The Ministry of Industry and Trade has proposed additional import conditions for cars received as gifts or transferred assets to prevent disguised commercial activities and ensure safety and environmental protection.

Mazda, Toyota, and Mitsubishi Motors saw their share prices jump 13-17% after news that US import tariffs on cars would be reduced to 15%.

People wrap their cars in foam and park them on higher ground to protect them from the approaching Typhoon Wipha.

From 1/7, a flat 2% registration fee will apply to motorcycles in all provinces and cities, according to a new government decree.