In July of the current year, South Korea's new car registrations decreased by 14.7 percent month on month to 20,707 units, up 14.3 percent year on year, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the January-July period this year, South Korean new car registrations rose by 25.1 percent year on year to 140,539 units.