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Cigarette Sales in S. Korea Slightly Down in H1

Cigarette Sales in S. Korea Slightly Down in H1

SEOUL, July 28 (Korea Bizwire) — Sales of cigarettes in South Korea moved down 0.6 percent on-year in the January-June period, data showed Friday. South Korean smokers purchased 1.77 billion 20-cigarette packs in the first half, falling from 17.8 billion packs posted a year earlier, according to the Ministry of Economy and Finance. Heat-not-burn tobacco [...]

Rain and Sun Dual-use Umbrellas Popular amid Fickle Summer Weather

Rain and Sun Dual-use Umbrellas Popular amid Fickle Summer Weather

SEOUL, July 12 (Korea Bizwire) — Rain and sun dual-use umbrellas are enjoying increasing popularity due to the unpredictable weather during the rainy season, which brings both rain and sunshine. Online shopping mall Gmarket witnessed a threefold increase in the sales of umbrellas and yangsan (small portable parasols) from July 3 to 9 compared to [...]

Hyundai, Kia U.S. Sales Rise 9.9 pct in June on SUVs, Eco-friendly Models

Hyundai, Kia U.S. Sales Rise 9.9 pct in June on SUVs, Eco-friendly Models

SEOUL, July 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Tuesday their combined sales in the United States rose 9.9 percent in June from a year earlier on robust sales of SUVs and environment-friendly models. Last month, Hyundai and Kia sold 145,849 vehicles in the world’s most important automobile market, [...]

Minicar Market Stagnant Again Due to Waning Popularity of Hyundai’s Casper

Minicar Market Stagnant Again Due to Waning Popularity of Hyundai’s Casper

SEOUL, June 26 (Korea Bizwire) — South Korean minicar market has once again slowed down this year after initially showing signs of a revival due to the popularity of Hyundai Motor Co.’s Casper mini SUV. Domestic sales of minicars totaled 50,562 units in the first five months of this year, representing an 8.2 percent year-on-year [...]