SEOUL, Jan. 25 (Korea Bizwire) — Sales of luxury imported cars priced over 100 million won (US$81,100) set a new record in South Korea last year. The Korea Automobile Importers & Distributors Association reported that 71,899 luxury vehicles priced over 100 million won were sold last year, an increase of 10.3 percent from the previous [...]
SEOUL, Jan. 4 (Korea Bizwire) – Sales of imported vehicles in South Korea rose 24 percent last month from a year earlier despite the extended chip shortage, an industry association said Wednesday. The number of newly registered foreign vehicles stood at 29,640 units last month, up from 23,904 units a year ago, the Korea Automobile [...]
SEOUL, Dec. 25 (Korea Bizwire) — Cumulative imported vehicle registrations in South Korea have exceeded 3 million units, as a growing number of customers purchase foreign brands instead of local ones, government data showed Sunday. The number of imported car registrations had reached 3.17 million, or 12 percent of the country’s overall car registrations of [...]
SEOUL, Dec. 5 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 50 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 28,222 units last month, up from 18,810 units a year ago, the Korea Automobile [...]
SEOUL, Nov. 3 (Korea Bizwire) – Sales of imported vehicles in South Korea jumped 35 percent last month from a year earlier despite the extended chip shortage, an industry association said Thursday. The number of newly registered foreign vehicles stood at 25,363 units last month, up from 18,764 units a year ago, the Korea Automobile [...]
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 [...]
SEOUL, Aug. 16 (Korea Bizwire) — Sales of high-priced imported vehicles have plateaued this year after years of enjoying rapid growth, data showed Monday. According to the Korea Automobile Importers and Distributors Association, sales of imported cars totaled 152,432 units between January and July of this year, of which those priced at more than 100 [...]
SEOUL, Aug. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 12 percent last month from a year earlier as the chip shortage continued to affect vehicle production, an industry association said Wednesday. The number of newly registered foreign vehicles stood at 21,423 units last month, down from 24,423 units a year [...]
SEOUL, July 5 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 13 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles stood at 22,695 units last month, down from 26,191 units a year [...]
SEOUL, June 7 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 2.4 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles stood at 23,512 units last month, down from 24,080 units a year [...]