For the first time in decade Korean automakers’ 2019 output falls below 4-mn

The combined annual output of South Koreans was down for the first time in a decade by less than 4 million units in 2019, underlining the Korean industry's decreasing competitiveness because of persistent labor unrest and rising Chinese rivals.

Korean carmakers–Hyundai Motor, Kia Motors, GM Korea, Nissan Samsung, and SsangYong Motor–have delivered 3,951,000 units in 2019, down by 1.9 percent compared to a year ago, ac....