S. Korea's automobile output, exports shrink in May
IndustryJun 12, 2013
South Korea's output of automobiles inched down from a year earlier in May, also pulling down its overall exports, the government said Wednesday.The country's total output of vehicles came to 385,371 units last month, down 0.9 percent from the same period in 2012, according to the Ministry of Trade, Industry and Energy.Outbound shipments dropped 0.3 percent on-year to 268,956 units.The ministry said the output dropped as the unionized workers of industry leader Hyundai Motor Co. and its affiliat