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South Korea’s auto sales hit 19-year high in 2015

by ChemOrbis Editorial Team -
  • 05/01/2016 (16:46)
According to media reports, auto sales of South Korea’s five domestic carmakers reached the highest level in 19 years in 2015 owing to strong domestic demand. Local car sales by Hyundai, Kia, GM Korea, Renault Samsung and Ssangyong rose 8.7% on the year to reach 1,579,706 units while global car sales for the five companies mentioned above climbed 0.7% to reach 9,011,240 units.

Meanwhile, South Korea’s car exports slid 0.8% from a year earlier to reach 7,431,534 units in 2015.
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