Car sales see double-digit rise for third month in a row
The ministry said a total of 164,507 cars were sold in the country, an 18.6 percent rise from a year ago. It was the biggest increase since last December’s 25.4 percent and the third consecutive month of double-digit growth since August’s 13.2 percent.
The ministry said five Korean automakers daily car sales improved by 24.4 percent since the government lowered the consumption tax on August 27, a move to boost the local market. New models such as Hyundai Motor’s Avante sedan and Kia Motors’ Sportage SUV led the sales.