News

South Korean excavator makers are expected to pay just 4% of each product price as an extra tariff cost, with steel content accounting for 11% to 12% of the total product price, the analysts said in a ...
Two U.S. senators are expected to meet representatives from major shipbuilders to help boost its own capabilities.
Executive ChairEuisun Chung, Founding Chairman Ju-yung Chung, and Honorary Chairman Mong-Koo Chung recognized for visionary ...
The founding family of Hyundai Motor Group has been selected by the U.S. publication Automotive News as a recipient of its ...
South Korean President Yoon Suk Yeol and Vietnamese Communist Party General Secretary To Lam recently met in Seoul to ...
Overseas sales increased by 27% to 5,164 in July from 4,076 a year earlier, helped by strong deliveries of its Torres EVX in Turkey. This resulted in a 9% rise to 40,115 units year-to-date from 36,663 ...
Sales of imported light passenger vehicles in South Korea continued to accelerate in July 2025, with deliveries surging by over 23% to 27,090 units from 21,977 units.
Hyundai Motor and General Motors have agreed to jointly develop five new vehicle models for release in North and South America from 2028, rekindling speculation over the U.S. carmaker’s long-term ...
General Motors and Hyundai Motor on Wednesday outlined plans to develop five vehicles together as they seek to lower costs ...
Hyundai Motor Company CEO Jose Munoz said Thursday that the new tariff agreement between South Korea and the United States removes uncertainties, enabling the b ...
South Korea and the United States brokered a last-minute tariffs deal on Wednesday, meaning the price of cars from your favorite Korean brands like Hyundai and Kia won't explode higher, though ...
Hyundai Motor Co. and affiliate Kia Corp. could face as much as $5 billion in additional costs this year under a new trade agreement between the US and South Korea that imposes a 15% import tariff on ...