SOUTH KOREAN AUTOMAKERS OUTPUT FELL IN 2019

South Korean automakers have experienced a decline of 4 million units in the annual production in 2019. This is the first time in a decade that the numbers fell so low. It came as an effect of labor unrest and the upliftment of Chinese rivals.

According to data released on Thursday by the Ministry of Trade, Industry, and Energy, Korean carmakers – Hyundai Motors, GM Korea, Kia Motors, Renault Samsung and SsangYong Moto – ....

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SOUTH KOREAN AUTOMAKERS OUTPUT FELL IN 2019

Published On 17 Jan 2020 12:41 PM

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