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S. Korea's imported automotive sale falls in March

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SEOUL, April 5 (Xinhua) — South Korea’s imported automotive sale fell in single figures in March from a yr earlier regardless of its development on a month-to-month foundation, trade knowledge confirmed Wednesday.

The variety of imported autos bought right here stood at 23,840 in March, down 4.3 % from a yr in the past, in accordance with the Korea Automobile Importers & Distributors Association (KAIDA).

Compared to the earlier month, the quantity elevated 10.3 % final month because of the launch of recent fashions.

German carmaker Mercedes-Benz ranked first by way of automotive gross sales right here amongst international firms by promoting 6,533 models final month.

Another German carmaker BMW got here subsequent with a home sale of 5,664 models, adopted by Audi with 2,260 models, Volvo with 2,156 models and Lexus with 1,376 models respectively.

The variety of European fashions bought right here was 19,933 in March, accounting for 83.6 % of the whole. Japanese and U.S. manufacturers recorded the market shares of 9.4 % and seven.0 % every.

For the primary three months of this yr, the imported car gross sales totaled 61,684 models, down 0.1 % in comparison with the identical interval of final yr.

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