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Japanese car sales in Korea slump 32% m/m in July amid boycott sparked by Tokyo’s trade curbs

Japanese car sales in Korea slump 32% m/m in July amid boycott sparked by Tokyo’s trade curbs


the ongoing sir Tokyo trade dispute and
resulting boycott has claimed another victim here in South Korea with sales of
Japanese cars crashing in July the trade ministry said on Thursday that Japanese
auto sales in South Korea plunged 32 percent a month to less than 2,700 units
the figure is also down more than 17 percent from the same month last year
this says domestic car production reached 360,000 in July an on-year
increase of his 17.4% Korean auto exports were estimated at 216 thousand
last month up 11.6 percent the biggest increase since the turn of the year the
rise is largely attributed to booming sales of echo friendly vehicles and SUVs
in North America and in the UAE you

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