used car exports
Scope
Date
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Monthly trade infographics
South Korea's secondary battery exports reach all-time highs for 5 years in a row
Despite worsening economic conditions due to the COVID-19 crisis, South Korea’s secondary battery business saw a rise in its key indicators, inc...
Mar 30, 2021 (Gmt+09:00)
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Automobiles
Hyosung to equip airbags on Amazon’s self-driving cars
Hyosung Advanced Materials will equip Amazon’s fully autonomous vehicles with its next generation one piece woven (OPW) airbags. The company s...
Mar 17, 2021 (Gmt+09:00)
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Steel
S.Korean mold makers target global leadership with record exports
South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...
Mar 16, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to ramp up fuel cell car production
South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...
Mar 02, 2021 (Gmt+09:00)
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Economy
Korea remains world's 7th-largest exporter despite drop in exports
South Korea has maintained its position as the world's seventh-largest exporter despite its exports dropping by over five percent last year, accordi...
Mar 01, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai says not in talks with Apple over self-driving cars
Hyundai Motor Group said on Monday it is not engaged in talks with Apple Inc. over the development of an autonomous electric vehicle, throwing cold ...
Feb 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Mando acquires JV to boost footing in autonomous vehicle industry
South Korea-based Mando Corp. is set to acquire electronic auto parts maker Mando-Hella Electronics Corp. in a deal valued at 165 billion won ($148 ...
Feb 03, 2021 (Gmt+09:00)
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Electric vehicles
Kia shares jump on $3.6 bn Apple Car project news
Shares in Kia Corp. and South Korean automotive parts makers rose sharply on Wednesday, following a news report that Apple Inc. will make an initial...
Feb 03, 2021 (Gmt+09:00)
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Korean food
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented c...
Feb 02, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Two thirds of Koreans use OTT services; YouTube favored
Two out of every three Koreans used over-the-top (OTT) media last year, with YouTube the favored platform from which to watch videos and other strea...
Feb 02, 2021 (Gmt+09:00)
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Future mobility
LG, Qualcomm to cooperate in 5G platforms for connected cars
LG Electronics Inc. and Qualcomm Technologies Inc. have agreed to cooperate in the development of 5G wireless platforms for next-generation connecte...
Jan 27, 2021 (Gmt+09:00)
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Logistics
HMM, SM Line to deploy container ships to support Korean exporters
South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for lo...
Jan 22, 2021 (Gmt+09:00)
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Automobiles
LG Electronics, Luxoft to launch car infotainment JV in January
LG Electronics Inc. will launch a car infotainment system joint venture with Luxoft, a DXC Technology company headquartered in Switzerland, later th...
Jan 13, 2021 (Gmt+09:00)
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Monthly trade infographics
S.Korea's cleaning and disinfecting appliance exports soar amid COVID-19 pandemic
Increased time spent at home due to the prolonged COVID-19 pandemic has led to the rise in exports of cleaning and disinfecting appliances, including ...
Jan 08, 2021 (Gmt+09:00)
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Korean chipmakers
Korea’s chip exports to top $100 bn in 2021, second-best performance ever
South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...
Jan 05, 2021 (Gmt+09:00)
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Automobiles
SUVs drive up Hyundai, Kia in US market; G80 named safest car of year
A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...
Dec 31, 2020 (Gmt+09:00)
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Earnings
Korean firms' Q4 earnings seen to jump, led by exporters
Exporters, including Samsung Electronics Co., LG Chem Ltd. and Samsung SDI Co., are estimated to have led a sharp increase in listed South Korean ...
Dec 28, 2020 (Gmt+09:00)
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Alternative investments
Korean investors buy Dutch logistics center using drones and smartphones
South Korea’s Kiwoom Securities Co. has acquired a new logistics center in the Netherlands for 180 billion won ($165 million) this year, relyi...
Dec 13, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor to roll out automated remote valet parking cars in 2024
Maneuvering in and out of tight parking spaces is troublesome for some drivers, men and women alike. Whatever your take on parking, Hyundai Motor Co...
Dec 11, 2020 (Gmt+09:00)
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Energy
From used coffee grounds to tasty rice chips
A single cup of americano produces 14 grams of used coffee grounds. Only 0.2% of a coffee bean is used to extract coffee while the remaining 99.8% b...
Dec 05, 2020 (Gmt+09:00)
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Economy
Korea set to overtake Japan as No. 5 exporter by 2026
South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...
Dec 03, 2020 (Gmt+09:00)
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Automobiles
Tax cuts, pandemic lift imported car sales in Korea
Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...
Dec 03, 2020 (Gmt+09:00)
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Private equity
MBK buys $228 mn stake in China’s No. 1 car rental firm
MBK Partners has now become the second-largest shareholder in both of China’s two biggest rental car companies after purchasing a 20.86% stake...
Dec 03, 2020 (Gmt+09:00)
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Carbon neutrality
Korean govt urged to hike diesel tax, ban fossil fuel cars by 2035
South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...
Nov 24, 2020 (Gmt+09:00)
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Markets
Seoul shares break through 2,600 to hit record close
Economically sensitive stocks such as chips, steel and shipbuilding pushed the South Korean stock market to its strongest close on Nov. 23, with gro...
Nov 23, 2020 (Gmt+09:00)
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CFO Insight
S-Oil says at least 20 more years to go for oil-powered cars
The penetration of electric and hydrogen-powered vehicles into the transportation industry will unlikely become a major threat to refiners over the ne...
Nov 23, 2020 (Gmt+09:00)
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Shareholder activism
NPS set to up pressure on spicy Korean ramen exporter
The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...
Nov 18, 2020 (Gmt+09:00)
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Automobiles
Hyundai’s five-year journey to build a luxury car brand
At Hyundai Motor Co.'s brand launch event held on Nov. 4, 2015, someone made an unexpected appearance on the stage, surprising the crowd. It was curre...
Nov 01, 2020 (Gmt+09:00)
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Economic growth
Korean economy rebounds in Q3 on exports, challenges ahead
South Korea’s economy returned to growth in the third quarter on strong exports, marking the first quarterly expansion since the outbreak of the...
Oct 27, 2020 (Gmt+09:00)
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Hyundai Motor
Hyundai Motor unveils sustainable fashion collection from recycled car materials
Hyundai Motor Co. displayed fashion items made of discarded materials from the automotive manufacturing and scrapping process on Oct. 8, calling it a ...
Oct 08, 2020 (Gmt+09:00)
Latest News
- 1 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 2 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 3 President Lee: Businesses at center of policy priorities for economic growth
- 4 Samsung supplies HBM3E to AMD’s new accelerators
- 5 Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds