SEOUL, Nov 26 (Reuters) - Combined output at South Korean automakers is expected to hit a record 3.31 million units next year, spurred by new models, lower oil prices and a rebound in domestic demand, an industry association said on Wednesday. The forecast for next year is up 8.4 percent from this year's estimate and reflects an expected 5.1 percent growth in exports to 1.79 million units, an official at the Korea Automobile Manufacturers' Association said. Local sales were expected to ...
Premium Content (PAID Subscription Required)
"S.Korea industry group sees bumper '04 auto output" 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:
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!
Current subscribers, please login or CLICK for support information.