Korean automotive companies witness jumps in sales, production

20 October 2020

South Korea’s automotive industry has recovered to see sales and production grow by over 20 percent on-year in September, government data showed Monday. According to the data from Ministry of Trade, Industry and Energy, the production of Korean cars increased by 23.2 percent in September, compared to the same time last year. Overall sales went up as well. In September, 137,771 Korean cars were sold in the domestic market, up 22.2 percent compared to the year earlier.

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