Monthly YOY change car exports COVID-19 pandemic South Korea 2020-2021
In July 2021, the South Korean auto industry saw a 12.3 percent increase in exports compared to the same period a year ago, when global automotive markets were badly affected by the coronavirus pandemic. Many overseas factories or partner companies of South Korean car manufacturers including Hyundai and Kia were struggling with normal operation and it led to the lowest record in automobile production and sales.