SEOUL, Aug. 3 (Korea Bizwire) – Imported vehicle sales in South Korea fell 1.3 percent last month from a year earlier due to the end of tax cuts and lack of supplies in some brands, an industry association said Thursday. The number of newly registered imported cars came to 21,138 units in July, down from [...]
SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their vehicle sales in the United States rose 12 percent in July from a year earlier, helped by robust sales of SUVs and electric vehicles. Hyundai and Kia sold a total of 143,787 vehicles in the U.S. last [...]
SEOUL, Aug. 1 (Korea Bizwire) — An increasing number of consumers are showing a preference for packaged traditional chicken soup, or “samgyetang,” an iconic summer dish in South Korea. According to CJ Cheiljedang Corp., sales of Bibigo Samgyetang from July 1 to 25 tripled compared to the same period in April and May. In the first [...]
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 [...]
SEOUL, July 27 (Korea Bizwire) – Convenience stores are experiencing a surge in demand for COVID-19 test kits as South Korea reports a recent rise in new coronavirus cases. According to convenience store chain CU, sales of COVID-19 self-test kits between July 18 and 24 jumped by 34.8 percent compared to the previous week (July [...]
SEOUL, July 23 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp.’s electric vehicle (EV) sales rose 5.9 percent in the United States during the January-June period from a year earlier amid accelerating electrification, an industry association said Sunday. Hyundai and Kia sold a combined 46,826 EV models in the first half [...]
SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their vehicle sales in Europe rose 3.3 percent in the January-June period from a year earlier, helped by robust sales of their SUV models. Hyundai and Kia sold a total of 575,432 vehicles in Europe in the first [...]
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 [...]
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, [...]
SEOUL, June 28 (Korea Bizwire) – Retail sales in South Korea rose 5.7 percent on-year in May as consumers celebrated holidays amid the lifting of COVID-19 restrictions, the industry ministry said Wednesday. The combined sales of 25 major offline and online retailers came to 15 trillion won (US$11.5 billion) last month, compared with 14.1 trillion [...]