South Koreas automotive production, sale and export fell last month due to the global supply chain disruption, a government report showed Friday.<\/p>\n
The number of cars produced in local factories was 302,161 in March, down 9.5 percent from a year earlier, according to the Ministry of Trade, Industry and Energy.<\/p>\n
It was attributed to the disruption of global supply chain, especially semiconductors used to make vehicles.<\/p>\n
The domestic sale of locally-made and imported vehicles sank 19.1 percent over the year to 138,647 units in March.<\/p>\n
The number of exported cars retreated 7.7 percent to 179,630 last month. In terms of value, the automotive export reduced 9.7 percent to 3.97 billion U.S. dollars.<\/p>\n
Solid global demand continued for environmentally-friendly vehicles, the export of which surged 45.5 percent from a year earlier to 41,320 units in March.<\/p>\n
The local sale of the environmentally-friendly vehicles jumped 26.8 percent to 38,784 units last month.<\/p>\n
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S.Korea's automotive production, sale, export fall in March - Macau Business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" South Koreas automotive production, sale and export fell last month due to the global supply chain disruption, a government report showed Friday. The number of cars produced in local factories was 302,161 in March, down 9.5 percent from a year earlier, according to the Ministry of Trade, Industry and Energy. It was attributed to the disruption of global supply chain, especially semiconductors used to make vehicles Continue reading