SEOUL, Oct. 30 (Korea Bizwire) — Exports of passenger cars moved up 16 percent in the third quarter of 2023 from a year earlier following robust demand for eco-friendly models, data showed Monday. South Korean carmakers shipped US$14.6 billion worth of passenger cars over the July-September period, rising from $12.6 billion tallied a year earlier, [...]
SEOUL, April 28 (Korea Bizwire) — Exports of passenger cars climbed 41 percent in the first quarter of 2023 from a year earlier to set a new record, data showed Friday, due to the robust overseas demand for eco-friendly vehicles. Carmakers in South Korea shipped passenger cars worth a combined US$15.4 billion over the January-March [...]
SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s exports of passenger cars rose 15 percent on-year in 2022 to reach a record high, data showed Monday, on the back of robust shipments of eco-friendly models. Carmakers shipped passenger cars worth a combined US$49 billion in 2022, up from $42.6 billion tallied a year earlier, according [...]
SEOUL, Oct. 31 (Korea Bizwire) – Exports of passenger cars advanced 30.1 percent in the third quarter of the year from a year earlier, data showed Monday, on the back of growing demand for eco-friendly vehicles. Carmakers here shipped passenger cars worth a combined US$12.6 billion during the July-September period, up from $9.7 billion a [...]
SEOUL, July 29 (Korea Bizwire) — Exports of South Korean-made passenger cars expanded 2.5 percent in the first half of the year, thanks mainly to brisk overseas demand for green cars, data showed Friday. Local carmakers shipped passenger cars worth a combined US$22.3 billion during the January-June period, up from $21.7 billion a year earlier, [...]
SEOUL, July 31 (Korea Bizwire) — Exports of South Korean-made passenger cars plunged 40.6 percent on-year in the second quarter as the coronavirus pandemic ravaged demand, data showed Friday. Local carmakers shipped passenger cars with a combined value of US$6.2 billion during the April-June period, according to the data compiled by the Korea Customs Service [...]
SEJONG, June 29 (Korea Bizwire) — South Korea’s finance ministry said Monday it will extend a temporary cut in consumption tax on passenger cars by another six months to boost consumption and support the auto industry hit by the coronavirus pandemic. The cut in consumption tax on passenger cars had been set to end Tuesday, [...]