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Saudi Arabia's SNAM to assemble KG Mobility's electric vehicle

Saudi Arabia's SNAM to assemble KG Mobility's electric vehicle
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KG Mobility to produce Torres EV in Saudi Arabia

KG Mobility, formerly SsangYong Motor, and Saudi National Automobiles Manufacturing Company, a licensed producer of international and domestic automobiles, signed a partnership agreement on Friday to assemble the carmaker's Torres EVX electric vehicle in Saudi Arabia. The agreement expands an existing deal between the companies for SNAM to manufacture KGM's internal combustion engine vehicles. Under the new. ....

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KG Mobility, Kia, Honda to recall over 59,000 cars due to faulty parts

KG Mobility, Kia, Honda Korea and two other carmakers will recall over 59,000 vehicles due to defective components, the transport ministry said Thursday ....

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South Korea report: sales rose 3% in November

Korean market up 3% in November ....

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Cabinet passes motion requesting parliamentary reconsideration of 'yellow envelope bill'

The Cabinet on Friday approved a motion requesting parliamentary reconsideration of a pro-labor bill and three other contentious measures unilaterally passed by opposition parties last month. President Yoon Suk Yeol is expected to endorse the motion so as to veto the bills, including the "yellow envelope law" aimed at limiting companies from making claims for damages against legitimate labor union disputes.. ....

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