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\n The Republic of Korea’s car exports fell 4.3 percent on-year in August, data showed Thursday, although robust shipments of hybrid models limited the overall decline.<\/p>\n

Yonhap News Agency quoted the Ministry of Trade, Industry and Energy as saying that the combined value of car shipments reached US$5.1 billion in August. The number of cars shipped totalled 188,619, down 6.2 percent over the period.<\/p>\n

Outbound shipments of hybrid cars, however, increased 85 percent on-year in August to reach $1.07 billion, amid growing demand for eco-friendly automobiles in the global market.<\/p>\n

The number of cars produced totalled 289,948 in August, down 7.1 percent from a year earlier.<\/p>\n

Domestic sales of automobiles reached 128,199, down 1.9 percent over the period.<\/p>\n

Source: Emirates News Agency <\/p>\n","protected":false},"excerpt":{"rendered":"

The Republic of Korea’s car exports fell 4.3 percent on-year in August, data showed Thursday, although robust shipments of hybrid models limited the overall decline.<\/p>\n

Yonhap News Agency quoted the Ministry of Trade, Industry and Energy as saying that…<\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-274552","post","type-post","status-publish","format-standard","hentry","category-general"],"yoast_head":"\nKorea's auto exports fall 4.3% in August - Fujairah Updates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fujairahupdates.com\/koreas-auto-exports-fall-4-3-in-august-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Korea's auto exports fall 4.3% in August - Fujairah Updates\" \/>\n<meta property=\"og:description\" content=\"The Republic of Korea's car exports fell 4.3 percent on-year in August, data showed Thursday, although robust shipments of hybrid models limited the overall decline. 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