South Korea Auto Industry News - Latest Updates & Headlines
Automotive industry calls for measures to soften blow from US tariffs
Seoul, March 28: The South Korean automotive industry on Friday called for measures to soften the anticipated fallout from the U.S. administration's plan to impose auto tariffs and reciprocal tariffs next week, according to officials.
South Korea ranks 7th in domestic vehicle output in 2024
Seoul, March 10: South Korea ranked seventh in the world in terms of domestic vehicle output last year, an industry association said on Monday, down one notch from a year earlier due to a drop in output amid an economic slowdown.