imported carmakers Archives

Imported Car Sales Up 9.5 pct on Solid Demand for German Cars

SEOUL, Sept. 6 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 9.5 percent in August from a year earlier on strong demand for German cars, industry data showed Thursday. The number of newly registered foreign vehicles stood at 19,206 last month from 17,547 a year ago, the Korea Automobile Importers and Distributors [...]

Non-German Foreign Carmakers Post Strong Performances for 2017 in S. Korea

SEOUL, Jul. 12 (Korea Bizwire) — Non-German foreign carmakers, such as Toyota Motor Corp. and Jaguar Land Rover, did well in South Korea in the past fiscal year, posting sales of over 1 trillion won (US$887 million) each, the companies said Thursday. In the 2017 fiscal year, which ended in March, Toyota Motor reported sales [...]