Exports of cars from South Korea decreased by 43% in April - KAMA

Due to the spread of coronavirus, it is expected that car exports from South Korea will be halved in April. This is reported by Yonhap News with reference to representatives of the Association of Korean Automobile Manufacturers (KAMA). According to experts, in April exports of five automobile companies of South Korea will decrease by 43%, to 126,589 units. Hyundai Motor's exports are expected to decline by 39.1%, to 55,000 cars, KIA Motors by 48.7%, to 46,000 cars, GM Korea by 31.2%, to 22,565 cars, Renault Samsung by 72.9%, to 2,044 cars, to 51.1%, to 980 cars SsangYong It is noted that in the first quarter of 2020 exports decreased by 17.6%.