Auto exports in Korea reach record first-quarter high in 2024
Korea's exports of autos reached a record high for any first quarter in 2024, data showed Tuesday.
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Korea's exports of autos reached a record high for any first quarter in 2024, data showed Tuesday.
The car company has ambitious plans to double its total capacity by 2030, including an ambitious export target.
Thai Feb Car: Thailand is Southeast Asia's biggest autos production centre and an export base for some of the world's top carmakers, including Toyota and Honda, with pickup trucks among the key vehicles manufactured.
Korea's car exports advanced nearly 25 percent in January, driven by solid demand for electric vehicles and other eco-friendly cars, data showed Wednesday.
Chinese carmakers are expected to export 5 million vehicles in 2024, with much of the demand coming from markets such as Southeast Asia and firmly establishing China as the world’s No 1 exporter, the Swiss bank says.