automobile exports News

European Car Makers Sound Alarm: US Tariffs Could Backfire on Domestic Economy

The European Automobile Manufacturers' Association warns that new US tariffs on auto imports could harm not only global carmakers but also US manufacturing, with a significant port...

South Korea's Export Growth Stumbles to 1% in February Amid Semiconductor Slump

South Korea's export growth slowed to 1% in February, despite a 7.3% increase in working days. Semiconductor exports fell for the first time in 16 months, while sectors like automo...

South Korea's Current Account Surplus Hits $9.78 Billion in October, Driven by Auto and Semiconductor Exports

South Korea's current account surplus reached $9.78 billion in October, driven by strong exports of semiconductors and automobiles. This marks the sixth consecutive month of surplu...