According to the official report from South Korea’s government on November 14th, the auto exports of South Korea in October had decreased by 10% year on year.

The main reason was suffered by the declining economic growth, caused the emerging markets’ demand to decrease.

Among them, the total sales from South Korean manufacturers in October was around 209,000 units, lower than around 230,000 units last year.

Moreover, the sales in domestic of South Korea also faced a decrease in October, dropped by 2.1% year on year, came to less than 160,000 units.