SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s Hyundai Motor Co. topped sales charts in the global hydrogen vehicle market during the January-September period, a market research firm said Thursday. SNE Research reported that 14,400 hydrogen fuel-cell electric vehicles (FCEVs) were sold worldwide in the nine-month period, up 10.1 percent from last year. Hyundai, led [...]
SEOUL, Nov. 3 (Korea Bizwire) – Sales of imported vehicles in South Korea jumped 35 percent last month from a year earlier despite the extended chip shortage, an industry association said Thursday. The number of newly registered foreign vehicles stood at 25,363 units last month, up from 18,764 units a year ago, the Korea Automobile [...]
SEOUL, Nov. 2 (Korea Bizwire) — Hyundai Motor Group said Wednesday its overall vehicle sales in the United States rose 7.9 percent last month from a year earlier despite the extended chip shortage. Hyundai Motor Co., its independent Genesis brand, and Hyundai’s smaller affiliate Kia Corp. sold a combined 123,233 vehicles in the world’s most [...]
SEOUL, Oct. 31 (Korea Bizwire) — Sales of zero-calorie drinks are on the rise in the post-pandemic era as more people from the younger generation look after their health. Convenience store chain CU reported a more than 15-fold increase in sales of zero-calorie beverages this year compared to 2019, up by 112.5 percent from last [...]
SEOUL, Oct. 31 (Korea Bizwire) — Retail sales in South Korea grew 7.5 percent on-year in September on an increase in people’s outdoor activities amid eased antivirus curbs, data showed Monday. The combined sales of 25 major offline and online retailers came to 14.21 trillion won (US$9.98 billion) last month, compared with 13.2 trillion won [...]
SEOUL, Oct. 27 (Korea Bizwire) — Padded and non-padded coat sales are on the rise as more consumers are preparing for the early coming of winter. Shinsegae International Inc., the apparel arm of retail giant Shinsegae, said Wednesday that its fashion brands VOV, STUDIO TOMBOY, ILAIL, Della Lana and G-CUT’s sales between Oct. 1-23 jumped [...]
SEOUL, Oct. 20 (Korea Bizwire) — Fresh and processed food sales are on the rise as more people are choosing to dine at home instead of going to a restaurant due to rising consumer prices. Major online shopping mall Gmarket, citing its sales data for the third quarter of this year, said Wednesday that fresh [...]
SEOUL, Oct. 19 (Korea Bizwire) — “Used but nearly new cars” are drawing attention due to lengthy delivery delays for new cars resulting from the prolonged disruption in the supply of chips for automobiles. According to used car platform Encar, the share of “nearly new cars” among overall sales of used cars has been on [...]
SEOUL, Oct. 18 (Korea Bizwire) — Marine sports such as surfing, scuba diving, yachting and others have gained popularity in recent years, data showed Monday. KB Kookmin Card Co., a credit card arm of KB Financial Group Inc., analized the four-year data of credit card sales related to marine sports, which showed a 140 percent [...]
SEOUL, Oct. 18 (Korea Bizwire) — Sport utility vehicles (SUVs) are sweeping South Korea’s car sales charts this year, thanks to a shift in consumer sentiment resulting from the COVID-19 pandemic and carmakers’ profitability-centered strategy. The domestic sales of SUVs, including recreational vehicles (RVs), stood at 618,384 units in the first nine months of this [...]