Imported Car Sales Fall in May on Lower Diesel Model Demand | Be Korea-savvy

Imported Car Sales Fall in May on Lower Diesel Model Demand


"South Korean customers bought fewer diesel models as the government plans to reduce fine dust emissions by reducing the operations of diesel vehicles." (image: KobizMedia/ Korea Bizwire)

“South Korean customers bought fewer diesel models as the government plans to reduce fine dust emissions by reducing the operations of diesel vehicles.” (image: KobizMedia/ Korea Bizwire)

SEOUL, June 7 (Korea Bizwire) – Sales of imported vehicles in South Korea fell 0.5 percent last month from a year earlier on lower demand for diesel models, industry data showed Wednesday. 

The number of newly registered foreign cars fell to 19,380 in May from 19,470 a year earlier, the Korea Automobile Importers and Distributors Association (KAIDA) said in a statement. 

Sales of diesel-powered vehicles fell 19 percent to 9,952 units last month from 12,238 units a year earlier, it said. 

“South Korean customers bought fewer diesel models as the government plans to reduce fine dust emissions by reducing the operations of diesel vehicles, a major culprit of fine dust pollution,” a KAIDA spokesman said.  

In the January-May period, imported car sales rose 1.2 percent to 94,397 from 93,314 on-year, the statement said. 

The share of imported vehicles in the domestic passenger car market rose to 14.7 percent in May from 13.61 percent a year earlier, KAIDA said.

(Yonhap)

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