Hyundai, Kia sue four big U.S. railroads for fuel surcharges

Kia motors logo

Hyundai Motor and its Kia affiliate have taken legal action against the four largest U.S. railroads, alleging them of violating U.S. antitrust law by conspiring to drive up shipping costs though coordinated fuel surcharges. The South Korean automakers submitted three lawsuits on Monday alleging BNSF, CSX Corp, Norfolk Southern and Union Pacific of putting the […]

U.S. cars needs to be more styles, budget friendly for South Korean market

Donald Trump and Moon Jae-in

U.S. car imports from makers such as General Motors and Ford Motor should become more stylish, cost effective or fuel-efficient to enjoy the benefits of President Donald Trump’s efforts to renegotiate a trade deal with crucial ally South Korea, officials and industry specialists in Seoul said. Meeting South Korean President Moon Jae-in recently in Washington, […]