Mobility
Korea's auto exports plunge to 7-yr low in Aug.
Sept. 13, 2016
South Korea's car exports shrank to a seven-year low in August due mainly to contracted global demand and partial strikes at local carmakers, the government said Tuesday.Outbound shipments of vehicles came to 142,987 units last month, down 18.6 percent from 175,610 units tallied a year earlier, according to the Ministry of Trade, Industry and Energy.The August figure marked the smallest monthly export tally since August 2009, when it hit 141,189.From a month earlier, it also plunged 34.2 percent