China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy 
Thyssenkrupp Raises 2026 Profit Outlook as Steel and Materials Units Strengthen 
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 
Ferrari Luce EV Sells for Record $40 Million at Charity Auction 
Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline 
France Inflation Rises 2.4% in July as Consumer Prices Increase 
Tesla Roadster Reveal Could Feature SpaceX Thrusters in August 
Gold Prices Retreat From Two-Month High as Softer Inflation Eases Fed Rate Hike Bets 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
Strait of Hormuz Shipping Near Standstill After New Vessel Attacks 
Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center 
US Stock Futures Mixed as Fed Rate Hike Bets Fade, AI Deals in Focus 
Bill Ackman’s Pershing Square Returns to Netflix With Major New Stake 
KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally 
Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals 
Add as a preferred source on Google
Top domestic and imported automakers Hyundai Motor and Mercedes-Benz may give way to other competitors in sales performance in South Korea this year.
According to industry tracker CarIsYou Data Research Center, Kia Corp. registered 37,371 new vehicles last month, surpassing Hyundai's 35,993 units, including those from the Genesis brand, to become the top domestic carmaker for the first time.
While Kia trails Hyundai in terms of total registered vehicles between January and August, its strong performance, including the Sorento SUV topping sales charts last month, is still noteworthy in the auto industry.
Last month, BMW registered 7,305 units in the imported vehicle market, surpassing Mercedes-Benz's 5,943 units to top the sales charts.
As of last month, Mercedes-Benz had 50,627 registered vehicles and BMW had 50,349 registered vehicles, indicating that the sales gap between the two automakers is narrowing.
