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.

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.

Hyundai Set to Become Sixth Biggest Automaker in the U.S. In 2011

In the realm of U.S. automotive sales, 8% is a magic number. When an automaker hits 8%, they know they’ve become one of the big guns. Ford, Chevrolet, Toyota, Honda, Dodge and Nissan have all made it, and 2011 is expected to be Hyundai’s year.
So sayeth market research firm Polk, and I’m tempted to agree. Hyundai and its partner-brand / internal rival Kia have steadily been evolving into truly world-class carmakers. They’re keenly priced, inoffensive to look at and comprehensively covered quality-wise – everything the vast majority of new car buyers want in this day and age.

GM to Build and Sell New 2013 Chevrolet Malibu in Korea

General Motors is quite serious about selling its upcoming 2013 Chevrolet Malibu on a global scale. So serious, in fact, that the Detroit automaker is making plans to built the mid-size model on several continents. Today, GM revealed that will build and sell the redesigned Malibu sedan in Korea. We’ll remind you that earlier this year, GM Korea announced it is replacing the Daewoo nameplate with the Chevrolet brand for the local market.