News - Sales volume of series cars in South Korea fell 58% year on year in October, with a drop of more than half in three consecutive months

Sales volume of series cars in South Korea fell 58% year on year in October, with a drop of more than half in three consecutive months

Posted 2025-07-17 00:00:00 +0000 UTC

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According to data released by the Korea Association of import vehicles on Tuesday, the number of new cars registered in October decreased by 58.4% year-on-year to 1977, Beijing time reported Friday. Affected by the "boycott of Japanese goods" campaign, the sales volume of Japanese cars in South Korea decreased by 17.2% in July, by 56.9% in August and by 59.8% in September. So far this year, the cumulative sales volume is 3063400 units, a year-on-year decrease of 13.1%. It is worth mentioning that in the first half of the year before the boycott of Japanese goods in South Korea, the sales volume of Japanese cars increased by 10.8% year-on-year, refreshing the best performance in history. In terms of brand, the sales volume in October was 456, down 77% year on year. 69.6%, 65.7% and 12% respectively. Under the circumstances of heavy blow to Japanese cars, German cars performed strongly. Mercedes - last month sold 8025 vehicles in South Korea, the highest monthly sales record, with a market share of more than 36%, up 26% year-on-year.