S. Korean carmakers’ global market share falls to 7.7pc

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SEOUL, Sept 18 — South Korean carmakers’ global market share slightly fell to 7.7 per cent in the first half from a year earlier amid the extended chip shortage. From January...

SEOUL, Sept 18 — South Korean carmakers’ global market share slightly fell to 7.7 per cent in the first half from a year earlier amid the extended chip shortage.

Their sales in the United States and Europe fell 18 per cent and 14 per cent, respectively, in the first six months, while sales in Brazil and Russia declined 15 per cent and 57 per cent, respectively, Kama said.

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