clean car tax credit

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...

GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...

Hyundai Motor Co., which has stunned the auto industry with its rebuilt 1974 Pony Coupe concept, has again enthralled car enthusiasts with its ...

South Korea's Hyundai Motor Co. announced on Monday that its Elantra N TCR (known domestically as Avante N TCR) and i30 Fastback N Cup Car triumphed...

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

For Hyundai Motor Co., the Pony – its first car – is a bittersweet memory.When Hyundai set its sights on car manufacturing back in 1974,...

LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

Hyundai Motor Co. in the first quarter controlled over half of the global market for fuel cell electric vehicles (FCEV) powered by hydrogen thanks t...

South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...

South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...

South Korea's Hankook Tire & Technology is reinforcing its partnerships with makers of high-performance sports cars based on a systematic develo...

Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...

The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...

South Korean institutional investors are poised to ramp up investments in global infrastructure, hedging against inflationary pressure, a survey found...

South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...

WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another ...

Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...

South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...

Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...

South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...

It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...

With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...