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S.Korea's imported car sale jumps 41.1 pct in June

Xinhua News,SEOUL
2020-07-03 14:52

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SEOUL, July 3 (Xinhua) -- South Korea's imported car sale jumped in double figures last month on a temporary tax cut for vehicle purchase and the rollout of new models, industry data showed Friday.

The number of foreign luxury cars sold here was 27,350 in June, up 41.1 percent from the same month of last year, according to the Korea Automobile Importers & Distributors Association (KAIDA).

German automaker Mercedes Benz ranked first with the sale of 7,672 vehicles here in June. It was up 15.7 percent from a year earlier.

It was followed by BMW with the sale of 4,069 units, Audi with 3,401 units and Jeep with 1,384 units respectively.

The sale of European luxury brands soared 53.8 percent in June from a year earlier, and the U.S. vehicle sale nearly doubled last month.

Japanese vehicle sale tumbled 30.7 percent in the month amid the continued campaign here to boycott Japanese products, caused by the trade dispute between South Korea and Japan.

During the January-June period, the number of imported cars sold here was 128,236, up 17.3 percent compared to the same period of last year.
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