In March of this year, South Korea's new car registrations increased by 32.5 percent month on month to 26,402 units, up 19.6 percent year on year, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in the January-March period of this year, South Korean new car registrations rose by 22.6 percent year on year to 67,405 units.