Tag: South Korea’s auto output dips by 2% during H1 CY’22

  • South Korea’s auto output dips by 2% during H1 CY’22

    South Korea’s auto output dips by 2% during H1 CY’22

    The global shortage of semi-conductors, supply chain disruptions among component suppliers in China, and concerns about the worsening conflict in Ukraine led automobile production in South Korea during this year’s January-June half to slip by 2% to 1.78 million units, according to the Korea Automobile Manufacturers Association (KAMA). Market leader Hyundai Motor produced 817,853 units…