"South Korea Autos Report Q1 2013" Now Available at Fast Market Research
Data throughout 2012 showed that sales of South Korea's five domestic brands were subdued, thereby dragging down production. Despite healthy overseas demand, we forecasted that total sales would drop over 8% in 2012, with 1.35mn units shifted. This prompted BMI to revise sales and production forecasts for the year downward in our last quarterly report. On the upside, our export projections improved, although we stated that demand in Europe would remain the biggest threat to our outlook, and that the...
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