Hyundai Steel, South Korea’s second-largest steel producer, is set to indefinitely suspend operations at its second plant in Pohang, citing the slowdown in construction and intense price competition ...

China’s leading EV maker is set to drastically shake up the South Korean auto market. BYD officially announced plans ...

BYD reportedly plans to launch passenger cars in South Korea by 2025, competing with Tesla Model 3 and Hyundai IONIQ 6 in the ...

South Korea is a battery powerhouse and it's made massive investments in U.S. facilities to support many different automakers ...

South Korea imported 66% of all electric vehicles manufactured in China. This was mostly due to the reasonably priced Tesla ...

The auto workers’ union in South Korea is attempting to prevent a broader struggle against job cuts as the car industry ...

The South Korean car manufacturer Hyundai Motor Company introduced its INITIUM hydrogen fuel cell electric vehicle concept ...

South Korean defense companies are benefiting from a global rise in military spending. A second Trump administration could keep that wave going. Dig deeper: Surging Defense Stocks Are Asia’s Trump ...

Unlike Chinese shipbuilders, HD Hyundai’s three shipyards — HD Heavy, HD Hyundai Mipo and HD Hyundai Samho — are unable to ...

The Hyundai Inster proves that EVs don’t have to be big and bloated to appeal, so long as they aren't expensive.

Sales of imported light passenger vehicles in South Korea fell slightly to 21,249 units in October 2024 compared with 21,329 ...