Imported Auto Sales Spike 12 Percent in April on Japan, Europe Models

SEOUL, May 11 (Koera Bizwire) – Sales of imported vehicles in South Korea rose 12 percent last month from a year earlier on robust sales of Japanese and European models, industry data showed Wednesday. The number of newly registered foreign cars climbed to 20,051 in April from 17,845 a year earlier, the Korea Automobile Importers and Distributors Association (KAIDA) said in a statement. Sales of Japanese vehicles jumped 15 percent last month compared to a year earlier, with European [...]