Mercedes-Benz Distributes Largest Shareholder Dividends in S. Korea | Be Korea-savvy

Mercedes-Benz Distributes Largest Shareholder Dividends in S. Korea


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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.

EQC 400 4MATIC SUV

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

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