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Imported car sales jump 50% in November despite chip shortage
Imported car sales jump 50% in November despite chip shortage
IndustryDec 5, 2022
Sales of imported vehicles in South Korea jumped 50 percent last month from a year earlier despite the extended chip shortage, an industry association said Monday. The number of newly registered foreign vehicles stood at 28,222 units last month, up from 18,810 units a year ago, the Korea Automobile Importers & Distributors Association said in a statement. The three bestselling models last month were BMW's 520 sedan, Mercedes-Benz's E 250 sedan and E 350 4MATIC sedan, the statement