Kia’s entry into Korea’s pickup truck market, long dominated by KG Mobility (KGM), is shaking up the industry landscape and ...
Seoul (Reuters) -Shares of South Korean automakers Hyundai Motor and Kia Corp fell on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, ...
Korea’s automobile exports to the United States rose in November for the first time in nine months after tariff uncertainty ...
Seoul (Reuters) -South Korea and the country's auto association requested on Monday relief from a U.S. plan to levy port fees on all foreign-built vehicle carriers, saying it would add a significant ...
South Korea's exports hit a record high in 2025, exceeding $700 billion, driven by a surge in AI-fueled semiconductor demand.
South Korean auto shares rose Tuesday after the U.S. Commerce Department confirmed that tariffs on Korean vehicles would be cut to 15% from 25%, retrospective to early November. Carmaker KG Mobility's ...
Thomas has spent two years working in the auto journalism industry, contributing to a UK-based newspaper and writing for Euronewsweek. A full-time writer and lifelong engineering enthusiast, he now ...
A strike by South Korean auto parts workers at Hyundai Transys, which has lasted more than a month, is having a growing impact on the country’s car industry. The workers are fighting for the ...
Tyler began his love for the automotive world from in front of a television screen, playing games like Gran Turismo and Need For Speed. While cars have always been his passion, he pivoted towards ...
U.S. Commerce Secretary Howard Lutnick has confirmed a substantial cut in the general tariff rate on imports from South Korea, including automobiles, to 15%. South Korea Moves to Activate Full Trade ...
Hyundai and Kia make up an astounding 90 percent of the automotive market share in South Korea. That’s a tremendously huge figure that any two domestic car brands would kill for. Hyundai and Kia have ...