According to the US Commerce Department’s International Trade Administration, South Korea became the third-largest exporter of automobiles to the US in the past year, with shipments valued at $36.6 billion, …
The group wants the US government to allocate funds for chip makers to expand production to cater to the auto sector. A United States auto industry group is asking for …
The auto industry is already reeling, with sales of cars, SUVs, trucks and motorbikes falling 18 percent last fiscal year to 21.5 million vehicles due to an economic slowdown. New …