Domestic Car Archives | Be Korea-savvy
Domestic Car Brands Gain Ground as Imports Fall Below 20-percent Market Share

Domestic Car Brands Gain Ground as Imports Fall Below 20-percent Market Share

SEOUL, Nov. 9 (Korea Bizwire) – The percentage of imported passenger cars in the domestic market is anticipated to drop below 20 percent this year, marking the first decline in four years.  This decrease can be attributed to the relative success of domestic passenger car models, particularly Hyundai Motor’s luxury brand, Genesis, and the overall decrease [...]