Car Production Archives | Be Korea-savvy

S. Korea’s Car Production Falls in 2018 to World’s 7th

SEOUL, Feb. 10 (Korea Bizwire) — South Korea’s auto production tumbled for a third consecutive year in 2018 amid weaker domestic and global demand, data showed Sunday. According to the data by the Korea Automobile Manufacturers Association (KAMA), South Korea produced 4.03 million vehicles last year, down 2.1 percent from the previous year. The figure [...]

S. Korea Falling behind in Car Production

SEOUL, May 31 (Korea Bizwire) – South Korea’s auto production in the first quarter fell to the lowest level in seven years for the three-month period, data showed Thursday, further threatening its status as a leading car manufacturer. South Korea produced close to 1.05 million vehicles from January through March, down 2.8 percent from the [...]