SEOUL, April 21 (Korea Bizwire) — South Korean carmakers’ global market share inched down in 2022 from a year earlier due largely to weaker sales in China and Russia, industry data showed Friday. Local automakers accounted for 7.3 percent of vehicle sales in the world’s eight major markets last year, down from 7.7 percent in [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korean carmakers’ global market share slightly fell to 7.7 percent in the first half from a year earlier amid the extended chip shortage, industry data showed Sunday. From January to June, Korean carmakers sold a total of 2.1 million vehicles in the world’s eight major markets, down 9.9 [...]
SEOUL, March 4 (Korea Bizwire) — South Korea’s share of the global car market remained unchanged in 2020 from a year earlier due mainly to sluggish performance in China, industry data showed Thursday. Sales by South Korean automakers accounted for 7.5 percent of the total in the United States, China, Europe and four other major [...]
SEOUL, April 29 (Korea Bizwire) — South Korean carmakers enjoyed an increased market share in global markets in the first quarter as they preemptively responded to the coronavirus outbreak, a local car industry association said Wednesday. Korean automakers’ global market share rose to 8.4 percent in the January-March quarter, up from 7.3 percent in the [...]