In September this year, South Korea’s new car registrations rose by 20.3 percent month on month and by 32.2 percent year on year to 32,834 units, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the first nine months of this year, South Korean new car registrations grew by 15.7 percent year on year to 225,348 units.
I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.