City
Epaper

Eco-friendly cars account for 81 pc of new imported car sales in April in S. Korea

By IANS | Updated: May 8, 2025 09:37 IST

Seoul, May 8 The number of imported vehicles sold in South Korea last month dropped slightly from a ...

Open in App

Seoul, May 8 The number of imported vehicles sold in South Korea last month dropped slightly from a year earlier, but eco-friendly vehicles such as hybrids and electric vehicles (EVs) accounted for a record 81 percent of the total, industry data showed on Thursday.

According to the Korea Automobile Importers and Distributors Association (KAIDA), a total of 21,495 imported cars were newly registered in April, down 0.3 percent from a year ago.

KAIDA attributed the decrease to price hikes and inventory shortages for certain brands, reports Yonhap news agency.

In terms of fuel type, hybrid vehicles led the sales, accounting for 63.7 percent, followed by EVs and gasoline models, at 17.3 percent and 17.1 percent, respectively. Diesel models accounted for 1.9 percent of total imports.

By individual model line, Mercedes-Benz's E-Class topped the sales chart with 2,151 units, followed by BMW's 5 Series and Tesla's Model Y, with 2,040 units and 804 units, respectively.

Meanwhile, the sale of imported vehicles in South Korea gained 24.4 percent from a year earlier in February, helped by the announcement of this year's government subsidies for electric vehicles (EVs), industry data showed recently.

The number of newly registered imported cars came to 20,199 units in February, up from 16,237 units from a year ago, according to the Korea Automobile Importers & Distributors Association. On a monthly basis, the tally represents a 32.6 percent surge from January.

In terms of fuel types, hybrid registrations totalled 13,013 units, or 64.4 percent of all new imported cars. Electric, gasoline and diesel model registrations followed at 18.6 percent, 16 percent and 1 percent, respectively.

BMW was the most popular brand, selling 6,274 units, followed by Mercedes-Benz, which sold 4,663 units.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalTrump urges NATO members to stop buying Russian oil, threatens 50‑100 pc tariffs on China

InternationalAfter Poland, Romania reports Russian drone breach its airspace

InternationalUNHRC warns Pakistan deportations of Afghans could deepen crisis without aid

InternationalAt least 25 injured in Madrid bar blast, gas leak suspected

InternationalSikh woman reported rape in what police calls "racially aggravated" attack in UK's Oldbury

Business Realted Stories

BusinessE-commerce platform Flipkart’s losses widen to Rs 5,189 crore in FY25

BusinessBig-ticket investors line up for PM MITRA textile park in MP; PM Modi to inaugurate on his b'day

BusinessBairabi-Sairang rail link connects Mizoram's capital to Indian Railways network for first time: JP Nadda

BusinessGold and silver prices hit record high this week amid global uncertainty

BusinessNo ITC reversal needed on post-sale discounts: CBIC