CARSON, Calif, March 21, 2014 (Korea Bizwire) - Lengthy vehicle ownership is the new normal, even as the economy improves, according to AutoMD.com’s 2014 Vehicle Mileage Survey*, with nearly 80% of consumers comfortable with a 10+ years or ‘until it dies’ vehicle lifespan. And, the majority who are keeping their vehicle for longer say that [...]
SEOUL, Korea, Feb 19 (Korea Bizwire) – As more people opt to buy imported cars over home-made ones, import car dealerships are opening up everywhere in the country from a narrow confines of Gangnam and other high-income neighborhoods in Seoul. According to data provided by the Korea Automobile Importers & Distributors Association on February 18, [...]
SEOUL, July 18 (Korea Bizwire) – Porsche Asia Pacific closed its first half with a sales performance of 2,741 cars sold during the six-month period between January and June, up 22.5 percent from a year ago. The company attributed its success to the launch of the new Cayman and new Cayman S, as well as [...]