SEOUL, May 10 (Korea Bizwire) — German carmakers BMW and Mercedes-Benz sold more vehicles in South Korea in April compared to local units of three foreign carmakers combined, an industry association said Sunday.
The Korea Automobile Importers & Distributors Association reported that 8,430 vehicles made by Mercedes-Benz and 6,113 BMWs were newly registered last month, surpassing the number of newly registered cars made by GM Korea Co. (5,470), Renault Samsung Motors Corp. (5,466), and SsangYong Motor Co. (3,318) by 289 vehicles.
Mercedes-Benz and BMW, which have been the top players in the South Korean imported cars market, have for the first time surpassed the sales of three other major foreign carmakers combined.
Last December, Mercedes-Benz sold 9,546 cars, outpacing GM Korea (9,259) to rank third in domestic sales for the month. Last August, BMW sold 7,252 cars, beating SsangYong (6,792) to also rank third.
Image Credit: Mercedes-Benz Korea / BMW Korea / photonews@koreabizwire.com
