Imported Cars Archives | Be Korea-savvy
76 pct of Luxury Imported Vehicles Registered for Corporate Use

76 pct of Luxury Imported Vehicles Registered for Corporate Use

SEOUL, Oct. 16 (Korea Bizwire) — More than 7 out of 10 luxury imported vehicles selling for more than 100 million won each have been registered under corporate entities, prompting critics to call for an investigation to verify whether the vehicles have been inappropriately registered for the purpose of evading taxes. According to data submitted [...]

BMW Tops List of Registered Imported Cars amid Safety Scandal

BMW Tops List of Registered Imported Cars amid Safety Scandal

SEOUL, Aug. 27 (Korea Bizwire) — German carmaker BMW ranked No. 1 among imported cars registered in South Korea, industry data showed Monday, maintaining its lead despite a string of vehicle fires that have shaken consumer confidence in the brand. According to the data compiled by the Korea Automobile Manufacturers Association and the Korea Automobile [...]

Poor After-Sales Service Prompts Anger from Import Car Owners

Poor After-Sales Service Prompts Anger from Import Car Owners

SEOUL, Dec. 23 (Korea Bizwire) – Poor after-sales services largely caused by too few repair centers are causing serious inconveniences for over one million owners of imported vehicles here, a consumer agency said Friday.  As of the end of November 2015, the number of foreign vehicles registered here came to 1.26 million, according to the [...]

Major Imported Car Brands not to Offer Tax Refunds

Major Imported Car Brands not to Offer Tax Refunds

SEOUL, Feb. 25 (Korea Bizwire) - Major foreign brands selling cars in South Korea have decided not to offer any refunds to their customers despite the government’s recent tax cut, claiming that it has already been reflected in their ramped-up sales promotions, company officials said Thursday. The government ended a 1.5-percentage-point excise tax cut at the [...]