Ministry of Trade, Industry and Energy

Korea, Europe Mark 4th “EUREKA Day”

The Ministry of Trade, Industry and Energy held the 4th Korea EUREKA Day event for three days in Istanbul, Turkey starting May 28. EUREKA is a pan-European network that promotes international, market-oriented research and innovation. In 2009, Korea became the first non-European nation to join the network as an Associate Country. Korea holds the EUREKA day event every year to widen the scope of technological ties with EUREKA members. On the first day, participants learned about Korea’s in date2013-05-31

Retail Sales Figures for April

date2013-05-23

MOTIE Releases Car Sales Figures for April

MOTIE Releases Car Sales Figures for April The Ministry of Trade, Industry and Energy has released its car sales figures for April. Despite more working days last month, the nation’s car production declined 2.5 percent year on year to 386,446 vehicles due to reduced working hours and sluggish export growth. The introduction of new models by domestic car producers and rising demand for imported cars, however, boosted vehicle sales on the domestic market up 3.0 percent to 132,938 units. Exp date2013-05-13

Retail Sales Figures for March

date2013-04-19

Minister Greets KEIA President

Minister Greets KEIA President Minister of Trade, Industry and Energy Yoon Sang-jick met with the President of the Korea Economic Institute of America, Donald Manzullo on April 12 in Seoul. The two officials exchanged views on the role of KEIA and key policies of the new administration. date2013-04-16

MOTIE Releases Car Sales Figures for March

MOTIE Releases Car Sales Figures for March The Ministry of Trade, Industry and Energy has released its car sales figures for March. Korea’s car production fell 13.1 percent year on year to 365,768 vehicles due to fewer working days and reduced working hours. Thanks to the introduction of new models and solid performances from imported cars, 131,136 vehicles were sold on the domestic market, about the same as the previous year. Despite greater brand awareness of Korean auto makers overseas date2013-04-09

Retail Sales Figures for February

    date2013-03-29

Incoming Vice Minister Speaks at an Inaugural Ceremony

date2013-03-29

MKE Releases Car Sales Figures for February

MKE Releases Car Sales Figures for February The Ministry of Knowledge Economy has released its car sales figures for February. As the Lunar New Year holiday fell in February this year, resulting in fewer working days, Korea’s car production contracted 19.8 percent year on year to 338,278 vehicles. The holiday and weaker local demand hurt sales of domestic cars, but strong sales of German brands helped sales of imported cars rise 14.8 percent to 10,556 vehicles. Meanwhile, a contraction in date2013-03-12

New Minister Takes Office

Incoming Minster of Trade, Industry and Energy Yoon Sang-jick speaks at an inaugural ceremony on March 11 in the Gwacheon Government Complex. date2013-03-12