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The continued supply shortage of chips led to the lower sale of foreign luxury vehicles. For the first four months of this year, the domestic sale of imported cars stood at 84,802 units, down 13.0 percent compared to the same period of last year. German carmaker Mercedes-Benz ranked first ...
SEOUL, June 5 (Xinhua) -- The sale of foreign luxury cars in South Korea posted a double-digit fall last month amid the weaker demand for luxury brands, industry data showed Wednesday. The number of imported vehicles registered here was 19,548 in May, down 16.7 percent from a year earlie...
The shortage of semiconductors: The shortage of semiconductors is affecting the production of new cars, making it difficult to find cars for sale in South Korea.The South Korean car sales market is expected to remain weak in the coming years. The market is expected to shrink by an average an...
TESTED 10.11.23, SEOUL, SOUTH KOREA ON SALE MARCH 2024 PRICE ￡65,000: HYUNDAI IONIQ 5NA prototype left us with the impression that this hot SUV could be the first real electric driver's car. Now to try the finished product. Of all electric cars, it strikes me that the new Hyundai ...
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Speaking on condition of anonymity, a source in the province told Daily NK last Wednesday that the smuggling was temporarily suspended “as the number of cars parked on the road kept going up because it took too long to release them for sale.” ...
Over the past two weeks, cities across South Korea have been unveiling subsidies for hydrogen cars that will effectively halve the cost of a new model for citizens and local businesses. The entirety of this funding is set to go to the Korean-made Hyundai Nexo, the only hydrogen car currently...