Tag - Foreign car sales in South Korea to top 250

Foreign car sales in South Korea to top 250,000

Sales of foreign cars in South Korea are expected to surpass 250,000 in 2016 on the back of a strong demand for luxury brands, a local industry group said on Wednesday. This would maintain an almost double-digit growth, Xinhua quoted Korea Automobile Importers and Distributors Association as saying. The KAIDA held a press conference in Seoul to mark the 20th anniversary of its establishment, forecasting this year’s foreign auto sales would reach 235,000. For the first 10 months of this year, 196,543 [...]

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