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South Korea and the country's auto association requested on Monday relief from a U.S. plan to levy port fees on all ...
South Korea and its auto industry urge the U.S. to reconsider new port fees on foreign-built vehicle carriers, citing ...
Despite mounting tariff pressure from the Trump administration targeting the auto industry, nine out of ten Korean auto parts ...
South Korea has officially asked the United States for an exemption from the implementation of a fee on non-US-built vehicle ...
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 ...
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.
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.
The initial investment of US $45 million will go towards a new production plant in the Logistik II industrial park in Villa ...
Infotainment systems have become the top complaint about new vehicles, with drivers reporting frozen screens, confusing menus ...
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry ...
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 ...