TTAC's Believe It Or Not: Moonies Abandon North Korean Car Joint Venture

Reuters calls it “one of the more bizarre joint ventures in car-making,” and it is coming to an end. South Korea’s Unification Church, better known as the Moonies, is giving up its investment in the one and only carmaker in North Korea, Pyeonghwa Motors. “Giving up” is carefully chosen: The church will walk away from the business, and donate its 70 percent stake to North Korea.

Read more
  • Fed65767768 Nice find. Had one in the early-80s; loved it but rust got to it big time.Still can't wrap my head around $22.5K for this with 106,000 km and sundry issues.Reluctant (but easy) CP.
  • El scotto err not be an EV but to own an EV; too much training this week along the likes of what kind of tree would be if you were a tree? Sorry. Bring back the edit function.
  • The Oracle Geesh, Stellantis can’t even perform the upkeep on that relic of a plant. Sad.
  • The Oracle I see Tesla introducing disruptive charging technology within 3 years.
  • The Oracle I can see into the future and I see fisticuffs and profanity-laced tirades coming to charging locations near ya’ll.