South Korean vehicle production increased by 12.3% year on year to 433,799 units in April, driven by strong domestic and overseas demand - according to the Ministry of Trade and Industry.
South Korean vehicle production increased by 12.3% year on year to 433,799 units in April, driven by strong domestic and overseas demand – according to the Ministry of Trade and Industry.
Sales of domestically-produced vehicles increased by 10.2% to 131,053 units while exports jumped by 14% to 433,799 units despite the recent appreciation of the Korean won – reflecting strong demand from the US and China.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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