- Hyundai Motor scraps EV targets, shortens investment plan from 10 years to 5 years… "Responding to crisis"
- Hyundai Motor has removed its mid-to-long-term electric vehicle sales targets and shortened its investment planning horizon from 10 years to 5 years.This move is seen as a measure to overcome the complex crisis...
- 2025-09-19
- Musk, after purchasing the largest amount of Tesla stock in history, says "The stock price will be $420 as prophesied."
- Elon Musk, CEO of Tesla, revealed his confidence by posting a stock chart on X (formerly Twitter) after news of his Tesla stock purchase on the 15th (local time) led to a surge in the stock price.About 40 minut...
- 2025-09-16
- US "Applies 15% tariff reduction on Japanese cars"... Korean cars expected to be hit
- U.S. to Apply 15% Tariff on Japanese Cars Starting the 16thThe U.S. administration of Donald Trump announced on the 15th that it plans to apply a 15% tariff on Japanese cars imported into the United States, eff...
- 2025-09-16
- Government Begins Consular Interviews with Over 300 Koreans Detained by U.S. Immigration Authorities
- The South Korean government has begun consular visits to check on the health status and other conditions of Korean company employees detained by U.S. immigration authorities.According to an official from the Mi...
- 2025-09-07
- US cracks down on undocumented immigrants at Hyundai-LG Energy Solution plant... 450 arrested, including Koreans
- It has been identified that U.S. Immigration and Customs Enforcement (ICE) and Homeland Security Investigations (HSI), among others, conducted a large-scale immigration crackdown on April 4 (local time) at the ...
- 2025-09-05
- Next year's electric vehicle subsidies set for an effective increase… 'EV peace-of-mind insurance' to be introduced
- Electric Vehicle Subsidies Effectively Increased Next Year... 'EV Safety Insurance' to be IntroducedMinistry of Environment to Maintain Subsidy Unit Price in Next Year's Budget... Additional 1 Milli...
- 2025-09-02
- UAW "SK On-Ford Joint Venture Factory Wins Union Election"
- UAW Wins Union Election at SK On-Ford Joint Venture PlantCompany: "Need to see how challenged 41 votes are handled"The United Auto Workers (UAW) announced on the 27th (local time) that it has won a union electi...
- 2025-08-28
- Trump's '100% Tariff' Announcement Worries Korean Parts Industry
- Amid expectations that the U.S. government will disclose item-specific tariffs, including semiconductors, by next week, the domestic parts industry is closely monitoring the situation.While Samsung Electronics ...
- 2025-08-10
- EU lowers car tariffs to 15%... US remains silent despite mutual tariffs taking effect
- Although the United States began imposing "reciprocal tariffs" adjusted by country starting on the 7th (local time), the promised reduction in automobile tariffs for the European Union (EU) has not yet been imp...
- 2025-08-08