In October this year, South Korea’s new car registrations dropped by 26.7 percent month on month and rose by 13.2 percent year on year to 24,064 units, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the first 10 months of this year, South Korean new car registrations grew by 15.5 percent year on year to 249,412 units.