13 Jun 2019, Gergana Bencheva, EMIS Editor
S Korea’s auto output grows 4.1% y/y in May
Auto exports alone rose by 13.6% year-on-year to USD 3.95 billion in terms of value and by 6.1% to 226,096 in terms of quantity. The growth was attributed to the robust sales of SUVs and eco-friendly cars.
The combined production data involved the activity of five automakers, namely Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co, Yonhap News added.
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