In March this year, South Korea’s new car registrations rose by 24.9 percent month on month and declined by 0.1 percent year on year to 25,229 units, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the January-March period this year, South Korean new car registrations advanced by 11.1 percent year on year to 60,657 units.