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Hoonsik Woo

Hoonsik Woo
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Hoonsik Woo is a journalist specialized in covering banking, real estate and automotive news in the Los Angeles area. Woo focuses on in-depth analysis to help readers navigate the complexities of personal finance and investing in LA’s housing markets, as well as keeping them up-to-date with the latest automotive trends and innovations.
Business

Automakers Share Drivers’ Behavior Data with Insurers

Insurance companies are obtaining driver behavior data from automakers, fueling debate over consent as car data sharing becomes more common in newer vehicles. A recent...
Business

Oceanwide Plaza May Soon Head to Court With $470M Bid

The graffiti-covered, long-stalled Oceanwide Plaza site in downtown Los Angeles is facing a possible change in ownership through a federal bankruptcy court process, with...
Business

Los Angeles ‘Mansion Tax’ Slashes Permits 40%

A tax introduced to address homelessness and expand low-income housing in Los Angeles is now being tied to a steep slowdown in new construction,...
Business

Cybertruck Price Cut: Tesla Lists New $59,990 AWD

Tesla unveiled a lower-priced Cybertruck in the domestic market, introducing its most affordable version of the electric pickup as it reduced prices across the...
Business

Hyundai, Kia EV defect triggers wave of lemon law lawsuits

Complaints over the Hyundai and Kia EV ICCU defect are mounting as owners report charging failures and sudden power loss while driving, raising safety...
Business

Palisade Hybrid Wins Edmunds Best of the Best for 2026

The 2026 Palisade Hybrid from Hyundai has been named the best new vehicle of the year.   According to Edmunds, which released its Top Rated 2026...
Business

Used Car Prices Hit $30,202 After 28% Rise

Even as dealer inventory has been gradually increasing, used car prices continue to climb, and lower-cost options are becoming harder to find.   According to JD...
Business

Singles Tax for Renters Costs $15,888 A Year in Los Angeles

Living alone in Los Angeles can come with a steep extra price, according to a recent analysis by Zillow. The company said the "singles...
Business

Hyundai Falls in Auto Dependability, Genesis Below Average

J.D. Power's auto reliability rankings show Korean automakers have reversed course after reaching a high point, with Kia, Hyundai, and Genesis all placing behind...
Business

LA Koreatown Home Sales Stall as Condo Deals Drop 25%

LA Koreatown home sales remained largely flat in 2025, even as mortgage rates trended lower, as a sharp drop in condo transactions offset gains...
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