News
Drivers panic over daily fuel price hikes amid Middle East tensions
1+ day, 24+ min ago (627+ words) National Drivers panic over daily fuel price hikes amid Middle East tensions Published : March 6, 2026 - 13:24:19 Updated : March 6, 2026 - 13:29:45 President Lee Jae Myung orders measures against price gouging amid soaring demand Volatile fuel prices stemming from the ongoing Middle East tensions are sending…...
‘Buy European’ push highlights reliance on China EV supply chain
1+ day, 22+ hour ago (830+ words) Published : March 5, 2026 - 15:32:02 Updated : March 5, 2026 - 15:33:28 Korean battery and EV makers see limited gains as Chinese supply chain remains entrenched The European Union's newly proposed Industrial Accelerator Act " often described as Europe's answer to the US Inflation Reduction Act " appears less aggressive…...
Hyundai, Kia post record Feb. sales in U.S. on strong demand for SUV, hybrid cars
3+ day, 3+ hour ago (422+ words) Business Hyundai, Kia post record Feb. sales in U.S. on strong demand for SUV, hybrid cars Published : March 4, 2026 - 10:19:48 Hyundai Motor Co. and Kia Corp. reported record vehicle sales for February in the United States, driven by robust demand for sport utility…...
Hyundai Mobis Invites 10 Global Customers to Swedish Winter Testing Ground to Showcase Core Technologies in Extreme Cold Conditions
3+ day, 15+ hour ago (429+ words) PR Newswire Hyundai Mobis Invites 10 Global Customers to Swedish Winter Testing Ground to Showcase Core Technologies in Extreme Cold Conditions Published : March 3, 2026 - 22:20:17 ARJEPLOG, Sweden, March 3, 2026 /PRNewswire/ --Hyundai Mobis (KRX 012330) announced on 3rd that it is hosting a technology showcase at its…...
Hyundai Mobis hosts global clients at Swedish winter test site
3+ day, 23+ hour ago (468+ words) Business Hyundai Mobis hosts global clients at Swedish winter test site Published : March 3, 2026 - 14:31:03 Hyundai Mobis said Tuesday it is hosting a technology showcase for global clients at its winter testing ground in Sweden, highlighting next-generation automotive components currently under development…...
Volkswagen Korea chief wins third term as KAIDA chair
1+ week, 2+ day ago (483+ words) Business Volkswagen Korea chief wins third term as KAIDA chair Published : Feb. 26, 2026 - 13:06:47 Till Scheer, president and CEO of Volkswagen Group Korea, has been reappointed as chair of the Korea Automobile Importers & Distributors Association for a third consecutive term, the association…...
Delta Electronics Philippines Partners with Danao City Government to Advance EV Charging Infrastructure Across Cebu Province
1+ week, 4+ day ago (500+ words) PR Newswire Delta Electronics Philippines Partners with Danao City Government to Advance EV Charging Infrastructure Across Cebu Province Published : Feb. 23, 2026 - 15:30:13 The launch was attended by the City Mayor of Danao, members of the City Council, Delta Electronics, CET Technologies, as…...
New car purchase rates among people in 20s, 30s drop to 10-yr low in 2025
1+ week, 5+ day ago (515+ words) Business New car purchase rates among people in 20s, 30s drop to 10-yr low in 2025 Published : Feb. 23, 2026 - 09:17:30 The respective rates of new passenger car purchases by South Koreans in their 20s and 30s fell to their lowest levels in a decade last year, industry…...
Korean battery-makers face US EV reality check
3+ week, 2+ day ago (678+ words) Published : Feb. 11, 2026 - 14:59:51 Shift to energy storage accelerates as US carmakers retreat, but margins may not match EV boom Korea's leading battery-makers are reworking their North American playbooks, shifting from electric vehicle batteries to energy storage systems, as US automakers retreat…...
Carro deepens its Brand New Car strategy, expands product line as it becomes Dongfeng Motor Corporation's newest authorised dealer in Singapore and Malaysia
3+ week, 4+ day ago (600+ words) PR Newswire Carro deepens its Brand New Car strategy, expands product line as it becomes Dongfeng Motor Corporation's newest authorised dealer in Singapore and Malaysia Published : Feb. 9, 2026 - 16:10:12 SINGAPORE, Feb. 9, 2026 /PRNewswire/ --Carro, Asia Pacific's fastest growing automotive ecosystem and marketplace, is…...