SEOUL, April 18 (Korea Bizwire) — Recreational vehicles (RVs) including SUVs are enjoying rising popularity in South Korea with their share of domestic car sales exceeding the 50 percent mark in the first quarter of this year for the first time in history. The nation’s five carmakers sold 308,298 units in the first quarter of [...]
SEOUL, Feb. 3 (Korea Bizwire) — The share of recreational vehicles (RVs) including SUVs in the domestic car market topped the 50 percent mark last year for the first time. According to the data by CarIsYou Data Research Center, 1,494,070 cars were sold in the domestic market last year, of which RVs accounted for 808,639 [...]
SEOUL, April 13 (Korea Bizwire) – Travelers banned from going overseas due to the coronavirus pandemic are looking at domestic outdoors as an alternative destination. In particular, demand for high-end outdoor vehicles such as trailers, recreational vehicles (RVs), and yachts is increasing steadily. Experts reported that caravan sales have jumped by 30 percent since last [...]
SEOUL, Feb. 28 (Korea Bizwire) — Various vehicle models such as passenger cars, cargo trucks and special vehicles will now be able to be converted into recreational vehicles (RVs) or campers in South Korea. The Ministry of Land, Infrastructure and Transport said the lower statute of the Automobile Management Act, which includes deregulation measures to [...]
SEOUL, Jul. 14 (Korea Bizwire) — Recreational vehicles (RVs) accounted for nearly half of South Korean carmakers’ domestic sales in the first half of the year, industry data showed Sunday. In South Korea, SUVs and minivans are included in the RV category. According to the data, the country’s five automakers, including Hyundai Motor Co. and [...]