South Korea Industrial Output Climbs 2.3% in June on Auto and Chip Strength
Manufacturing rebound marks the strongest monthly gain in six years, driven by surging production in semiconductors and automobiles as facility investment accelerates
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Manufacturing rebound marks the strongest monthly gain in six years, driven by surging production in semiconductors and automobiles as facility investment accelerates

Japan's largest automaker saw global sales slip 1.1% in June to 926,688 units, marking the longest losing streak in recent quarters

A 7.1-magnitude earthquake disrupted automotive and semiconductor operations across a region that supplies two-fifths of Japan's industrial output, forcing Toyota to suspend three plants and TSMC to evacuate its Kumamoto fab.

Industry data shows 939,528 motorcycles sold in the first half of 2026, with automatic models capturing nearly 70 percent of the market as commuters prioritize fuel efficiency.

The German luxury carmaker will eliminate one-fifth of its workforce by 2035 as parent Volkswagen restructures amid weak demand and intensifying competition from Chinese rivals.

Higher borrowing costs dampen new-car demand, but electrification and urban expansion signal structural transformation ahead

The Seoul-based automaker saw operating profit decline 4.9 percent in Q2 despite hybrid and EV demand pushing revenue to an all-time high.

South Korea's first major auto labor deal of the year sets a baseline as unions across the sector prepare for annual negotiations

RHB Research upgrades 2026 outlook by 3.2% as new launches and resilient economy drive vehicle demand, though caution remains on replacement cycle fatigue

Certificate of Entitlement premiums ease in latest tender, but industry players expect sustained demand to keep prices elevated near peak levels

National brands now command 67 percent market share, driven by surging SUV and electric vehicle adoption across the first half