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(Yonhap) |
Cumulative imported automobile registrations in South Korea have exceeded 3 million models, as a rising variety of clients buy international manufacturers as a substitute of native ones, authorities information confirmed Sunday.
The variety of imported automobile registrations had reached 3.17 million, or 12 % of the nation’s total automobile registrations of 25.46 million, as of the tip of November, based on the Ministry of Land, Infrastructure and Transport.
In 2011, the nation’s import automobile registrations stood at fewer than 600,000 models, however the determine soared to over 1 million in 2014 and over 2 million in 2018, the ministry mentioned.
Seven out of 10 imported vehicles bought listed here are from three German manufacturers — Volkswagen Group Korea, BMW Group Korea and Mercedes-Benz Korea. (Yonhap)
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