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Japanese car sales in Korea slump 32% m/m in July amid boycott sparked by Tokyo's trade curbs

2019-08-16 19 Dailymotion

7월 자동차 산업, 일본차 32% 감소, 국산 증가<br /><br />The ongoing Seoul-Tokyo trade dispute... and resulting boycott... caused sales of Japanese cars in Korea plummet last month.<br />The trade ministry said Thursday that sales of Japanese cars plunged 32 percent in July on-month to less than two-thousand-seven-hundred units.<br />The figure is also down more than 17 percent from the same month last year.<br />Meanwhile, Korea's car production reached 360-thousand units in July, an on-year increase of 17-point-four percent.<br />Korean auto exports were estimated at 2-hundred-16-thousand last month, up 11-point-six percent the biggest increase since the turn of the year.<br />The rise is largely attributed to booming sales of eco-friendly vehicles and SUVs in North America and in the EU.<br />

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