HomeLatestS. Korea's imported automotive sale grows in February

S. Korea's imported automotive sale grows in February

SEOUL, March 6 (Xinhua) — South Korea’s imported automotive sale grew in double digits final month because of strong demand for German luxurious automobiles, trade information confirmed on Monday.

The variety of imported vehicles offered right here was 21,622 in February, up 11.1 p.c from a 12 months in the past, in response to the Korea Automobile Importers & Distributors Association (KAIDA).

German automaker BMW ranked first by way of automotive gross sales right here amongst overseas corporations by promoting 6,381 models final month.

Another German carmaker Mercedes-Benz got here subsequent with the native sale of 5,519 models, adopted by Audi with 2,200 models, Lexus with 1,344 models and Porsche with 1,123 models, respectively.

The variety of European fashions offered right here was 17,890 in February, accounting for 82.7 p.c of the whole. Japanese and U.S. manufacturers recorded market shares of 10.2 p.c and seven.1 p.c every.

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