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Korean carmakers' auto output and exports increase in May

2019-06-13 1 Dailymotion

South Korean carmakers' production and exports increased for the second consecutive month in May.<br />Trade Ministry data shows 366-thousand cars were made in May, an on-month jump of four percent thanks to new car production and one more working day.<br />Exports increased six percent on-year, thanks to solid sales of eco-friendly cars and SUVs in North America despite poor sales in Europe.<br />Domestic car sales dropped more than 2 percent on-year due to sluggish sales of imported cars.<br />

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