Author: PortalPortuario Editorial/Yonhap Agency
@PortalPortuario
In the first 11 months of this year, vehicle shipments from South Korea to the United States reached 1,172,612 units, according to the Korea Automobile and Mobile Association (KAMA).
The annual figure is expected to rise when December deliveries are taken into account.
US auto shipments, which peaked in 2015, then fell to 800,000 units in 2021 amid the COVID-19 pandemic and protectionist US trade policies introduced during the Donald Trump administration.
Exports were able to recover thanks to the quick response of South Korean companies in light of disruptions in global supply chains and weakening competition from global rivals.
Market observers have noted the diversification of export products, such as the introduction of more electric and green vehicles, as well as premium models, due to the country’s strong shipments to the United States.
They noted that sales of Hyundai Motor Co.’s Ioniq 5 models. up 33.4 percent from 2022, while sales of the company’s premium Genesis sedans also rose 10.6 percent year over year during the period.
" data-script="https://static.lefigaro.fr/widget-video/short-ttl/video/index.js" > Streetwear à la ville, glamor sur Tapis Rouge, avant-garde at Fashion Weeks...…
This article was originally published in English Brazil's chief negotiator, who represents the next host…
Although the relationship between these inflammatory processes and breast cancer is still not entirely clear,…
The Ministry of Social Rights, Consumption and the 2030 Agenda has sanctioned budget airlines Ryanair,…
Subscribe to National Geographic for just 1 euro per month for 6 months. For a…
Problems and losses concern not only the first team of Real Madrid. They also affect…