Auto Sales Archives | Be Korea-savvy

Auto Sales in S. Korea Hits 14-Year High in Q1

SEOUL, April 11 (Korea Bizwire) – Auto sales in South Korea rose to the highest in 14 years in the first quarter of the year, aided by solid demand for new models, industry data showed Tuesday. Data from the Korea Automobile Manufacturers Association (KAMA) showed that the country’s five automakers and two commercial vehicle manufacturers [...]

Hyundai, Kia See U.S. Sales Drop Nearly 7 Percent in Feb.

WASHINGTON, March 1 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined sales in the United States drop nearly 7 percent in February as Kia’s sales slumped, industry data showed Wednesday. The two South Korean auto giants sold a combined 95,693 units in the U.S. last month, down [...]