South Korea's car exports hit a record high of 6.2 billion US dollars in May this year.

[South Korean car exports reached a record high of 6.2 billion US dollars in May this year] the May Automobile Industry trend released by South Korea's Ministry of Industry, Trade and Resources on the 15th shows that South Korean car exports in May increased 49.4 percent year on year to 6.203 billion US dollars, a record high for the same month. South Korean car exports exceeded $6 billion for the third month in a row after hitting a monthly record of $6 billion for the first time in March. Local sales rose 4.6 per cent in May from a year earlier to 152000 vehicles, while overseas sales rose 37.5 per cent to 248000 vehicles. Exports of new energy vehicles rose 64.3% in May from a year earlier to US $2.1 billion, the second highest since March this year. The index exceeded 2 billion US dollars for four months in a row. Exports increased by 49.2% year-on-year to 66264 vehicles.