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Yoon's approval rating plunges to all-time low
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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S. Korea votes in favor of Palestinian bid for UN membership
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
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Chinese man behind drug scam targeting teens nabbed in Cambodia
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[Graphic News] French bulldog most popular breed in US, Maltese most popular in Korea
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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[Monitor] Dim outlook for Korean carmakers amid slowing global demand
By Korea HeraldPublished : Aug. 30, 2017 - 16:38
The number of Korean cars sold globally between January and July this year declined 6.8 percent from the same period last year, due to slowing demand from China and the US, the world’s two biggest auto markets, a study showed Wednesday.
According to Woori Finance Research Institute, Korean carmakers’ sales in US turned south for the first time since 2010, while their sales in China plummeted 45.5 percent this year.
Hyundai Motor has five plants for manufacturing passenger vehicles and one for commercial trucks in China. Its sister company Kia Motors has three plants in Yencheng, northeastern Jiangsu province.
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Articles by Korea Herald
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