Korean carmakers' auto output and exports increase in May
- 5 years ago
5월 국내 자동차 생산, 수출 2개월 연속 증가
South Korean carmakers' production and exports rose in May for a second consecutive month.
Trade Ministry data show they made 366-thousand cars in May, an on-month increase of four percent, thanks to new car production and one more working day.
Exports increased six percent on-year, thanks to solid sales of eco-friendly cars and SUVs in North America despite poor sales in Europe.
Car sales domestically, though, were down more than 2 percent because of slower sales of imports.
South Korean carmakers' production and exports rose in May for a second consecutive month.
Trade Ministry data show they made 366-thousand cars in May, an on-month increase of four percent, thanks to new car production and one more working day.
Exports increased six percent on-year, thanks to solid sales of eco-friendly cars and SUVs in North America despite poor sales in Europe.
Car sales domestically, though, were down more than 2 percent because of slower sales of imports.