Automobile output, exports expected to grow in 2014
Dec 9, 2013
South Korea’s automobile industry is expected to grow both in terms of its output and sales next year, the government said Monday.“Despite continuing global economic uncertainties, the automobile industry is expected to show slight gains in overseas sales, as well as its output and exports in 2014,” the Ministry of Trade, Industry and Energy said in a press release.The ministry said the combined domestic output by the country’s five automakers is expected to shrink 1.4 percent this year from 201