Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Thailand Inflation Remains Negative for 10th Straight Month in January 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Volkswagen will lower the prices of its latest SUVs to become the most accessible and affordable premium brand among imported cars for South Korean customers.
Volkswagen Korea’s Managing Director Stefan Krapp, who dubbed the move to lower prices as their “democratization” strategy, pointed out that there is a significant increase in both the numbers of first-time imported car buyers and first-car-in-life buyers in South Korea.
Krapp also introduced Volkswagen's new Tiguan SUV, which has been facelifted from its previous model.
The Tiguan, first launched in the Korean market in 2008, is Volkswagen’s best-selling SUV.
Under the new policy, Volkswagen’s New Tiguan TDI Premium will be available at the lowest retail price of 38 million won.
The Volkswagen Korea executive also admitted that they expect a limited supply of their Tiguan in the first half due to worldwide chip shortages.
The company will also extend the warranty to five years or 150,000 kilometers for all models and introduced its electric vehicle model, the ID.4, set to roll out in South Korea soon.
Volkswagen will still expand the portfolio of its combustion engine cars as demand for these vehicles will remain in the next 10 to 15 years.
