SEOUL, March 4 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 33 percent in February from a year earlier on robust sales of German cars, an industry association said Thursday. The number of newly registered foreign vehicles climbed to 22,290 units last month from 16,725 a year ago despite the COVID-19 pandemic, [...]
SEOUL, Feb. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 27 percent in January from a year earlier on robust sales of German cars, an industry association said Wednesday. The number of newly registered foreign vehicles climbed to 22,321 units last month from 17,640 a year ago despite the COVID-19 pandemic, [...]
SEOUL, Oct. 25 (Korea Bizwire) — South Korea saw its sales of luxury imported cars rise sharply over the first nine months of the year despite the new coronavirus pandemic straining the economy, data showed Sunday. The combined sales of imported automobiles with a price tag of more than 100 million won (US$88,600) surpassed 30,000 [...]
SEOUL, Oct. 9 (Korea Bizwire) — This summer, Jeong Hong-woo, a 33-year-old architect, opted for a Mercedes-Benz sedan as his first car, an unexpected choice for him as he had long considered the brand as suited to successful middle-aged men. “Many of my colleagues and friends have chosen foreign brands recently, and I came to [...]
SEOUL, Oct. 7 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 15 percent in September from a year earlier due to strong demand for German cars, an industry association said Wednesday. The number of newly registered foreign vehicles rose to 21,839 units last month from 20,204 a year earlier, the Korea Automobile [...]
SEOUL, Sept. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 21 percent in August from a year earlier due to strong demand for German cars, an industry association said Thursday. The number of newly registered foreign vehicles rose to 21,894 units last month from 18,122 a year earlier, the Korea Automobile [...]
SEOUL, Aug. 5 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 1.7 percent in July from a year earlier on strong sales of German vehicles, an industry association said Wednesday. The number of newly registered foreign vehicles rose to 19,778 units last month from 19,453 a year earlier, the Korea Automobile Importers [...]
SEOUL, June 3 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 19 percent in May from a year earlier as strong demand for German vehicles offset weak demand for Japanese ones amid the coronavirus pandemic, an industry association said Wednesday. The number of newly registered foreign vehicles rose to 23,272 units last [...]
SEOUL, May 7 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 26 percent in April from a year earlier amid the pandemic, while Japanese brands still struggle with weaker demand following ongoing trade tension between Seoul and Tokyo, an industry association said Thursday. The number of newly registered foreign vehicles rose to [...]
SEOUL, March 4 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 5.3 percent in February from a year earlier, while Japanese brands continued their struggle in the face of weaker demand amid trade tensions with Seoul, an industry association said Wednesday. The number of newly registered foreign vehicles rose to 16,725 units [...]