SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s auto exports rose 8.6 percent on-year in 2021 on the back of the growing popularity of local brands in the global market and solid demand for eco-friendly vehicles, the industry ministry said Tuesday. Outbound shipment of vehicles reached 2.05 million units last year, compared with 1.89 million [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea’s exports of automobiles fell for the second consecutive month in October due mainly to an extended global supply shortage of automotive chips, data showed Thursday. Outbound shipments of automobiles reached 159,520 units last month, down 18.1 percent from a year earlier, according to the data compiled by [...]
SEOUL, Oct. 29 (Korea Bizwire) — The growth of South Korea’s exports of autos sharply slowed in the third quarter from three months earlier as disruptions of the global supply of auto chips dented vehicle output, data showed Friday. The country’s outbound shipments of cars came to US$9.7 billion in the July-September period, up 4.2 [...]
SEOUL, Oct. 15 (Korea Bizwire) — South Korea’s exports of automobiles fell more than 20 percent last month, ending eight months of on-year growth, amid the extended global supply shortage of automotive chips and fewer working days, data showed Friday. Outbound shipments of automobiles reached 151,689 units in September, down 20.7 percent from a year [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s exports of automobiles edged up 4 percent in August from a year earlier on robust sales of premium models, such as electric cars, despite the global supply shortages of automotive chips, data showed Wednesday. Outbound shipments of automobiles reached 135,871 units in August, according to the data [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s exports of automobiles edged down 2.9 percent in July from a year earlier as the global supply shortages of automotive chips hindered production, data showed Wednesday. Outbound shipments of automobiles reached 181,046 units in July, according to the Ministry of Trade, Industry and Energy. In terms of [...]
SEOUL, July 30 (Korea Bizwire) — South Korea’s exports of autos jumped 71.9 percent on-year in the second quarter on the back of robust demand for sedans and eco-friendly vehicles, data showed Friday. The country’s outbound shipments of cars came to US$10.7 billion in the April-June period, compared with $6.25 billion the previous year, according [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s exports of automobiles advanced 28 percent in the first half of 2021 on the back of the global economic recovery and rising demand for premium models, data showed Thursday. Outbound shipments of automobiles reached 1,049,658 units in the January-June period, rising from 820,873 units tallied a year [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s exports of automobiles jumped nearly 58 percent in May on the back of strong demand for eco-friendly cars and SUVs, data showed Sunday. Outbound shipments of automobiles reached 150,894 units in May, according to the Ministry of Trade, Industry and Energy. In terms of value, exports nearly [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s exports of automobiles jumped nearly 53 percent on-year in April, data showed Sunday, on the back of the global economic recovery coupled with a base effect. The country’s outbound shipments of automobiles reached 188,293 units in April, according to the Ministry of Trade, Industry and Energy. In [...]