The Administrator of the Defense Acquisition Program Administration (DAPA), Seok Jong-geon, visited Norway and met with high-ranking officials in the defense sector, DAPA announced on the 28th. According to DAPA, Administrator Seok met with Vice Minister Andreas Plom of the Ministry of National Defe...
U.S. President Donald Trump signed an executive order on the 26th (local time) imposing a 25% tariff on imported automobiles, raising expectations that Hyundai Motor Company and its affiliates will be hit hard. Hyundai is overcoming the crisis by expanding local investment, while its affiliates are ...
Kia showcased the technology applied to the first genuine pickup truck, the Tasman, on the 27th. Kia held the "Kia Tasman Tech Day" at the Floating Island in the Seocho District of Seoul and unveiled the technology mounted on the Tasman. A Kia representative noted, "The Tasman is the result of our R...
Military authorities noted on the 27th that North Korea, after sending an additional 3,000 troops to Russia earlier this year, continues to provide missile and artillery support. According to the North Korean military trends released by the Joint Chiefs of Staff (JCS) that day, the total number of N...
Vice Minister Kim Sun-ho, acting Minister of National Defense, reported an increase of about 48.4 million won in assets compared to the previous report. This regular asset declaration did not include former Minister Kim Yong-hyun and Army Chief of Staff Park An-soo, along with other figures related ...
Jeep will launch the refreshed new Gladiator next month. Jeep regards the new pickup truck, the New Gladiator, as catering to those who enjoy leisure activities, significantly enhancing its safety features. According to Stellantis on the 26th, Jeep's only convertible (a vehicle with a retractable ro...
Hanwha Corporation will participate in a capital increase of 3.6 trillion won by its defense industry affiliate, Hanwha Aerospace. Hanwha Corporation, which holds a 33.95% equity stake in Hanwha Aerospace, plans to raise the necessary funds through external borrowing. On the morning of the 26th, Han...
The Defense Acquisition Program Administration (DAPA) announced on the 26th that it has completed performance improvements for the UH-60 'Black Hawk' helicopter simulator operated by the Army. The helicopter simulator is equipment designed to allow simulated piloting by reproducing the actual operat...
Doosan Enerbility noted on the 26th that Czech President Petr Pavel visited Doosan Skoda Power located in Plzen on the 25th (local time). This visit is part of President Pavel's itinerary to tour major industries in the Plzen area. Attendees included Son Seung-woo, head of Power Service Business Gro...
Hyundai Motor Company and Kia sold 73,294 units in Europe in February, a decrease of 7.4% compared to the same month last year, according to data compiled on the 25th. According to the European Automobile Manufacturers Association (ACEA), Hyundai Motor Company sold 37,210 units in Europe last month,...
