This is what a New BMW 1 M Coupe Looks Like after a Heavy Fender Bender

The brand-new BMW 1 M Coupe hasn’t been around from more than a few months, but we already have the first recorded accident of which we know about.
The unlucky owner of the car, who is from South Korea, posted these photos of the mishap over at the BMW 1Addicts forum. He said that he was the first customer to receive one of the 80 BMW 1 M Coupes scheduled to arrive in the South Korean market.
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2012 Hyundai Sonata Receives its First Facelift in South Korea

Hyundai has blessed the South Korean market version of its Sonata mid-size sedan with its very first mild facelift. Just don’t blink because you may very well miss it.
The light cosmetic surgery on the outside brings a revamped front grille with a little bit less chrome on top and around the sides, plus new LED taillights at the back, reshaped mirror casings and a fresh choice of alloy wheel designs including a set of 18-inch multispoke rims.
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The Truth About the Relationship Between Hyundai and Kia

Hyundai and Kia have a strange, symbiotic relationship. They share factories, parts as well as engineering knowhow and product testing duties. And yet they remain separate entities with their own marketing, distribution and styling departments.
Michael Sprague, Kia’s VP for marketing and communication describes their relationships to the New York Times likes this:
“Kia Motors America operates as a completely separate sales, marketing and distribution organization in the United States. [Hyundai and Kia share engineering efficiencies] similar in many ways to other global automakers.”
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Ferrari World Design Contest: And the Winner is….

For the past few months, design students from 50 universities across the globe took up Ferrari’s challenge of designing a future supercar for the famous Italian brand. Now, following the completion of the second phase in which seven schools were chosen to move to the final round, we have a winner.
Drum-roll please…and the winners of the Ferrari World Design Contest are…the students from Seoul’s Hongik University. The South Korean school finished first ahead of the second-placed IED of Turin in Italy and London’s Royal College of Arts.
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GM Agrees to Pay Korean Workers a Record Bonus of $6,140 Each and Increase Basic Salaries by 4.7%!

The South Korean division of General Motors has agreed to a record bonus payment for its employees following a partial strike last week. This was the first organized union strike to hit GM Korea in three years and it led to a production loss of 9,700 units.
The agreement between GM Korea and the union includes a raise of basic salaries by 4.7% and, more importantly, a $6,140 (6.5 million won) bonus to each worker.
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Toyota and Honda want to Win Back Sales Share from Hyundai Sonata with New Models

Not too long ago, if someone told you that a South Korean model would challenge America’s best selling sedan, the Toyota Camry, you would have probably laughed in his or her face.
Needless to say, a lot has changed over the past few years with Hyundai and in particular its latest Sonata sedan, not only challenging, but this past May even surpassing the Camry in U.S. sales for the first time in history.
Of course, the fact that Toyota’s production capabilities were seriously affected by the aftermath of the March 11 earthquake, tsunami and nuclear disaster in Japan, played a significant role in Hyundai’s accomplishment.
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