Sub visual - Car is Art, KOREA is Advancing

Monthly Statistics

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Korean Automobile Industry (August.2021)
Date 2021-09-23 Section
Attachments (Aug.2021)The Korean Automobile Industry-final.pdf
In August, domestic sales failed to bounce back again as chip shortage limits the auto supply.

1. Domestic sales dropped 4.8% year-over-year in August due to the production disruptions caused by auto chip shortages.

2. Exports dipped by 0.2% year-over-year in August due to production cut caused by delay in auto chip supply improvement despite continued sales recovery at the U.S. and European market.

3. Production inched up by 0.7% year-over-year in August as the auto production was disrupted due to the elongated auto parts supply shortage​