Green License Plate Archives | Be Korea-savvy
South Korea Investigates Suspected Evasion of Green License Plate Rule for Luxury Corporate Cars

South Korea Investigates Suspected Evasion of Green License Plate Rule for Luxury Corporate Cars

SEOUL, Nov. 11 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport has launched a comprehensive investigation into corporate vehicle registrations this year, following reports of companies attempting to circumvent new regulations requiring green license plates on corporate vehicles worth over 80 million won. The distinctive green plates, introduced early this year, are reportedly being [...]

Surge in Sales of Luxury Imported Cars in South Korea Ahead of New Green License Plate Regulation

Surge in Sales of Luxury Imported Cars in South Korea Ahead of New Green License Plate Regulation

SEOUL, Jan. 15 (Korea Bizwire) — Last December, sales of imported cars valued at over 100 million won in South Korea saw a significant increase compared to the previous month. This surge has been attributed to efforts to avoid the new green license plates, designated for corporate cars worth over 80 million won from January of this [...]