Korea
GM Korea agrees wage increase with union
GM Korea has reached a tentative wage agreement with its labour union, according to local reports citing a company spokesman.…
GM Korea workers strike, Hyundai agrees wage increase
GM Korea union workers have launched a partial strike at the three vehicle assembly plants to demand higher wages, the…
South Korean sales fall by 15% in May, overseas sales surge
Domestic vehicle sales by South Korea’s five main automakers combined declined by 15% to 124,145 units in May 2021 from…
South Korea to extend sales tax discount
South Korea plans to extend the current 30% sales tax discount on vehicles until the end of the year to…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox