Korean automakers' production, exports and domestic sales in downtrend

Korean automakers' production, exports and domestic sales in downtrend

Korean automakers are having a torrid time,... with output and sales in retreat at home and abroad.br Data released by the Bank of Korea and Statistics Korea on Saturday shows production was down twelve-and-a-half percent in March compared to the same month a year earlier.br Automobile production was been on the steady decline since the end of last year.br In terms of exports,... they were eight-point-six percent lower on-year in April.br The popularity of imported cars has also eaten into Korean automakers' domestic sales.br Sales were down zero-point-nine percent in March,... while imported car sales soared by more than 23 percent in the same month.


User: Arirang News

Views: 11

Uploaded: 2018-05-12

Duration: 00:41

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