ID :
28799
Thu, 11/06/2008 - 21:59
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Shortlink :
https://www.oananews.org//node/28799
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S. Korea's auto output falls for 5th month in October
SEOUL, Nov. 6 (Yonhap) -- South Korea's production of cars, trucks and buses skidded 0.4 percent in October, mainly due to falling exports amid fears of a global economic recession, an industry group said Thursday.
The fall marked the fifth consecutive monthly decline.
Total output slipped from a year earlier to 404,478 vehicles, the Korea
Automobile Manufacturers' Association said in a statement.
Last month, domestic sales declined 0.1 percent to 105,723 units and exports fell
4.5 percent to 265,065 units, according to the statement.
The fall marked the fifth consecutive monthly decline.
Total output slipped from a year earlier to 404,478 vehicles, the Korea
Automobile Manufacturers' Association said in a statement.
Last month, domestic sales declined 0.1 percent to 105,723 units and exports fell
4.5 percent to 265,065 units, according to the statement.