According to the Korea Automobile Industry Association February 3 showed, in 2014, South Korean car production rose 0.1 percent, to 4.52 million, accounting for 5.0% of global automotive production. Thus, the Republic of Korea since 2005, for 10 consecutive years to maintain the position as the world's fifth-largest car manufacturing country.
Aspects of the Korean Automobile Industry Association, said the depreciation of the yen reduction in Korea's auto exports, but in the new models listed, such as the expansion of the domestic market, driven by growth in the Korean automobile production up slightly.
Driven by China and the US auto sales increase in 2014, global automotive production increased by 2.0%, to 90.1 million. Specifically, China's auto output grew 7.3%, to 23.72 million, accounting for 26.3 percent of global production, for six consecutive years to maintain the world's first. At low oil prices and US consumer confidence to pick up, driven by car production rose 5.3%, to 11.65 million, the highest since 2006, the maximum to keep the world's second. Japanese auto production rose 1.5% to 9.77 million, accounting for the world's third. German car production rose 0.9% to 5.93 million, ranking fourth. India, Mexico, Brazil, Spain and Canada, in turn ranked sixth to tenth.