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S. Korea’s Auto Exports Projected to Reach Record High in 2024: Report

S. Korea’s Auto Exports Projected to Reach Record High in 2024: Report

SEOUL, Jun. 23 (Korea Bizwire) – South Korea’s car exports are forecast to reach a record high this year, driven by solid demand for eco-friendly models and sport utility vehicles, an industry association said Sunday. According to the Korea Automobile and Mobility Association (KAMA), the country’s car exports are projected to grow 5.4 percent on-year [...]

Auto Exports Up 15 pct in July on Strong Eco-friendly Car Sales

Auto Exports Up 15 pct in July on Strong Eco-friendly Car Sales

SEOUL, Aug. 17 (Korea Bizwire) — South Korea’s car exports jumped 15 percent on-year in July on the back of solid global demand for eco-friendly cars, the industry ministry said Thursday. The value of outbound shipments of automobiles came to US$5.9 billion last month, compared with $5.14 billion a year earlier, according to data from [...]

Auto Exports Jump 50 pct in May on Strong Eco-friendly Car Sales

Auto Exports Jump 50 pct in May on Strong Eco-friendly Car Sales

SEOUL, June 15 (Korea Bizwire) — South Korea’s car exports soared nearly 50 percent on-year in May driven by vibrant demand for eco-friendly cars, particularly in the U.S. market, the industry ministry said Thursday. The value of outbound shipments of automobiles came to US$6.2 billion last month, up 49.4 percent from a year earlier to [...]

Auto Exports Jump 40 pct in April on Vibrant Eco-friendly Car Sales

Auto Exports Jump 40 pct in April on Vibrant Eco-friendly Car Sales

SEOUL, May 16 (Korea Bizwire) — South Korea’s car exports surged 40.3 percent on-year in April on the back of solid demand for eco-friendly cars, the industry ministry said Tuesday. The value of outbound shipments of automobiles came to US$6.16 billion last month, compared with $4.4 billion a year earlier, according to the data from [...]

Auto Exports Up 21.9 pct in Jan. on Record Sales of Eco-friendly Cars

Auto Exports Up 21.9 pct in Jan. on Record Sales of Eco-friendly Cars

SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s car exports jumped 21.9 percent in January on-year, driven by record-high global sales of eco-friendly cars, data showed Monday. The value of outbound shipments of automobiles came to US$4.98 billion last month, up from 4.09 billion a year earlier, according to the data from the Ministry of [...]

Auto Exports Hit Record High in Nov. on Popularity of Eco-friendly Cars

Auto Exports Hit Record High in Nov. on Popularity of Eco-friendly Cars

SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s car exports reached an all-time high in November on strong demand for eco-friendly cars and stable supply of automotive semiconductors, data showed Monday. The value of outbound shipments of automobiles came to US$5.4 billion last month, up 31 percent on-year to set the largest monthly record, according [...]

Auto Exports Jump 28 pct in October on Solid Demand for Eco-friendly Cars

Auto Exports Jump 28 pct in October on Solid Demand for Eco-friendly Cars

SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s car exports jumped 28.5 percent on-year last month on brisk demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to US$4.92 billion last month, the largest ever for any October, according to the data from the Ministry of Trade, Industry and [...]