SEOUL — Korea's car market may be headed for a drastic decline. Security analyst Mark Barclay, of Samsung Securities, thinks so. Barclay is surprised by preliminary November sales numbers, which should have shown big gains for both Hyundai Motor Co. Ltd. and its subsidiary Kia Motors Corp., resulting from Daewoo Motor Co. Ltd.'s recently declared bankruptcy. The troubled automaker in recent weeks has experienced interrupted production and plummeting sales that reflect major declines in ...
Premium Content (PAID Subscription Required)
"Korea car market may be sliding" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642