South Korea: Local OEM sales up 62%

Following the expiry of temporary tax breaks at the end of 2009, combined new vehicle sales at the five South Korean OEMs dropped by 24% compared with December 2009 to 119,000 units last month. This figure was, however, up 62% compared with January 2009, when the companies reported depressed sales … It’s time to log …

Following the expiry of temporary tax breaks at the end of 2009, combined new vehicle sales at the five South Korean OEMs dropped by 24% compared with December 2009 to 119,000 units last month. This figure was, however, up 62% compared with January 2009, when the companies reported depressed sales …

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