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Korean carmakers' output down 33.1% y/y in Sept.; sales of eco-friendly cars up Updated: 2021-10-15 17:12:29 KST

South Korean carmakers saw less production, domestic demand, and exports in September.
Trade ministry data shows the country produced around 229-thousand cars in September, an on-year decrease of 33 percent.
That's mainly because of the four-day holiday during Chuseok and several days of factory closures due to a lack of semiconductors.
Exports in September were at over 151-thousand vehicles close to a 21-percent drop.
Exports amounted to three.five-six billion U.S. dollars down six.one percent on-year.
Revenue from auto exports had been increasing for the previous eight months.
But eco-friendly cars saw their highest monthly sales in September, making up roughly 24 percent of sales from exports.
In terms of the types of the vehicles, hybrid electric vehicles were the most popular, followed by electric, plug-in hybrid electric, and fuel cell electric vehicles.
In addition, one in four cars sold in South Korea were eco-friendly vehicles.
As of September, 200-thousand electric vehicles have been sold domestically, eight years after the country sold its first-ever electric vehicle.
Jang Tae-hyun, Arirang News.
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