South Korea's accumulated annual automobile exports are expected to top US$20 billion on Tuesday for the first time since they began nearly two decades ago, a domestic car industry association said Monday.

At the end of this month, exports of automobiles, including used ones and units assembled at overseas plants, will amount to $20.5 billion on a customs-cleared basis, according to the Korea Automobile Manufacturers Association (KAMA).

- Source from Yonhap News (Oct 25, 2004) -