According to Dow Jones news, due to the overseas market demand, South Korea five big car enterprises sales car 671645 totally this year, 15% more than last year’s 582758.
According to the market division, total 671645 car, 124174 of them in the Korean market sales, increase 3.7% than last year; and the export car reached 547471, increase 18%
According to the Automotive News message, two American officials disclosed recently, this year October 14th, the United States President Obama and South Korean President Lee Myung-bak will visit the motor city in Detroit area, and negotiate how to promote the car trade.
The two official said, Lee Myung-bak will be arriving the United States next week. after the dinner in White House on October 13th, he will visit the United States auto industry center in Detroit accompanied by Obama. But they did not reveal whether Lee Myung-bak will visit a car factory, also declined to give specific tour sites. One of the officers said free trade agreement will become the core content, and it focus on wining more beneficial to the Korean trade terms, break the Korean auto market trade barriers, improve the United States automobile share rate on the Korean market.
The auto trade between South Korea and United States is imbalance: Korearsquo;s modem and Kia cars constantly refresh sales record in the United States, but the United States of America car was in woes. In 2010 November, Ford advertised in newspapers accused that South Korea automobile trade injustice, it pointed out that South Korea exports 52 car to the United States each time, the United States can only export 1 car to South Korea.
At present, only the GM occupy a space for one person in Korea auto market through the establishment of joint-stock subsidiary way in the South Korean, the company sales and exports to other countries 1840000 cars in 2010 year, mainly for the Chevrolet brand..
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From Change Your Style, post Obama invited Lee Myung-bak to visit Detroit to promote the American car in Korea marke
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