S. Korea's auto exports go up but domestic car sales drop
- 5 years ago
11월 자동차 산업, 생산•수출 늘고 내수 소폭 감소
It was a mixed bag for South Korea's auto industry last month as production and exports increased but sales fell domestically.
That's according to the latest trade ministry figures, which show car production jumped two-point-two percent on-year in November to exceed 390-thousand units.
For the year, though, through November, the figure is down 4-point-4 percent to 3-point-6-7 million units in total.
Exports went up 1-point-6 percent from the month before... thanks to better sales in North America and Europe.
But sales in Korea dropped slightly by four-tenths-of-a-percent.
Sales of foreign brands in Korea went up, but home-grown brands saw an on-year drop of zero-point-seven percent.
It was a mixed bag for South Korea's auto industry last month as production and exports increased but sales fell domestically.
That's according to the latest trade ministry figures, which show car production jumped two-point-two percent on-year in November to exceed 390-thousand units.
For the year, though, through November, the figure is down 4-point-4 percent to 3-point-6-7 million units in total.
Exports went up 1-point-6 percent from the month before... thanks to better sales in North America and Europe.
But sales in Korea dropped slightly by four-tenths-of-a-percent.
Sales of foreign brands in Korea went up, but home-grown brands saw an on-year drop of zero-point-seven percent.