In February this year, South Korea’s new car registrations rose by 32.6 percent month on month and by 24.4 percent year on year to 20,199 units, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the January-February period this year, South Korean new car registrations advanced by 20.8 percent year on year to 35,428 units.