The annual risk of strikes is eating away at the competitiveness of “Made in Korea”, and the fear of a hollowed-out manufacturing industry is becoming very real. For decades, South Korea’s industrial ...
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 ...
South Korean auto export value hit record levels in August Growth was largely driven by increased demand for used cars Russia, Central Asia and Middle East among the top export markets INCHEON, South ...
South Korean vehicles waiting to be shipped overseas. The value of built-up vehicles exported from South Korea fell by 10.5% to US$ 6.5 billion in October 2025, down from US$ 6.2 billion a year ...
SEOUL (Reuters) -South Korea's government said on Friday it would boost subsidies for electric vehicles (EVs) by 20% next year as part of a package to help the country's auto industry weather risks ...
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 ...
SEOUL, Sept 19 (Reuters) - South Korea's top trade envoy said on Friday that South Korea is trying to resolve issues around U.S. auto tariffs quickly to avoid being disadvantaged by higher duties, ...
Global demand for automotive semiconductors rising rapidly. South Korea’s largest automotive components manufacturer, Hyundai Mobis, held its first Automotive Semiconductor Korea (ASK) summit in Seoul ...
South Korea is not impressed with the auto tariff cut time. The pace of advancement in international relations is frequently slower than what the headlines indicate. A complex web of policy specifics, ...
South Korea plans to expand policy support for its auto industry in the wake of a trade deal struck between Seoul and Washington. The export-dependent economy is planning more than 15 trillion South ...
South Korean auto shares rose after the U.S. Commerce Department confirmed that tariffs on Korean vehicles would be cut to 15% from 25%, retroactive to early November. KG Mobility's stock was recently ...
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