President-Elect’s Pledge to Change the Color of Corporate Vehicle License Plates Worries Luxury Car Importers

SEOUL, March 15 (Korea Bizwire) — South Korean President-elect Yoon Suk-yeol’s campaign pledge to change the color of corporate vehicle license plates to light green is creating a sense of strain among luxury car importers. Yoon’s pledge is aimed at preventing the wealthy from evading tax by registering luxury cars they use for personal purpose [...]