south koreas car exports down 13 in h1
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

South Korea's Car exports down 13% in H1

Egypt Today, egypt today

Egypt Today, egypt today South Korea's Car exports down 13% in H1

South Korea's Car exports down 13% in H1
Seoul - QNA

South Korea's exports of automobiles plunged more than 13% in the first six months of the year on the back of falling demand from new emerging markets, government data showed Sunday. 
South Korean carmakers shipped 1.33 million units of vehicles abroad over the January-June period, down 13.3% from a year earlier, according to the data by the Ministry of Trade, Industry and Energy. 
The government said the decrease followed the sluggish growth in new emerging markets, such as the Middle East, and the Central and South Americas. 
Overseas shipments to the Middle East region tumbled 40.3% on-year and to the Central and South Americas decreased 15.3% on-year, according to South Korea's (Yonhap) News Agency. 
Auto sales in the domestic market, however, jumped more than 9% in the first half of this year from a year earlier, the data showed, an increase that could be attributable to a temporary tax cut on cars. 
The combined sales of automakers operating in South Korea came to 934,864 units in the January-June period, up 9.1% from a year earlier, according to the data. 
Sales of foreign cars in South Korea, meanwhile, were weighed down by a slump of German automaker Volkswagen Group in the wake of a widening probe into its emissions scandal here, the data showed. 
The percentage of imports out of the total came to 14% in the January-June period, down 1.2% points from 15.2% a year earlier, the data showed.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south koreas car exports down 13 in h1 south koreas car exports down 13 in h1



GMT 07:52 2018 Thursday ,13 September

UAE minister receives UN official

GMT 17:47 2017 Monday ,09 October

Egypt's Khattab gets 11 votes

GMT 09:37 2017 Monday ,16 October

Oculus unveils standalone

GMT 12:30 2018 Friday ,14 December

Noriaki Kasai: 30 years of World Cup ski-jumping

GMT 18:21 2018 Thursday ,18 October

Five Czech soldiers wounded in Afghanistan attack

GMT 08:40 2017 Thursday ,20 April

Corruption row threatens Brazil's economic reforms

GMT 05:23 2013 Wednesday ,07 August

US housing recovery slows down in August

GMT 21:33 2016 Monday ,28 March

UAE is guest at Gala Opera Show in Lisbon

GMT 09:01 2018 Saturday ,20 January

Trump to meet British PM May in Davos next week
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday