Auto tariffs
Scope
Date
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Economy
Korea’s weak exports add to Trump tariff risk woes
South Korea’s exports in the first two months skidded as sales to the world’s two largest economies China and the US fell, adding to con...
Mar 02, 2025 (Gmt+09:00)
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Steel
Dongkuk to file anti-dumping petition vs Chinese color steel imports
Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...
Feb 27, 2025 (Gmt+09:00)
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Central bank
Bank of Korea cuts rates, growth forecast on Trump tariff policy
South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...
Feb 25, 2025 (Gmt+09:00)
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Steel
South Korea to levy 38% anti-dumping duties on Chinese steel products
South Korea plans to impose up to 38% provisional anti-dumping duties on Chinese hot-rolled steel plates starting next month, judging that those pro...
Feb 20, 2025 (Gmt+09:00)
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Economy
South Korean state think tank cuts 2025 growth forecast, flags US tariff risk
South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Trump’s trad...
Feb 12, 2025 (Gmt+09:00)
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Food & Beverage
Korean bakery giant SPC to build $160 mn US plant as tariff war escalates
SPC Group, the operator of South Korea’s largest bakery chain Paris Baguette as well as Paris Croissant, SPL, Dunkin and SPC GFS, is building ...
Feb 03, 2025 (Gmt+09:00)
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Economy
Korean exports snap 15 months of gains in Jan despite higher chip sales
South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...
Feb 02, 2025 (Gmt+09:00)
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Steel
Hyundai Steel sells over 1 mn tons of auto steel to non-captive customers
Hyundai Steel Co., South Korea’s second-largest steelmaker, sold more than 1 million tons of automotive steel sheets to overseas automakers ot...
Jan 21, 2025 (Gmt+09:00)
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Electronics
LG mulls US plant expansion to deal with Trump 2.0 tariffs
CLARKSVILLE, TN -- South Korea’s appliance and electronics giants are actively looking into options to ramp up the production capacity of thei...
Jan 14, 2025 (Gmt+09:00)
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Automobiles
Hankook Tire gains edge over Chinese rivals under Trump tariffs
CLARKSVILLE, Tennessee -- Early this month at the Hankook Tire plant in Clarksville, construction workers were installing the steel framework of its...
Jan 13, 2025 (Gmt+09:00)
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Economy
Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s
Global credit rating agencies are warning of looming downward pressure on South Korea’s sovereign credit rating about a month after Asia&rsquo...
Jan 10, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor: First auto brand available for purchase on Amazon Autos
You can now buy a Hyundai on Amazon.You read that right. You can buy a vehicle on the same site where you purchase dinosaur balloons and roller skat...
Jan 08, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025
Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...
Jan 06, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...
Jan 03, 2025 (Gmt+09:00)
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Business & Politics
Hyundai's new CEO Munoz vows to proactively respond to Trump policy
LOS ANGELES – José Muñoz, the incoming chief executive of South Korea's top automaker Hyundai Motor Co., said on Thursday the co...
Nov 22, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy sails autonomous demonstration vessel
The South Korean Ministry of Trade, Industry and Energy announced on Thursday the launch ceremony for Samsung Heavy Industries' autonomous demonstra...
Nov 21, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis to build logistics complex in Korea’s top port city
Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...
Nov 13, 2024 (Gmt+09:00)
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Electric vehicles
Hybrids, EVs power Hyundai, Kia’s US auto sales in October
Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto sales last month thanks to surges in demand for its hybrid ...
Nov 04, 2024 (Gmt+09:00)
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Automobiles
Toyota, Hyundai agree to deepen ties in hydrogen, robotics
Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...
Oct 28, 2024 (Gmt+09:00)
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Corporate strategy
Apparel maker Hansae sets sights on auto parts business as growth driver
HO CHI MINH CITY – South Korean apparel maker Hansae Yes24 Group has set its sights on the auto parts business as a new growth driver to diver...
Oct 16, 2024 (Gmt+09:00)
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Electronics
Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround
Samsung Group Chairman Jay Y. Lee on Sunday inspected Samsung Electro-Mechanics Co.’s production facilities for multilayer ceramic capacitors ...
Oct 07, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to mass-produce parts to double EV charging speed
UIWANG, Gyeonggi Province – Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to mass-produce a component that double...
Oct 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis gets cybersecurity certification in Europe
Hyundai Mobis Co. has become the first Asian auto parts company to receive cybersecurity certification in Europe, which is leading the way in establ...
Sep 26, 2024 (Gmt+09:00)
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Automobiles
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
Sep 25, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung supplies LPDDR4X auto chip to Qualcomm, set for LPDDR5 deal
South Korean tech giant Samsung Electronics Co. said on Tuesday it has begun supplying its latest automotive chip, LPDDR4X, to Qualcomm Technologies...
Aug 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hansae Yes24 moves closer to acquiring GM supplier Erae AMS
Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hansae Co., has moved a ...
Aug 21, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis’ sustainability pledge for a better tomorrow
Hyundai Mobis Co.'s efforts to build a better tomorrow don't stop at developing future mobility technologies like autonomous driving, connectivity a...
Aug 14, 2024 (Gmt+09:00)
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor mulls connected car partnership with Google
Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to advance its future mobility technologies ranging from au...
Aug 06, 2024 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia