S. Korea’s Automotive Export Logs Double-Digit Growth In Apr

S. Korea’s Automotive Export Logs Double-Digit Growth In Apr

SEOUL, May 16 (NNN-YONHAP) – South Korea’s automotive export logged a double-digit growth last month, due to robust demand for eco-friendly vehicles, government data showed, today.

Car shipment soared 40.3 percent from a year earlier, to 6.16 billion U.S. dollars in Apr, according to the Ministry of Trade, Industry and Energy.

The number of exported vehicles was 247,399 in Apr, up 25.3 percent from the same month of last year.

Export for eco-friendly cars jumped 55.8 percent to 2.05 billion dollars, while the number of exported such vehicles surged 33.7 percent to 63,824.

The number of vehicles manufactured in local factories gained 24.7 percent from a year earlier, to 382,265 in Apr.

The number of cars sold in South Korea, including locally-made and imported vehicles, was 149,374 in Apr, up 4.3 percent from a year earlier.– NNN-YONHAP  

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