Jointly organised by the Gyeonggi Province government, the auto parts investment delegation visited the cities of Atlanta and ...

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

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

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

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

MAN Truck & Bus, part of Volkswagen’s Traton Group, said it plans to strengthen its customer service and aftermarket ...

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.

Global automotive leader drives innovation with award-winning EV and hybrid vehicles while expanding electrified portfolio ...

Infotainment systems have become the top complaint about new vehicles, with drivers reporting frozen screens, confusing menus ...

Lee Hang-koo, a researcher at the Korea Automobile Research Institute, said, “A restructuring of the domestic automobile parts industry may occur soon.

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.

South Korean industrial production data show that US tariffs are hitting the economy. Bank of Korea is on track to cut rates, ...