it will actively strengthen marketing in European markets such as Belgium, Germany, and the U.K. this year to expand exports.

Ssangyong Motor (1,890.00%) participated in the 2020 Brussels Motor Show held in Brussels, Belgium last month, displaying 14 vehicles and promoting them

The company moved to participate in the 2020 Vienna Auto Show in Vienna, Austria, and invited local dealers to meet sales targets

We discussed a plan for.

Expectations were high for the Korando CNG (compressed natural gas) model, which will go on sale in the first quarter. Korando gasoline (1.5 liters)

The Korando CNG applied to the Turbo) model is a bi-fuel type vehicle that uses both CNG and gasoline as fuel.

“Ssangyong Motors did quite well until the first quarter of last year, but the situation has worsened dramatically since then,” Goenka said.

He said, “The Korean automobile market is moving rapidly from diesel cars to gasoline cars, but Ssangyong is heavily dependent on diesel cars.”

He explained one reason for the poor management.

According to reports, Ssangyong Motor will increase sales through new export markets such as Russia and Vietnam as well as management reforms such as cost reduction

It is also receiving favorable reviews in the global market. The 2020 Pick of the Year was selected by the British four-wheel drive magazine “Four by Four” last month

The best pickup (£28,000) was also on the “2020 Car of the Year” released by the automobile magazine “What Car.”

(hereinafter referred to as ‘).

This agreement is made by Ssangyong Motor’s labor and management despite difficult conditions in the overall automobile industry, such as the supply and demand of parts due to COVID-19 from China

It was decided on a grand scale after much consideration to faithfully conclude the social consensus.

In 2018, CEO Roh Moo-hyun said

Audi Korea announced on the 15th

Audi Korea announced on the 15th that it will expand and open a workshop dedicated to sheet metal and painting services at the Sasang Service Center (operation: Yukaro Automobile).

Audi Korea has opened a new exhibition hall, but the background is drawing attention as it has been temporarily opened.

According to the imported car industry on Tuesday, Audi Korea recently opened Songpa-daero exhibition hall (operation: Kolon Auto) at 8-gil 2-gil, Chungmin-ro, Songpa-gu, Seoul. It is one-stop shop for exhibitions, purchases, and consultations at one place, and is adjacent to Garden Five and Songpa Interchange on the Seoul Outer Ring Expressway. However, manpower management remains at half the usual level, as there is only one R8 product available for sale and the timing of introduction of additional models has yet to be determined.
Despite this, Audi Korea is speeding up preparations by conducting technical training sessions for the A6, A7, and Q7 at Inje Speedium in Gangwon Province, ahead of its resumption of business next year. The company is also certifying new cars including the smaller SUV Q2, the A5 sports bag and the A8.

The industry expects that the business will resume in earnest after February next year at the earliest. The instructions needed to prepare for the business have not yet been delivered to the seller. “The importer has not mentioned anything about the resumption of the business yet,” a sales representative said. “We expect the business to normalize within the first quarter of next year.”

Meanwhile, Audi Korea is currently implementing an Audi Progress campaign that emphasizes service. Through this, the company plans to build brand trust.

Initially, the Songpa-daero exhibition hall was scheduled to be officially opened on the 16th of this month, but it was converted to a temporary opening due to the difficult situation. Audi Korea explains that only service centers available to existing consumers are operating normally, but the new exhibition hall will be officially opened with the resumption of business.

Sasang Service Center has 22 work bays with a total floor area of 3,251㎡, which is about three times larger than before. It has strengthened professional and systematic services by establishing a booth dedicated to aluminum body repair and a workshop dedicated to sheet metal and painting services with the latest equipment.

In addition, by separating sheet metal and painting services and spaces dedicated to general inspection and warranty repairs, maintenance efficiency was increased and waiting time was minimized. Based on its high accessibility, it plans to provide high-quality services to consumers in Gyeongnam, such as Gimhae and Yangsan, in addition to Busan. In addition, a parking space that can accommodate 70s at the same time, a separate reception desk, and a dedicated lounge were provided to enhance convenience.

In commemoration of the expansion, Sasang Service Center will provide “2018 Audi Calendar” and “New R8” miniatures on a first-come, first-served basis when repairing accidents during January. The service center is located at 9, Hakgam-daero 191beon-gil (Hakjang-dong), Sasang-gu, Busan, and is open from 9 a.m. to 6 p.m. on weekdays.

Audi Korea announced on the 22nd that the total number of global sales

Audi Korea announced on the 22nd that the total number of global sales of the brand in 2017 reached 1,878,100 units.

The figure represents a 0.6 percent year-on-year increase in last year’s performance. The company said that the company has achieved growth in three major markets: the U.S. (7.8 percent↑), China (1.1 percent↑), and Europe (0.4 percent↑), breaking its eight-year sales record since 2009.

In the U.S., the company delivered 226,511 cars to consumers. Despite the overall market decline, it was the only premium car brand to record growth, the company stressed. In December, it reached 26,997 monthly sales, the company added, rewriting the U.S. market monthly sales record for the 84th consecutive month.

The newly unveiled Audi A6 is characterized by the similar design, technology, and interior design of the A8, the top model. In particular, the exterior of the vehicle is not much different from that of the top models, and Mark Lichte, a senior designer who joined Audi in 2014, said he would break away from the family look that Audi models had before and give them a new personality, but the same style is applied to the A6.

In terms of appearance, the A6 has a shorter overhang length as it is a sub-model, with a slightly lower center of gravity and slight changes in details. Compared to the previous model, the front and wheelbase increased by 7mm and 12mm, respectively, and the vehicle’s front and interior spaces were widened to secure a rear passenger headroom and regression. Audi also said that the new A6 also modified the rear coupe line and the front shoulder line, lowering the air resistance coefficient from 0.26cd to 0.24cd.

Audi also added that the new A6 has achieved weight reduction by increasing the use of aluminum panels. However, the new model has a 12V mild hybrid system applied to all trims as a standard, increasing the overall weight from 5kg to up to 30kg. The specifications applied to the mild hybrid system as well as to the entire lineup include front and rear LED lights and 17-inch wheels, and depending on the specifications, the matrix beam and laser headlight, the “animated” light applied to the A8, and the 18- to 21-inch wheels are available. In addition, the S-Line model has a unique bumper design that has been lowered by 10mm.

Audi’s latest MMI touch control system, which was first introduced in the A8, has been newly introduced inside the new A6 vehicle. The basic model will have an 8-inch display, while the model with MMI navigation plus will be divided into a 10.1-inch upper screen and an 8.6-inch lower control screen. Both displays operate with heptics, allowing you to feel as if you are actually clicking on the screen. A 12.3-inch virtual cockpit display has been added to the dashboard.

The 2018 A6 is also notable as it is equipped with a navigation software for the learning system. The A6 navigation system, which analyzes a driver’s route and preferences using data from HERE, a service provider, reports traffic information or traffic jam in real time along with the Car-to-X service and helps drivers drive smoothly. It also includes a service to find parking spaces. Audi will also introduce a ConnectKey service that can lock the vehicle door and turn it on through secure connection with five smartphones.

As for the vehicle engine lineup, first, a 2.0-liter four-cylinder and two 3.0-liter V6 diesel engines are responsible for up to 201 horsepower to 286 horsepower. The gasoline model will feature a 3.0-liter V6 engine with a maximum of 335 horsepower, and a 2.0-liter engine will also be provided in the future. All models are expected to show high-efficiency performance with an automatic gearbox and a 12V mild hybrid system combined together.

The sales price of the Audi’s 2018 A6 has not yet been revealed, but additional specifications, sales prices, and schedules will be revealed through the Geneva Motor Show in 2018. The estimated sales time of the vehicle is between June and July this year in Europe, and global sales are expected to be at the end of this year.

In the Chinese market, 597,866 units were shipped. In December, the company sold 69,160 units, up 34.3 percent year-on-year. It shipped 86,600 units in Europe. Germany (294,544 units, 0.4%↑), Italy (68,954 units, 10.5%↑), and France (63,980 units, 3.6%↑) were all outstanding performances.

The sales performance was driven by SUV lineup Q. It was responsible for sales of 689,150 units, up 10.8 percent from 2016. SUVs were responsible for one-third of all sales. The SUV with the highest sales as a single product was the mid-sized SUV Q5, with 281,850 units delivered to consumers.

“Despite the difficult situation, we recorded sales growth in major markets, setting a new record for global sales in 2017,” said Bram Short, director of sales and marketing at Audi AG.

Audi will unveil the Audi e-tron prototype

Audi will unveil the Audi e-tron prototype, the brand’s first SUV electric vehicle model, for the first time in the world at the 2018 Geneva Motor Show.

According to Audi on the 6th, Audi will unveil the Audi e-tron prototype for the first time in the world at the 2018 Geneva Motor Show and conduct test runs during the motor show. Audi e-tron test vehicles are decorated with design films produced by Audi Design to emphasize the characteristics of pure electric vehicle models.
The new A6 is equipped with an MMI touch response system. The driver can intuitively and easily control the car function through the front digital operation system. Drag-and-drop methods are also available like smartphone apps. By using the favorite function, you can collect and view functions that you use often. Another advantage is that up to 7 drivers can set the menu to suit their taste by combining 400 items. It is also equipped with a natural language recognition function, which allows data to be retrieved, destination to be entered as voice in navigation, and information on the cloud can be processed in both directions.

There are two types of engines, gasoline turbo TFSI and diesel TDI. The V6 3.0-liter gasoline turbo engine is certified with a fuel efficiency of about 14.1 to 14.9 km per composite liter in European standards depending on the lineup. The performance is up to 250 horsepower, up to about 51.0 kg·m, and 0→100 km/h arrival time 5.1 seconds. The V6 3.0-liter diesel engine has a maximum performance of 280 horsepower and a maximum of about 63.2 kg·m. The fuel efficiency is about 17.2 to 18.2 km per composite liter.

All new A6 lineups are equipped with the latest mild hybrid technology. The Belt Alternator Starter (BAS) works with lithium-ion batteries. It can drive coasting at 55-160 kilometers per hour, reducing fuel consumption. The start-stop function operates up to 22 kilometers per hour. BAS recovers up to 12 kW of energy during deceleration. The company explains that it can reduce fuel consumption by up to 0.7 liters when driving 100 kilometers per hour.

Progressive steering, which is applied by default, emphasized more dynamism compared to previous generations. Suspension damping accurately separates and transmits road surface reactions. The company emphasized that its unique four-wheel drive system quattro has a precise sense of steering and stability that does not shake on various roads.

The new car’s aerodynamic coefficient is only 0.24Cd, and its sleek design contributed to improving fuel efficiency and driving performance as well as visual beauty. At the same time, it has secured more interior space than before. The rear leg room, head room, and shoulder room were designed to be wider. The trunk can be opened with electricity through foot movement.

The MMI touch response system notifies the driver whether it is operating with vibration (haptic) or sound. As soon as the function is executed with the finger, the reaction can be checked with the hands and ears. While operating the infotainment through the upper display, temperature control, text input, convenience functions, etc. can be used as the lower display

MMI Navigation Plus can be selected as a convenience item. The new LTE advanced standard is used, and it provides fast and accurate guidance services. Route guidance is provided online by IT company HERE. Audi Connect online service collects more accurate traffic information through cluster intelligence obtained from several Audi cars.

The driver assistance function is equipped with a parking pilot, a garage pilot, a city assist package including a crossing assistance function, adaptive cruise assist using lane departure warnings, and efficiency assistance to help economic driving.

During the Geneva Motor Show, the Audi e-Tron prototype toured major locations, including Place du Mallard, a pedestrian area, Gare Cornavin, a railway station, the Jet d’Eau, a fountain in Lake Geneva, and the ̂le Rousseau in Geneva.

The EV6 workshop is a program in which children who participated in the program

Under the theme of protecting the natural environment, the exhibition consisted of various hands-on programs such as EV6 workshop, gorilla hideout, sea shark playground, and penguin village friends.

The EV6 workshop is a program in which children who participated in the program create their own electric cars and explore the exhibition space reproduced by digital maps.

A Kia official said, “We will provide a differentiated experience venue that can contribute to sustainable development for future generations.”

Kia’s labor and management prepared a tentative agreement for the second round of collective negotiations at the 14th plenary session held at Otoland Gwangmyeong from 2 p.m. It has been about a month since the first tentative agreement was rejected on the 2nd of last month.

The second provisional agreement added that it will provide discounts for long-term retirees who have worked for more than 25 years from 2025 when purchasing electric vehicles.

Previously, electric vehicles were excluded from the application of the “Lifelong Employee Certificate” system, which is a discount on the purchase of new cars for retirees.

However, there was a clue that details related to electric vehicle benefits would be discussed separately by comprehensively considering customer waiting demand, subsidy trends, and supply and demand conditions.

The lifelong employee card system, which was considered the biggest issue in negotiations, was reflected in the second tentative agreement.

The system initially offered a 30% discount on new cars every two years, but the company proposed reducing the benefit age to 75 and lowering the purchase cycle to three years and the discount to 25%.

The agreement also included a 300,000 won increase in summer vacation costs.

According to the union on the 12th, Kia labor and management will withdraw the partial strike scheduled from the 13th and hold the 14th main negotiations at 2 p.m. on the same day.

Earlier, the union declared a breakdown at the collective bargaining session on the 7th and decided on a partial strike on the 13th to 14th, which would shorten two and four hours a day, respectively.

Earlier in September, labor and management reached a tentative wage negotiation plan that included a 98,000 won increase in basic salary (including salary increase) and 200% + 4 million won in management performance, but the collective bargaining was rejected because it did not win a majority of the union’s approval.

In collective bargaining, labor and management reportedly differed over how to adjust the duration and discount range of vehicle purchase discounts provided to employees who retired after working for more than 25 years.

The system was originally intended to provide a 30% discount on new cars every two years for life, but the management proposed lowering the benefits to 75 years old in this year’s wage group agreement.

Then, voices of opposition grew around employees who were about to retire, and the management proposed a compromise to postpone the reduction of benefits to 2026, but it was not accepted.

With this, Kia has increased the possibility of reaching a collective agreement without labor-management disputes for two consecutive years. Last year, Kia’s labor and management reached a tentative agreement without a strike for the first time in 10 years.

Earlier, the union declared a breakdown in negotiations and decided to launch a two-day partial strike from the 13th to the 14th, but as negotiations resumed on the same day, it did not lead to the implementation of the strike.

A vote for and against the second provisional agreement will be held on the 18th.

In addition to this experiential exhibition, Kia is collaborating with the Ministry of Education on a “Kia Inspiring Program” that can help underprivileged youth choose their careers as part of their social contribution.