South Korea

Bosch sues S. Korea's Mando in U.S. on alleged patent infringements

Bosch lodged a lawsuit in the U.S. against South Korean peer Mando alleging infringement of patents, a claim Mando later said was groundless. The suit claims some ABS brake systems and ESC electronic stability control products supplied by Mando, breach four of Bosch's patents.

Skoda CEO says U.S. launch not a priority

Skoda may take another year before deciding whether to sells its cars in the U.S. Volkswagen Group's value brand plans first to enter the South Korean and Iranian markets next year.

Hyundai union stages first full strike in 12 years

Hyundai Motor's South Korean labor union staged its first full nationwide strike in 12 years today over stalled wage talks, putting the automaker's earnings and sales targets at risk.

GM Korea fights falling sales, rising costs

GM Korea is shifting gears to keep its production competitive in the face of falling exports and rising costs. James Kim, its new CEO from outside the automotive world, is seeking new export markets while trying to boost domestic sales in a market increasingly open to buying foreign brands.