Japanese car sales plunge in South Korea as trade row rages

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Japanese automakers saw their vehicle sales in South Korea slump last month, industry data showed Monday, as South Koreans started boycotting ...

Honda saw its July sales in the South slump 33.5 per cent year-on-year, while Toyota Motor's sales tumbled 32 percent, according to data from the Korea Automobile Importers and Distributors Association .An executive at Toyota Korea said that it was"difficult for us to say that the current Japan-South Korea trade row is the only reason why this has happened"."There are a lot of factors that affect our sales," she added.

Lexus saw sales down 24.6 per cent from the previous month, although its year-on-year sales were up 32.5 per cent. As the trade row escalated local media have reported cases of Japanese cars being vandalised and covered in kimchi, the fermented cabbage that is a mainstay of the Korean diet. Last month, some 50,000 members of a South Korean grocery store owner association said they had stopped orders of some or all Japanese products.

 

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