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(LEAD) Imported commercial car sales rise 5.5 pct in H1

All News 16:17 July 12, 2018

(ATTN: CHANGES headline and lead, figures throughout)

SEOUL, July 12 (Yonhap) -- Sales of imported commercial vehicles rose 5.5 percent in the January-June period from a year earlier on solid demand growth, a local automobile association said Thursday.

The number of newly registered imported commercial vehicles came to 2,364 units in the first half, up from 2,241 in the same period a year ago, the Korea Automobile Importers and Distributors Association (KAIDA) said in a statement.

In June, imported commercial car sales fell 6.1 percent to 425 units from 399 a year earlier, the statement said.

Local demand for imported trucks, buses and vans has been on the rise as foreign vehicles are seen as being more technologically advanced than domestically-produced models, KAIDA said.

The five major imported commercial car brands are: MAN, Mercedes-Benz, Volvo Trucks, Scania and Iveco.

Imported commercial vehicles currently account for the lion's share of the domestic commercial car market but their exact market share is not available, the association said.

This photo provided by Scania Korea shows its truck. (Yonhap)


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