2010 Korea domestic car production will increase of 7% over last year
Xinhua Seoul, 23 Feb (report ' right of vanillin) Korea trade investment promotion Corp. 23 May and automotive markets Worldwide specialized research institutions CSM co-sponsored the "2010 the global automotive market prospect forecast," seminar in Korea this year domestic car production will increase of 7% over last year.
Agency heads according to CSM worldwide car market situation analysis is of the view that this year Korea domestic car production will increase to 360 million. However, with continued strong, KRW Korea domestic production of cars price competitiveness will be weakened. On the contrary, in the proportion of overseas production car will be gradually increased.
Analysts said, car Toyota recall of events, the world automobile market through the gradual restructuring, launch a new round of fierce rivalry, which benefit the maximum will be Korea automobile brand. It is expected that this year Korea automobile in the United States market share from last year's 7.0 per liter to 8.5%.
In addition, last year the world economic crisis period, China's car market still achieved a significant growth is expected to 2016, China's car market will maintain the average annual growth rate of 10 per cent.
[Edit: meipeng]