SEOUL, Feb. 15 (Korea Bizwire) — South Korean cars are showing outstanding performance in the Australian market. As the local economy is the recovery from the pandemic, various marketing strategies have worked in boosting imports. The Korea Automobile Manufacturers Association reported that a total of 137,547 South Korean automobiles were exported to Australia last year, [...]
SEJONG, Oct. 18 (Korea Bizwire) — South Korea’s exports of automobiles jumped nearly 60 percent last month from a year earlier on recovering demand from Europe and North America, government data showed Wednesday. The total value of vehicles shipped overseas reached US$3.82 billion in September, up 57.6 percent from a year earlier, according to the [...]
SEOUL, Sept. 4 (Korea Bizwire) — Hyundai Motor Co. and Kia Motors Corp., South Korea’s two biggest carmakers, saw their sales growth in Chile slow down this year due to the won’s strength, a state-run trade promotion agency said Monday. In the January-July period, Hyundai’s sales in the Latin American market grew 11 percent on-year to 17,276 [...]
SEOUL, Korea, Mar 21 (Korea Bizwire) — Sales of Korean cars hit a record-high level in China. On March 19, Korea Institute for Industrial Economics and Trade said that the total number of passenger cars sold in China last year is estimated to be 17,929,000, which has increased 15.7 percent from the previous year. Korean [...]