North Korean leader Kim Jong Un said he wants the luxury resort on the eastern seacoast to become a "world destination," but ...

China’s emerging automotive dominance owes largely to a singular manufacturing achievement – slashing vehicle-development time by more than half, to as little as 18 months for an all-new or redesigned ...

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

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

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

The very scenario the South Korean automotive industry feared has finally come to pass. It has now been confirmed that the ...

Korea loves its own cars, and the evidence is everywhere. Hyundai and Kia make up an astounding 90 percent of the automotive ...

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

For the fourth time this year, Hyundai is temporarily halting EV production in Korea. Starting June 25, Hyundai will ...

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

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.

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.