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Car Industry Faces Production Crisis Coupled with Chip Shortage and Truckers’ Strike

Car Industry Faces Production Crisis Coupled with Chip Shortage and Truckers’ Strike

SEOUL, June 10 (Korea Bizwire) — As new cars are experiencing shipping delays due to semiconductor shortages, there are concerns that the recent cargo truckers’ strike will exacerbate the delay. Industry sources said that the chip shortage has left South Korean consumers with wait times of at least one year for new Korean-made vehicles. Buyers [...]

Automobile, Retail Industries Look for Synergy Through Cooperation in Car Sales

Automobile, Retail Industries Look for Synergy Through Cooperation in Car Sales

SEOUL, April 11 (Korea Bizwire) — Automotive sales channels that have been limited to offline dealers are now expanding towards retail industries, including large discount stores and online malls, amid a shift in the automotive retail paradigm. Large discount store chains E-Mart Inc. and Homeplus Co. each set up a showroom for Hyundai Motor Co.’s [...]