Auto industry

Despite higher costs after federal EV subsidies ended in September 2025, buyers are expected to see many more lower-priced options for EVs in 2026,...

Korean car sales set a new annual record for the third consecutive year, following strong sales momentum in the first half of the year. According...

SK On and Ford agreed to dissolve their $11 billion BlueOval SK battery joint venture, splitting ownership of three U.S. plants as both companies adjust to slowing EV demand. Ford will take over two Kentucky factories, while SK On assumes full control of the Tennessee plant and plans to supply batteries to Ford and other customers.

The LA Auto Show 2025 has opened, offering visitors a clear look at trends in the North American auto industry. This year’s show reflects...

Hyundai is absorbing heavy U.S. tariff losses while Toyota and Volkswagen benefit from trade agreements that cut duties and allow refunds.

Car repair costs have surged to record levels, with consumers paying sharply more for maintenance and parts. According to the Consumer Price Index (CPI),...

Hertz has partnered with Amazon to launch large-scale online sales of used vehicles, making thousands of Hertz cars available through Amazon’s platform. The company announced...

Concerns are growing in the auto industry that car tariffs imposed by former President Donald Trump may drive up not only vehicle prices but...

Special Contribution – By Choong Whan Park, Former Endowed Chair Professor at USC Hyundai Motor Group recently announced a $21 billion investment in the U.S....

2015 was good for Korea’s auto industry, with domestic sales hitting a record. But the year saw its share of troubles as well. Domestic sales...