Ministry of Trade, Industry and Energy

MKE Releases Car Sales Figures for September

MKE Releases Car Sales Figures for September The Ministry of Knowledge Economy has released its car sales figures for September. The nation’s car production declined 8.2 percent year on year to 343,458 vehicles due to partial labor strikes at major automobile makers. Due to concerns over the stagnant real economy and weaker consumer sentiment, the number of vehicles sold on the domestic market retreated 4.8 percent to 128,607 vehicles. Compared to the previous month, however, the pace of date2012-10-16

Vice Minister Celebrates aTEBS 2012

Vice Minister for Industry and Technology Yoon Sang-Jick (fourth from left) cuts the ribbon at the opening of the aTEBS 2012, or the Asia Top Electronics Brand Show on September 25 in Seoul. date2012-10-09

Vice Minister Speaks At Global OECD Forum

Vice Minister Speaks At Global OECD Forum Vice Minister for Industry and Technology Yoon Sang-Jick addresses the 2012 OECD Global Forum on the Knowledge Economy on September 18 in Seoul. Under the theme of “Towards a Strong, Green and Inclusive Growth Path,” the forum drew in more than 400 participants from Korea and abroad. date2012-09-26

Retail Sales Figures for August

date2012-09-18

MKE Releases Car Sales Figures for August

MKE Releases Car Sales Figures for August The Ministry of Knowledge Economy has released its car sales figures for August. The nation’s car production fell 25.9 percent year on year to 237,477 vehicles due to partial strikes at major automobile makers. Concerns over the economic slowdown coupled with weaker consumer sentiment drove the number of vehicles sold on the domestic market down 21.9 percent to 96,648 vehicles. However, sales of hybrid vehicles for the first eight months of this y date2012-09-11

Vice Minister Attends Nano Korea 2012

date2012-09-04

Retail Sales Figures for July

date2012-08-21

MKE Releases Car Sales Figures for July

MKE Releases Car Sales Figures for July The Ministry of Knowledge Economy has released its car sales figures for July. Production declined 9.2 percent year on year to 355,627 vehicles, most likely the result of fewer working days and strikes at major automobile manufacturers. Even strong sales of imported cars and the introduction of new models could not counter the influence of weak consumer sentiment, which drove domestic sales down 2.9 percent. Sales of imported cars maintained solid growth, date2012-08-17

Retail Sales Figures for June

date2012-07-19

MKE Releases Car Sales Figures for First Half of 2012

MKE Releases Car Sales Figures for First Half of 2012 The Ministry of Knowledge Economy has released its car sales figures for the first half of 2012. The nation’s car production figures rose 3.4 percent to 2,380,782 vehicles. Even amid global economic uncertainties, exports gained 10.4 percent to 1,700,364 vehicles. While outbound shipments to the United States and the European Union recorded a sharp increase, exports to the Latin American market contracted slightly. Meanwhile, high oil date2012-07-16