September New Imported Car Registrations 20,406 Units... 6% Decrease Year-on-Year
Impact of Reduced Business Days and Vehicle Semiconductor Supply Shortage
[Asia Economy Reporter Yoo Je-hoon] The Korea Imported Automobile Association (KAIDA) announced on the 6th that the number of new registrations of imported passenger cars last month totaled 20,406 units, a 6.6% decrease compared to the same period last year.
By brand, Mercedes-Benz ranked first with 6,245 units, followed by BMW with 4,944 units. Volvo (1,259 units), Audi (1,150 units), Chevrolet (1,022 units), Mini (961 units), Volkswagen (817 units), and Lexus (644 units) followed.
By engine displacement, registrations were 12,658 units (62.0%) under 2000cc, 5,182 units (25.4%) between 2000cc and under 3000cc, 2,028 units (9.9%) between 3000cc and under 4000cc, 202 units (1.0%) over 4000cc, and others (electric vehicles) 336 units (1.6%).
By country, Europe accounted for 16,639 units (81.5%), the United States 2,174 units (10.7%), and Japan 1,593 units (7.8%). By fuel type, gasoline was 9,689 units (47.5%), hybrid 5,569 units (27.3%), diesel 2,608 units (12.8%), plug-in hybrid 2,204 units (10.8%), and electric 336 units (1.6%).
By purchase type, individual purchases totaled 13,524 units (66.3%), and corporate purchases 6,882 units (33.7%). Regional registrations for individual purchases were Gyeonggi with 4,366 units (32.3%), Seoul 2,871 units (21.2%), and Busan 797 units (5.9%). For corporate purchases, registrations were Incheon 2,397 units (34.8%), Busan 1,598 units (23.2%), and Daegu 901 units (13.1%).
The best-selling models in September were Chevrolet Colorado (758 units), Mercedes-Benz GLC 300 e 4MATIC Coupe (578 units), and Mercedes-Benz GLC 300 e 4MATIC (557 units).
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Im Han-gyu, Vice Chairman of KAIDA, explained, "The decrease in new registrations of imported passenger cars in September was due to a reduction in business days caused by the Chuseok holiday and a shortage of supply caused by semiconductor procurement difficulties in some brands."
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