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South Korean car exports fell for 12 consecutive months in October fell 13%- Sohu car-www.jkggg.net

Korea automobile exports fell for a 12 month in October dropped 13%- auto Sohu according to Yonhap News reported on November 10th, by the end of October, Korea automobile exports fell for 12 consecutive months, mainly because of the reduced demand for cars in emerging markets, and effects of the largest car maker KIA native modern strike. South Korea’s trade, industry and energy minister released data show that in October exports of 216931 vehicles, compared with the same period last year, a decrease of 13.1 percentage points of the car. In the context of the global economic slowdown, South Korea’s auto exports continued to decline since last November, exports in August was only 140506, the lowest level in the past 7 years. The first 10 months of this year, the export volume of cars was 2 million 70 thousand, plunged by 15.1 percentage points, total exports of $32 billion 100 million, down by 14.4 percentage points. South Korean government officials said the modern KIA workers strike and weakening demand in emerging market countries hindered the export of cars. In recent months, South Korea’s two leading car manufacturers, Hyundai Motor Company and Kia Motor Co trade union members strike, disrupted the normal production process, affecting the export of cars. As a result of employee strikes, in October the total production of 5 local car companies decreased by 14.2 percentage points, compared with the same period last year, compared to 405167 units, down to 347470. In October, including imported cars, domestic car sales decreased by 10 percentage points, to 148078, in part due to the South Korean government to implement the passenger car tax policy expires at the end of June. (Editor: Huang Yuanping)相关的主题文章: