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U.S. Car Sales Surge in South Korea as Trade Barriers Ease, Led by Tesla Boom

U.S. Car Sales Surge in South Korea as Trade Barriers Ease, Led by Tesla Boom

SEOUL, Aug. 7 (Korea Bizwire) — U.S.-made vehicles are gaining unprecedented traction in South Korea’s import car market, fueled largely by the surging popularity of Tesla and the easing of non-tariff trade barriers under recent Korea-U.S. trade negotiations. According to auto data firm CarIsYou Data Research Institute, 7,362 U.S.-made passenger vehicles were sold in South [...]