Foreign cars roll up 13.1% year-on-year sales increase

Home > Business > Economy

print dictionary print

Foreign cars roll up 13.1% year-on-year sales increase

Imported cars are continuing their robust sales growth with a total of 12,063 vehicles sold in Korea last month, year-on-year growth of 13.1 percent, according to data from Korea Automobile Importers and Distributors Association (Kaida) yesterday.

German carmakers dominated again in the local market. BMW topped the list with 2,924 units sold, followed by Mercedes-Benz (2,122), Volkswagen (1,650) and Audi (1,282). Toyota and Ford finished fourth and fifth, respectively.

Meanwhile, for the first three months of this year, 34,964 foreign vehicles were sold in the country, up 19.4 percent from a year earlier. This is in contrast to sales of domestic cars, which fell 2.5 percent year-on-year in the January-March period.

More in Economy

Better to give property than to receive a big tax bill

Border restrictions drastically cut North Korea's trade

Central bank holds rates steady, adjusts up GDP forecast

Restaurant coupons to make a comeback as an app

[INTERVIEW] Korea Forest Service head sees huge opportunity in Indonesia

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now