In September, South Korea's imported car sales rose 10.1% YoY, led by German luxury brands.

In September, South Korea's imported car sales rose by 10.1% year-over-year, totaling 24,839 units, as reported by the Korea Automobile Importers & Distributors Association. This increase is largely due to strong demand for German luxury vehicles, with Mercedes-Benz leading foreign sales, followed by BMW and Tesla. Notably, European models comprised 81.5% of the market, while U.S. and Japanese brands held 9.2% and 9.3%, respectively.

October 07, 2024
3 Articles