Japanese Cars' Sales In South Korea Plummeted By Nearly 20% Year-on-year In 2019

Seoul, 6 January (ZXS)-The Korea Imported Automobile Association (KAIDA) released a report on the 6th, stating that Japanese car sales in South Korea in 2019 will fall by nearly 20% year-on-year. Since July 2019, South Korea and Japan have fallen into trade frictions, South Korean people have launched a large-scale boycott of Japanese goods, and some Japanese products have been sold in South Korea. According to a report by the Korea Imported Automobile Association on the 6th, the total sales volume of imported cars registered in South Korea in 2019 was 244.78 million, a year-on-year decrease of 6.1%. Among them, about 36,700 Japanese cars were sold in South Korea last year, compared with about 45,300 in the previous year, a year-on-year decrease of about 19%. The report said that in addition to Honda's sales volume increase, the sales of the other four brands of Japanese cars in Korea have declined. The European and American models are eye-catching in South Korea. The report said that in December last year, imported car sales in South Korea reached 30.072 million units, an increase of nearly 47% year-on-year, mainly due to the sharp increase in vehicle sales of European and American brands. German cars are particularly popular. According to the report, two Mercedes-Benz models have been rated as the best-selling models in South Korea. (Source: China News Network / Reporter Zeng Yan)