SEOUL, May 4 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 9.8 percent last month from a year earlier as chip shortages continued to affect vehicle production, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 23,070 units last month from 25,578 units a year ago, the [...]
SEOUL, April 5 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 8.7 percent in March as chip shortages continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles fell to 24,912 units last month from 27,297 units a year ago, the Korea Automobile Importers & [...]
SEOUL, March 4 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 13 percent in February from a year earlier as chip shortages continued to disrupt vehicle production, an industry association said Friday. The number of newly registered foreign vehicles fell to 19,454 units last month from 22,290 units a year ago, the [...]
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 [...]
SEOUL, Feb. 7 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 22 percent in January from a year earlier as chip shortages continued to disrupt vehicle production, an industry association said Monday. The number of newly registered foreign vehicles fell to 17,361 units last month from 22,321 units a year ago, the [...]
SEOUL, Jan. 5 (Korea Bizwire) — Sales of imported vehicles in South Korea plunged 24 percent in December from a year earlier as chip shortages continued to disrupt vehicle production, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 23,904 units last month from 31,419 units a year ago, the [...]
SEOUL, Dec. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 31 percent in November from a year earlier as chip shortages continued to disrupt vehicle production and sales, an industry association said Friday. The number of newly registered foreign vehicles fell to 18,810 units last month from 27,436 units a year [...]
SEOUL, Nov. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 23 percent in October from a year earlier as a global chip shortage caused a lack of supplies, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 18,764 units last month from 24,257 a year ago, [...]
SEOUL, Sept. 24 (Korea Bizwire) — BMW became this year’s most chosen car by Korean men, while Mercedes-Benz became the most popular choice for Korean women. The Korea Automobile Importers and Distributors Association reported that private consumers in South Korea bought 123,079 imported cars between January and August of this year. Among them, men bought [...]
SEOUL, Sept. 13 (Korea Bizwire) — Sales of high-end imported cars spiked nearly 66 percent in the first eight months of the year amid the popularity of big-ticket eco-friendly models among local motorists and a post-lockdown shopping spree, industry data showed Monday. A total of 45,042 imported vehicles with price tags of 100 million won [...]