auto output Archives | Be Korea-savvy

S. Korea’s H1 Auto Output Hits 11-year Low amid Coronavirus

SEOUL, July 27 (Korea Bizwire) — South Korea’s auto output sank nearly 20 percent to an 11-year low in the first half of the year due to the coronavirus outbreak, industry data showed Monday. Industry leader Hyundai Motor Co. and four other automakers produced 1.63 million vehicles in the January-June period, down 19.8 percent from [...]

S. Korea’s Auto Output Likely to Hit 9-yr Low in 2019

SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s automobile output is widely expected to reach a nine-year low this year on sluggish sales at home and abroad, dipping to below 4 million units for the first time since 2009, data showed Sunday. In the first 10 months of the year, the combined sales of automakers [...]