In March of this year, South Korea's new car registrations increased by 21.4 percent month on month to 20,304 units, up 12.3 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 4.8 percent year on year to 54,669 units.