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S. Korea's car exports rise 4.6% y/y in August Updated: 2019-09-16 16:13:19 KST

The total value of South Korea's car exports rose for a fifth straight month in August - the first such uptrend in two years.
The increase also comes despite weak overseas demand.
According to the trade ministry,… the value of South Korea's car exports last month was nearly three billion U.S. dollars, which is an increase of 4.6 percent from a year ago.
The number of units shipped, however, was down slightly.
Apparently, the value of the exports was boosted by more expensive models such as SUVs and electric vehicles becoming more popular in the United States and Europe.
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