Tag - industry data showed Wednesday.

Korea's exports of used cars spike over 20% in Q1

Korea’s exports of used vehicles jumped over 20 percent on-year during the first quarter, helped by the weak local currency that boosted their price competitiveness in overseas markets, industry data showed Wednesday. According to the data provided by trade and automotive associations here, Korea exported 59,142 used cars during the January-March period, up 23.4 percent from the same period a year earlier. Of the total, 42,352 units were passenger vehicles, while the remainder was trucks and other commercial cars. The latest sales [...]