February 07, 2014 12:11
Sales of imported cars surged 20 percent in January to reach the second highest monthly record. The latest figures have prompted industry watchers to forecast another bumper year for foreign cars here.
The Korea Automobile Importers and Distributors Association said Thursday that new imported car registrations stood at 14,849 in January, just 104 shy of the record in July last year.
The most popular imports were German-made diesel cars with 2.0-liter or smaller engines. BMW sold 3,408 cars, Mercedes-Benz 2,773 and Volkswagen 2,700, accounting for 75 percent of all imports.
The top-selling import was the BMW 520d (809), with 2.0-liter or lower models accounting for more than half of all imported cars sold in January.
Diesel cars made up 70 percent of imported car sales, attesting to consumer preferences for smaller and fuel-efficient models.
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