GM Korea’s September sales plunge 66 pct on chip shortage
SEOUL– GM Korea Co. said Friday its sales tumbled 66.1 percent last month from a year earlier as continued chip shortages further disrupted production. The South Korean unit of General…
October 1, 2021
Sept. car sales fall 21 pct amid chip shortage
SEOUL– South Korean carmakers’ sales fell 21 percent last month from a year earlier as an extended global chip shortage and the COVID-19 pandemic continued to weigh on vehicle production…
Hyundai’s Sept. sales fall 22 pct amid chip shortage
SEOUL– Hyundai Motor Co. said Friday its sales fell 22 percent last month from a year earlier as a global chip shortage continued to weigh on vehicle production and sales.…
FM Chung dismisses Pyongyang’s call for withdrawal of hostile policy as ‘unilateral’
SEOUL– Foreign Minister Chung Eui-yong on Friday dismissed North Korea’s demand for South Korea and the United States to withdraw “hostile policy” as “unilateral,” reiterating the allies do not have…
N. Korea remains unresponsive to Seoul’s calls after Kim’s offer to restore hotlines
SEOUL– North Korea remained unresponsive to South Korea’s regular calls via military and liaison hotlines Friday after leader Kim Jong-un offered to restore severed cross-border communication lines in early October.…
S. Korea to support firms to ease burdens over carbon neutrality goal
SEOUL– Finance Minister Hong Nam-ki said Friday the government plans to support local firms to ease their financial burdens as South Korea seeks to go carbon neutral by 2050. South…