In November this year, South Korea’s new car registrations increased by 16.0 percent month on month and went down by 12.3 percent year on year to 24,740 units, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the January-November period this year, South Korean new car registrations declined by 3.9 percent year on year to 243,811 units.