SEOUL, April 6 (Korea Bizwire) — Mercedes-Benz disbursed the largest dividends to shareholders after dominating the South Korean imported car market last year.
Mercedes-Benz Korea and Mercedes-Benz Financial Services Korea reported dividends of 138 billion won (US$112 million) for 2019, up by 32.4 percent from 2018.
Mercedes-Benz sold 78,133 cars last year, up 10.4 percent over 2018 and topping sales charts in the imported car market in South Korea for the fourth year in a row, as Audi and other German carmakers experienced a series of obstacles and Japanese brands were hit by a boycott movement after Japan imposed export restrictions.
Image Credit: Yonhap / Mercedes-Benz / photonews@koreabizwire.com
