Over 20 Million Cars Registered in Korea

  • Arirang News

    June 22, 2016 10:46

    The number of registered vehicles here is estimated to top 20 million this month or about two for every four-person household.

    That is a dramatic increase from 45 years ago, when just one household in every 100 had a car.

    According to the Transport Ministry, the number of registered vehicles last month hit 19.96 million not including company cars. Since then 50,000 to 60,000 more cars have been registered every month, and one in 10 was an import.

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