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South Korean Five vehicle manufacturers sales down

South Korean automotive industry, according to data on September 1 released by the union strikes and vacations influence, Hyundai, Kia Motors, GM Korea, Renault Samsung, Ssangyong Motor vehicle manufacturers at home and abroad, such as Korea five sales in August fell 7.3 percent year on year , for 63.8372 million.

Data show that in August, South Korea's domestic car sales in the top five manufacturers fell 3.9 percent, to 10.5983 million. In addition to Hyundai domestic sales up slightly by 1% addition, Kia Motors fell 7.7%, Renault Samsung fell 6.9 percent, GM Korea dropped 11%, Ssangyong Motor country flat with a year earlier.

Exports, in August, five vehicle manufacturers in Korea Automobile exports fell 8 percent, to 53.2389 million. In addition to Renault Samsung exports in August increased 1.8% year on year slightly outside, Hyundai Motor fell 6.9 percent, Kia Motors fell 2.0 percent, while South Korea's Ssangyong Motor and GM were plunged 35.7 percent and 30.2 percent.

South Korean auto industry official said, due to the August vacation season and the impact of union strikes, Korea vehicle domestic and export showed a downturn trend. Industry forecasts, mature markets and emerging markets are growing slowly, exchange rate fluctuations lead to increased uncertainty, the export outlook is not optimistic.

ould not exceed 80 milligrams per kilometer.

 

Personnel environmental organizations, independent researchers and the Commission said that because there are still loopholes exist, the new regulations may not be able to achieve significant results. In addition, the original emission standards will stop the implementation of this month.