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South Korea's car production fell in 2024, but auto parts exports to the U.S. reached a record high.
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.
The decline is attributed to a slowdown in the economy, high inflation, and high interest rates.
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.
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La producción de automóviles de Corea del Sur cayó en 2024, pero las exportaciones de piezas de automóvil a los Estados Unidos alcanzaron un máximo récord.