Main News

Home > Main News > News

Car Sales up 84% in Nov.

Car Sales up 84% in Nov.

Nearly 137-thousand cars were sold in Korea in November, up 84 percent from the same month last year.

The Korea Automobile Manufacturers Association says the sales growth is due to the release of new cars and last-minute purchases by the owners of older cars, as tax breaks for the owners of old cars who purchase new ones expire this year.

Overall, 30 percent of new-car buyers took advantage of the tax breaks.

Latest News