South Korea: Domestic sales expected to decline in 2012

The Korea Automotive Research Institute, a Hyundai Motor think-tank, predicts that domestic car sales will likely decline from the estimated 1.6 million vehicles for the full year 2011 to 1.58 million in 2012. The Chosun Ilbo, citing the report, said the institute attributes this 1.1% contraction of the domestic car market Subscribe to Automotive World … Continued

• By Webmaster
• October 26, 2011