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Domestic car sales will shrink, imported cars will flourish: research
2016-01-03 13:26:22| Auto Dealers - Topix.net
Reflecting global economic woes, the Korean car market is expected to shrink this year, but with robust sales in the sport utility vehicle sector, a local think tank has suggested. "This year, a total of 1.76 million units of cars are expected to be sold in Korea, which is about 3.1 percent down from 1.82 million in 2015," said Park Hong-jae, chief of the Korea Automotive Research Institute.
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Category:Automotive