SEOUL, Nov. 29 (Korea Bizwire) – The South Korean government said Tuesday it will ban sales of six models by three foreign automakers, accusing them of fabricating reports to win sales approval from the local government. The Ministry of Environment said it detected defects in the certification documents of 10 vehicle models from the local [...]
SEOUL, March 10 (Korea Bizwire) – With restrictions on the accounting of vehicles for business use becoming stricter, the number of imported cars being used as corporate vehicles has dropped to a historic low. Vehicles from brands such as Rolls-Royce, Bentley, Porsche, Jaguar, Lexus, Audi and BMW that were purchased as corporate cars and then [...]
SEOUL, July 18 (Korea Bizwire) – Porsche Asia Pacific closed its first half with a sales performance of 2,741 cars sold during the six-month period between January and June, up 22.5 percent from a year ago. The company attributed its success to the launch of the new Cayman and new Cayman S, as well as [...]