Korea-EU FTA set to hurt Japanese auto sales

By Kim Tae-gyu

Japanese carmakers such as Toyota and Honda struggled to secure a firm market share here in the first half of 2011 while other imported auto brands boasted record sales.

The Korea Automobile Importers and Distributors Association (KAIDA) said Tuesday that 51,664 imported vehicles were sold during the Jan.-June period, up 23.2 percent from a year ago.