Seoul [South Korea], August 20 (ANI/Global Economic): Korean automobile companies have sold 2,297,000 units in the global market in the first half of this year, closing to the level of 2,303,000 units sold in the first half of 2019. In particular, global market share increased by 0.6 per cent p from 7.4 per cent in in the first half of 2019 to 8.0& in the first half of this year.
Compared to the first half of 2019 before COVID-19, India (1.5 per cent) and Russia (6.0 per cent) showed positive growth rate. The U.S. (1.3 per cent) and China (1.1 per cent) also showed similar level before COVID-19. However, Brazil (24.6 per cent), Europe (23.0 per cent), and Mexico (19.6 per cent) showed relatively slow recovery.
Korean automobile companies have sold 2,297,000 units in the global market in the first half of this year, closing to the level of 2,303,000 units sold in the f
Sales of foreign auto brands rise over domestic models koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Korean carmakers ask EU to be considerate with new carbon policy
Posted : 2021-08-04 14:43
EU flag / AP-Yonhap
South Korean carmakers called on the European Union to be considerate in adopting stricter regulations to curb carbon dioxide emissions due to a possible impact on the automobile industry and consumers rights, a local industry association said Wednesday.
Last month, the European Commission released its Fit for 55 legislation package aimed at cutting net greenhouse gas emissions by 55 percent by 2030, higher than the previously set 40-percent target.
The EU aims to ban the sale of combustion engine vehicles in 2035 as part of efforts to achieve the economic bloc s goal to become the first climate-neutral continent by 2050.