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Renault, KG Mobility, GM Korea fall victim to Tesla, BYD’s onslaught as their sales hit record lows

Published by Korea Economic Daily · South Korea 1 d ago
Renault, KG Mobility, GM Korea fall victim to Tesla, BYD’s onslaught as their sales hit record lows
Korea Economic Daily

Detailed summary

South Korea’s three mid-sized automakers have suffered their weakest domestic sales since records began in 1998, as growing competition from Tesla and Ch ...

Image by In-Soo Nam · Gemini (Nano Banana) A potential merger between Tesla and SpaceX is raising concerns among South Korean retail investors that they could face capital gains tax without selling a single share, exposing an unusual disparity between the country’s treatment of dom

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