Exports of South Korean Car anticipated dropping For 7th Consecutive Year

Because of declining demands in the emerging markets, it is being expected that the auto exports of South Korea will be dropping this year for the 7th consecutive year in terms of volume, as per the data collected by the Korea Automobile Manufacturers’ Association.

Car manufacturers based in South Korea shipped 1.98M units in the initial ten months of this year, a number which is 0.4 percent less than the figure of last years, ....