In February this year, South Korea’s new car registrations decreased by 0.1 percent month on month to 22,290 units and were up 33.3 percent year on year, according to the data released by the Korea Automobile Importers and Distributors Association (KAIDA).
Meanwhile, in January-February period this year, South Korean new car registrations rose by 29.8 percent year on year to 44,611 units.