v Archives | Be Korea-savvy
Imported Car Sales Fall 3.1 pct in January as Japanese Brands Struggle

Imported Car Sales Fall 3.1 pct in January as Japanese Brands Struggle

SEOUL, Feb. 5 (Korea Bizwire) — Sales of imported cars in South Korea fell 3.1 percent in January from a year earlier due to lower demand for Japanese brands amid trade tensions between Seoul and Tokyo, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 17,640 units last month from [...]