S. Korea’s Car Exports Plunge Amid Weak Demand from Middle East

SEJONG, Feb. 10 (Korea Bizwire) – South Korea’s automobile exports nosedived at the fastest clip in more than six years in January as fast-falling oil prices dragged down demand from emerging markets, the government said Wednesday. Outbound shipments of vehicles came to 201,967 units last month, down 18.8 percent from 248,613 units tallied a year [...]