U.S. Auto Tariffs on South Korea Set to Rise to 25%: Cost Impact on Hyundai Motor and Kia
The U.S. government has announced that tariffs on Korean-made automobiles will rise from 15% to 25%, a move that could significantly increase cost pressures across South Korea’s automotive industry. The tariff adjustment is expected to have a substantial financial...
Kia Reveals Pricing and Specifications for the All-New Seltos, Including Hybrid Variant and V2L
Kia has officially unveiled the full specifications and pricing of the all-new Kia Seltos and Seltos Hybrid for the South Korean local market. Since the launch of its first-generation model in 2019, the Kia Seltos has sold over 330,000 units in Korea through 2025,...
Hyundai and Kia Respond to Tesla’s Price Pressure in Korea
Hyundai and Kia is escalating its response to intensifying competition in South Korea’s electric vehicle market. With Tesla preparing to introduce a lower-priced Model 3 Standard and Chinese automakers such as BYD planning mass-market EV launches, Hyundai and Kia have...
Kia Niro Facelift Revealed in South Korea
Kia has officially unveiled the design of The New Kia Niro or Niro Facelift, showcasing a more refined exterior and a significantly upgraded interior as the brand’s flagship eco-friendly SUV prepares for its next chapter. Based on the second-generation Niro launched...