Business
7:19 am
Wed November 27, 2013

KY Vehicle Exports Rapidly Rising

Credit Wikimedia Commons

Vehicle exports from Kentucky were up 43% through the first nine months of the year, setting a state record.

Governor Steve Beshear says the state exported more than $3 billion worth of vehicles between January and September.

That number could top $4 billion by year's end. The previous record for vehicle exports was $2.7 billion set last year.

Beshear says a significant part of the growth is the result of exports to Saudi Arabia, which now is the second largest buyer of Kentucky-made automobiles.

Canada remains the top consumer of vehicles produced in Kentucky.