to the to the point on Hyundai. So, is the Korea trade deal in jeopardy now. Well, the Koreans didn't sign when the president was in, right. The president came in, you remember that he came to the White House, notice how he didn't talk about trade because he didn't sign the piece of paper.I mean, the devil is in the details always. Well, I think they saw the Japanese now. So, there's no flexibility, right.The Japanese signed the contract. the Koreans either accept that deal or pay the tariffs, black and whi ...

More than 300 South Korean workers detained during a massive ICE raid at a Hyundai plant in Georgia. They are now headed back to South Korea. The country's foreign ministry says they were released from an ICE detention center overnight. And as you can see here, they departed from Atlanta's airport on a chartered flight just a few hours ago. NBC News correspondent Kathy Park has been following the story for us. And Kathy, you reported on these workers yesterday when when their release from that detention cen ...

Hyundai says opening of raided plant to be delayed https://t.co/MD3ZBkgWER ...

South Korean nationals who were detained after a raid on a Hyundai plant last week were released a day later than initially planned. South Korean officials claimed that Trump encouraged the detained workers to remain in the U.S. and train Americans. https://t.co/ezMGFjyKdh https://t.co/tEi2KDEndC ...

Georgia’s Republican governor sees the Hyundai plant as his biggest economic achievement, defending it even when members of his party criticised him. Now he is in an awkward position https://t.co/oaZCcPHesD ...

Trump Wanted Detained Hyundai Plant Workers To Stay Back, Delaying U.S. Exit: South Korea Claimshttps://t.co/fRmmIMIBI7 https://t.co/2spaqf3sUK ...

Core Insights - Sales of battery electric vehicles (BEVs) in South Korea increased by over 48% to 142,456 units in the first eight months of 2025, representing almost 13% of total vehicle sales in the country [1][4] - The market is rebounding from a downturn, with August sales reaching 23,740 units, driven by new models, improved safety standards, government incentives, and price competition [2][4] - Domestic automakers accounted for 86,777 local BEV sales, nearly 61% of the segment, while imported models saw a 69% increase in sales, particularly from Chinese manufacturers [3][4] Sales Performance - BEV sales in the first eight months of 2025 were 142,456 units, up from 95,998 units in the same period last year [1] - Average monthly sales in 2025 reached 17,800 units, an increase from 12,240 units in 2024 [2] - August 2025 sales alone were 23,740 units, indicating a strong recovery in the market [2] Market Composition - Domestic automakers sold 86,777 BEVs, making up almost 61% of total sales, while imported models sold 55,679 units [3] - Chinese-made BEVs saw a significant increase, with sales rising by 69% to 42,932 units, including a 55% increase in Shanghai-made Teslas [3] - Popular domestic models include the Kia EV3, Ray EV, and Hyundai's Casper Electric [3] Future Outlook - Despite the increase in sales, the South Korean BEV market is still far from meeting the government's 2030 National Greenhouse Gas Reduction Target [4] - KAMA's chairman emphasized the need for developing the domestic BEV market to enhance competitiveness, suggesting incentives like a domestic production promotion tax system [4]

More than 300 South Koreans were released nearly a week after they were detained in an immigration raid at a Hyundai plant in Georgia https://t.co/NjkkIvKbA2 ...

Key TakeawaysSwedish inflation data for August presented a mixed outlook, with the headline CPIF rising to 3.3% year-on-year, while the core CPIF excluding energy remained stable at 2.9%, slightly above the Riksbank's forecast.Volkswagen (VWAGY) has pledged to defend its European market leadership against the increasing challenge from Chinese electric vehicle (EV) manufacturers, highlighting a critical battle in the global automotive industry.Boeing Defense (BA) and the International Association of Machinis ...

Investment & Manufacturing - Hyundai's investment in Georgia aligns with the goal of bringing back manufacturing and attracting foreign investment [1]