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    • 21,560 units

      • Sales of imported light passenger vehicles in South Korea increased by 3% to 21,560 units in April 2024 from 20,910 units a year earlier, according to data released by the Korea Automobile Importers & Distributors Association (KAIDA).
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  1. Sales of imported light passenger vehicles in South Korea increased by 3% to 21,560 units in April 2024 from 20,910 units a year earlier, according to data released by the Korea Automobile...

  2. Sales of electric cars started from a low base but are growing quickly in many markets. Globally, around 1-in-4 new cars sold were electric in 2023. In Norway, this share was over 90%, and in China, it was almost 40%. In the chart below, you can explore these trends across the world. Here, “electric cars” include fully battery-electric ...

  3. 2019 2020 2021 2022 2023 2024. New vehicle sales by 5 major OEMs in South Korea decreased 7.3% in April.Five Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea decreased by 7.3% compared to the same month in the previous year to 118,978.

  4. Sales are projected to reach around 3.5 million units in 2024, reflecting modest growth of less than 10% compared to the previous year. In the context of a generally weak outlook for passenger car sales, electric cars would still represent about one in four cars sold in Europe.

  5. Apr 16, 2024. *There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data. Korea - Passenger Cars and Light Commercial Vehicles production. Maker/Brand.

  6. Over 80% of the FCEVs on the road at the end of 2021 were LDVs with the majority being passenger cars. Buses and trucks each constitute almost 10% of global FCEV stock. In 2021, Korea maintained the lead in FCEV deployment, with over 19 000 vehicles (almost double the stock at the end of 2020).

  7. In 2022 the total exports of passenger cars increased rapidly, making the differences between these data sources more apparent. In 2022 the export of passenger vehicles increased by almost 60%, exceeding 2.5 million, while the imports of passenger vehicles decreased by almost 20% (950 000 to 770 000).