Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag South Korea's car production fell in 2024, but auto parts exports to the U.S. reached a record high.

flag South Korea's domestic vehicle production dropped to 4.13 million units in 2024, ranking it seventh globally, down from 4.24 million units the previous year. flag The decline is attributed to a slowdown in the economy, high inflation, and high interest rates. flag Despite this, South Korea's auto parts exports to the U.S. hit a record $8.22 billion in 2024, accounting for 36.5% of total auto parts exports.

11 Articles

Further Reading