SEOUL, April 7 (Korea Bizwire) — Swimsuit and beachwear sales are soaring as an increasing number of people are planning to travel overseas after the government lifted its two-week mandatory quarantine policy for all travelers entering the country. Online shopping mall Auction reported a 337-percent increase in female water leggings sales between March 12 and [...]
SEOUL, April 7 (Korea Bizwire) — South Korea’s domestic car sales hit a five-year low last year, but the average selling price of new models reached an all-time high, data showed Wednesday. Last year’s domestic auto sales amounted to 1,735,000 units, down 9 percent from a year ago and equivalent to 90 percent of the average [...]
SEOUL, April 6 (Korea Bizwire) — Samsung Electronics Co. said Wednesday the sales of its latest Galaxy S series are expected to surpass 1 million units in South Korea later this week, two weeks faster than its predecessor did. The Galaxy S22 series was launched on Feb. 25 with three models — the Galaxy S22, [...]
SEOUL, April 6 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Wednesday its on-year vehicle sales jumped 18 percent in India last month on demand for its multipurpose model. Kia sold 22,622 vehicles in India last month, marking the biggest monthly sales figure since it entered the emerging market in August 2019, according [...]
SEOUL, April 5 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 8.7 percent in March as chip shortages continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles fell to 24,912 units last month from 27,297 units a year ago, the Korea Automobile Importers & [...]
SEOUL, April 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Saturday their combined sales in the United States fell 3.7 percent in the first quarter compared with a year ago due to the prolonged pandemic and chip shortages. The corporate duo sold a total of 322,593 vehicles in the U.S. [...]
SEOUL, April 1 (Korea Bizwire) — South Korean carmakers’ sales fell 10 percent last month from a year earlier, as global chip supply disruptions continued to affect vehicle production and sales, industry data showed Friday. The five carmakers in South Korea — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Korea Motors and SsangYong [...]
SEOUL, March 29 (Korea Bizwire) — Retail sales in South Korea rose 4.7 percent in February from a year earlier on the back of growing online consumption amid the worst COVID-19 wave, the industry ministry said Tuesday. The combined sales of 25 major offline and online retailers reached 12.19 trillion won (US$9.99 billion) last month, [...]
SEOUL, March 28 (Korea Bizwire) — Hyundai Motor Group’s cumulative sales of eco-friendly vehicles in the United States surpassed the 500,000-unit mark in February, 11 years after its entry into the American market, the group said Monday. The group’s two flagships — Hyundai Motor Co. and Kia Corp. — sold a combined 15,218 environmentally friendly [...]
SEOUL, March 24 (Korea Bizwire) — Heightened interest in earning extra income through side-jobs is resulting in a growing number of related publications. Books about smart stores or generating profit on social media, in particular, are gaining popularity. Yes24, a leading online bookstore, reported that among books about secondary jobs, 36.3 percent were books that [...]