imported car

Retail Asia22/02/2019

Rolls-Royce announced Wednesday it will follow Korea’s voluntary lemon law for automakers, making it the first foreign luxury brand to accept the newly introduced regulation. Korea’s revised automobile management law, enacted last month, forces complying automakers to replace or refund recently purchased vehicles that repeatedly exhibit problems, similar to lemon laws in the United States. […]

Retail Asia11/02/2019

Sales of imported vehicles in Korea declined by more than 10 percent in January from a year earlier due to typically low seasonal demand and supply shortage of some brands, industry data showed on Friday. The number of foreign cars sold last month reached 18,198 units, down 13.7 percent from a year earlier, according to […]

Retail Asia25/01/2019

The value of imported vehicles sold in Korea last year jumped 9.9 percent to 17.47 trillion won ($15.49 billion) from a year earlier on demand for German models, industry data showed Thursday. In 2018, imported carmakers sold a combined 260,705 vehicles in Asia’s fourth-biggest economy, up 12 percent from the previous year, the latest findings […]

Retail Asia16/01/2019

Luxury carmaker Jaguar introduced the I-Pace, its first electric vehicle (EV), to the Korean market Monday at the Paradise City hotel in Incheon, joining a growing number of EV automakers in the country. The luxury brand’s all-electric sport-utility vehicle (SUV) sports an electric powertrain that produces up to 400 horsepower and a 333-kilometer (207-mile) driving […]

Retail Asia22/03/2017

Vietnamese policymakers are looking at ways to safeguard the domestic automobile industry against foreign rivals, based on an official document released by the government office. Vietnam’s automobile industry is expected to face more hurdles in the years to come as the local market opens up to foreign competitors. Locally-assembled cars could cost 20 percent more […]

Tag: imported car

Rolls-Royce agrees to follow Korea’s lemon law

Sales of imported vehicles in Korea fell 10 percent in January

Imported vehicle sales in Korea up nearly 10% in 2018

Jaguar’s first electric car roars into Korea

Vietnam driven to protect domestic automobile industry