In July this year, South Korea’s new car registrations decreased by 21.0 percent month on month and by 1.3 percent year on year to 21,138 units, 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 declined by 0.4 percent year on year to 151,827 units.