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Korean automakers bet on green cars, SUVs and luxury sedans

2016-01-11

New cars by local automakers will focus on three themes to prop up their market share following fierce competition from foreign brands

In contrast with falling car sales overseas, domestic sales by Korean automakers posted a record high of 1,558,000 units in 2015, 7.7 percent up from a year ago, according to the Ministry of Trade, Industry and Energy on Sunday. 

The five automakers running production lines here include Hyundai, Kia, General Motors Korea, Renault Samsung and Ssangyong Motor.


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Hyundai Motor's Ioniq hybrid



By Seo Jee-yeon (jyseo@heraldcorp.com)

http://www.koreaherald.com

 

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