Despite mounting tariff pressure from the Trump administration targeting the auto industry, nine out of ten Korean auto parts ...

The United States has asked for greater access to the South Korean market for the agriculture, automotive, digital and ...

In 2024, Korea's automobile exports reached $70.8 billion, just shy of its 2023 record of $70.9 billion, which eclipsed its previous record by 30 percent, a record set in 2022.

Without a new deal or an extension to the talks, South Korea will face a series of new tariffs from the United States that ...

According to the Ministry of Trade, Industry and Energy, Korea’s auto exports to the U.S. came in at $1.84 billion (2.5 trillion won) in May, down 32 percent from a year earlier.

SEOUL (Reuters) -South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen ...

In 2022, the South Korean Automotive Vehicles Industry was valued at US$ 567.53 Million and is expected to be US$ 5,340.65 Million by 2030, expanding at a CAGR of 32.34% from 2022 to 2030.

The initial investment of US $45 million will go towards a new production plant in the Logistik II industrial park in Villa ...

SEOUL (Reuters) -South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen ...

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.

Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is ...

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply ...