2020 Auto News corona Research

Imported car sales up 19% in May despite pandemic

Sales of imported vehicles in South Korea rose 19 percent in May from a year earlier as strong demand for German vehicles offset weak demand for Japanese ones amid the coronavirus pandemic, an industry association said Wednesday.

The number of newly registered foreign vehicles rose to 23,272 units last month from 19,548 a year earlier, the Korea Automobile Importers & Distributors Association (KAIDA) said in a statement.

“New models released by Audi and Porsche and increased supplies and marketing activities by Mercedes-Benz helped drive up the overall monthly sales,” KAIDA spokeswoman Park Eun-seok said in a statement.

Read full news on koreaherald.com

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