EXPORT OF PASSENGER CARS SLUMPED BY 41 PERCENT IN Q2

Highlights:

• The export of South Korean made passenger cars slumped by 40.6 percent in the second quarter (Q2).
• In the period of April-June, South Korean carmakers shipped passenger cars worth US$ 6.2 billion.
• The number of passenger car units has also dropped by 47.4 percent on-year to 350,000.

Coronavirus pandemic outbreak has taken a toll on many industries. One of th....