Korean automakers are having a torrid time,... with output and sales in retreat at home and abroad. Data released by the Bank of Korea and Statistics Korea on Saturday shows production was down twelve-and-a-half percent in March compared to the same month a year earlier. Automobile production was been on the steady decline since the end of last year. In terms of exports,... they were eight-point-six percent lower on-year in April. The popularity of imported cars has also eaten into Korean automakers' domestic sales. Sales were down zero-point-nine percent in March,... while imported car sales soared by more than 23 percent in the same month.
