Tag - Foreign Automakers Growing Rapidly in Korea

Foreign Automakers Growing Rapidly in Korea

The sales of foreign automakers in Korea skyrocketed last year to exceed the annual domestic sales of Kia Motors, not to mention GM Korea and Renault Samsung Motors, for the first time in history. The annual sales of the foreign car manufacturers are predicted to continue to grow during the course of this year as well. According to industry sources, the 13 foreign automakers doing business in Korea with 25 brands recorded total sales of 9.7034 trillion won (US$8.9751 billion) [...]

Read more...