Production and exports by South Korean automakers grew last month from a year earlier, but car sales in the nation diminished due in part to a steep fall in demands for imported cars.
The Ministry of Trade, Industry and Energy on Thursday estimated that 371-thousand-930 vehicles were assembled in the country in April, five percent more than the same month last year.
The domestic sales of cars, however, declined by three-point-six percent on-year to just over 155-thousand as sales of imported cars significantly slid.
A total of 223-thousand-235 cars were sold overseas in April, up three percent from a year earlier, led by the popularity of high-priced sports-utility vehicles and eco-friendly cars in the U.S. and Europe.
The exports grew five-point-eight percent to three-point-76 billion dollars.
Domestic sales of environment-friendly vehicles such as electric and hydrogen cars also jumped 57-point-eight percent to 13-thousand-109 thanks to expanded government subsidies. This raised the ratio of eco-friendly vehicles to the cars sold domestically from five-point-one percent last April to eight-point-four percent in a yearlong span.