Korea’s Car Output Forecast to Reach 4.51 Mil. Units Next Year
Korea’s Car Output Forecast to Reach 4.51 Mil. Units Next Year
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2014.11.28 18:02
  • 댓글 0
이 기사를 공유합니다

SEOUL KOREA - Korea’s car output is forecast to reach 4.51 million units next year, according to the 2014 economic and industrial outlook report by the Korea Institute for Industrial Economics & Trade.

The report said that the nation’s car output is likely to reach 4,514,000 units next year, up 0.5 percent from this year’s estimate of 4.49 million units.Domestic car sales are expected to reach 1,662,000 units next year, up 1.7 percent from a year ago.

Car exports are likely to rise 2.8 percent to $77.8 billion, while imports may grow 7.2 percent to $14.5 billion.

The report noted that despite a string of positive factors, including the increase in export unit prices and the economic recovery of advanced countries, the nation’s automobile industry would have a limited growth next year due to the increase in overseas production, the decline in yen’s value and sluggish demand from emerging markets.

 

Article provided by The Korea Economic Daily

댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트