Sales of Cars Increase Despite Decline in Production

  • Arirang News

    May 18, 2018 08:33

    Carmakers saw an increase in their sales in the domestic market last month, despite a continued decline in production and exports.

    The Trade Ministry said on Thursday the sales jumped 4.7 percent from the same period last year.

    Domestic production and outbound shipments dipped 6.4 percent and 8 percent on-year, respectively, due to falling overseas demand amid increased competition.

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