Production of buses reached 14.8 thousand in 2017 in South Korea, according to ACEA. This is 12 % less than in the previous year.
Historically, production of buses in South Korea reached an all time high of 115 thousand in 2005 and an all time low of 9.38 thousand in 2012. When compared to South Korea's main peers, production of buses in China amounted to 178 thousand and 12.2 thousand in Japan in 2017.
South Korea has been ranked 5th within the group of 24 countries we follow in terms of production of buses, 4 places above the position seen 10 years ago.
Buses and coaches are used for the transport of passengers and have more than eight seats in addition to the driver's seat and a maximum mass over the limit (ranging from 3.