Import car market forecast to grow 9% next year

Home > Business > Industry

print dictionary print

Import car market forecast to grow 9% next year

Korea’s import vehicle market is expected to grow 9 percent in 2018 as Audi Volkswagen Korea recently resumed car sales, a local industry association said Thursday.

In November, Audi Volkswagen resumed sales of its R8 sports car in Korea after the German carmaker had to fully suspend sales of VW vehicles since August last year and Audi cars since March this year due to the diesel emissions scandal.

The Korea Automobile Importers and Exporters Association forecast registrations of imported vehicles will jump to 256,000 in the new year from an estimated 235,000 for 2017.

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

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

Standards Board Policy (0/250자)

What’s Popular Now