S. Korea’s Automobile Market to Suffer Negative Growth Next Year

SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s automobile market will likely suffer 0.9 percent negative growth next year due to lower overseas demand, an industry association said Thursday. In 2018, carmakers are expected to sell a total of 4.39 million vehicles, with 2.57 million units shipped abroad and domestic sales reaching 1.82 million units, [...]