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Foreign car sales jump 5.9 pct in May

All News 10:20 June 07, 2016

SEOUL, June 7 (Yonhap) -- Sales of foreign cars in South Korea rose 5.9 percent on-year in May as some importers secured a sufficient amount of popular car models to meet demand here, industry data showed Tuesday.

According to the data compiled by the Korea Automobile Importers and Distributors Association, a total of 19,470 units of imported cars were registered last month, up from 18,386 units tallied in the previous year.

From a month earlier, May sales also spiked 9.1 percent, the data showed.

The upturn was attributed in part to some importers securing sufficient vehicles from overseas carmakers to meet the demand.

German brands continued to dominate the market.

BMW topped the pack by selling 4,651 cars in May.

Mercedes-Benz secured the second spot by selling 3,148 cars, followed by Audi with 2,336 units and Volkswagen with 2,326.

The Tiguan 2.0 TDI BlueMotion was the best seller among foreign cars in May with 769 units sold.

During the January-May period, cumulative foreign car sales came to 93,314 units, down 2.3 percent from the same period a year earlier, according to the data.


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