Hyundai Motor Ulsan Plant Export Loading Dock <span>[Image source=Yonhap News]</span>

Hyundai Motor Ulsan Plant Export Loading Dock [Image source=Yonhap News]

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[Asia Economy Reporter Moon Jiwon] The Ministry of Land, Infrastructure and Transport announced on the 30th that it will hold a 40-day legislative notice period from the 31st until May 10 for the amendment of the Enforcement Rules of the Automobile Management Act, focusing on easing entry regulations for new automobile management operators.


According to the amendment, those who have been required to directly own facilities and equipment to perform automobile maintenance, dismantling and recycling (scrapping), performance and condition inspections, or to operate auction houses, will now be recognized as meeting registration standards if they secure usage rights through lease contracts.


The amendment reflects recent changes in business types such as the spread of online auctions and relaxes standards for automobile auction houses, reducing parking lot size requirements (from 3,300㎡ to 2,300㎡), auction room size (from 200㎡ to 140㎡), and the number of seats for auction participants (from 100 to 70 seats) to reduce operators' cost burdens.


Additionally, the minimum office area requirement (33㎡) for business offices will be removed so that automobile dismantling and recycling operators and automobile auction house operators can flexibly set the size of offices necessary for business according to their circumstances.


Automobile diagnostic evaluators with specialized knowledge of automobile performance and condition will also be allowed to conduct performance and condition inspections if they have performed automobile maintenance technician duties for more than one year, thereby expanding personnel standards.


Lee Jung-gi, Director of the Automobile Operation Insurance Division at the Ministry of Land, Infrastructure and Transport, said, "This amendment is expected to significantly reduce the burden of meeting registration and qualification standards for automobile management operators," and added, "We will continue to closely examine business sites and continuously revise related systems, including standards that do not fit reality."



The amendment to the Enforcement Rules is scheduled to be promulgated and enforced in August after consultations with related ministries and review by the Ministry of Government Legislation.


This content was produced with the assistance of AI translation services.

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