South Korea plans to provide over $10.2 billion in support for its auto industry, including new loan programs and tariff ...

SEOUL (Reuters) -South Korea's government said on Friday it would boost subsidies for electric vehicles (EVs) by 20% next ...

Hyundai Motor Group, Hana Bank and the state-run Korea Trade Insurance Corp. have launched a 630 billion won ($453 million) financing program to support auto parts-makers hit by US tariffs. The three ...

A South Korean manufacturer of automotive parts hopes to establish its U.S. headquarters in Indianapolis along with a major production facility, investing a total of $16.8 million and hiring 180 ...

The main manufacturer of the forthcoming "Apple Car" is expected to be chosen by the end of 2022, and firms in South Korea are vying to provide parts. Backing up a recent claim by Wedbush, a new ...

A Korean maker of heat management and climate control systems plans to build a factory near the future Hyundai Motor Group electric vehicle plant near Georgia’s coast. Hanon Systems plans to build a ...

SEOUL, Dec 21 (Reuters) - Hyundai Motor 005380.KS said on Thursday it plans to stop operations at two parts forging plants in South Korea next year as the automaker accelerates a shift away from ...

South Korea's automaking and shipbuilding industries on Friday welcomed the Seoul-Washington joint fact sheet finalizing ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. STATESBORO, Ga. (AP) — A South Korean ...

S outh Korea and the United States announced a ‘Joint Fact Sheet’ detailing the outcomes of their tariff negotiations on the 14th and signed a ‘Memorandum of Understanding (MOU) on Strategic ...