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Imported Car Sales Rise 7.8 pct in August amid Chip Shortage

Imported Car Sales Rise 7.8 pct in August amid Chip Shortage

SEOUL, Sept. 5 (Korea Bizwire) – Sales of imported vehicles in South Korea rose 7.8 percent last month from a year earlier despite the extended chip shortage, an industry association said Monday. The number of newly registered foreign vehicles stood at 23,850 units last month, up from 22,116 units a year ago, the Korea Automobile [...]

Jung District Has Highest Proportion of Imported Cars in Seoul, Surpassing Gangnam

Jung District Has Highest Proportion of Imported Cars in Seoul, Surpassing Gangnam

SEOUL, Feb. 14 (Korea Bizwire) — With sales of high-end imported cars increasing last year, Seoul’s Jung District has surpassed the affluent Gangnam District, and now has the highest proportion of registered imported cars. The Ministry of Land, Infrastructure and Transport reported that the number of imported cars registered in Jung District reached 23,578 vehicles [...]