SEOUL, Nov. 24 (Yonhap) -- Sales of imported commercial vehicles in South Korea jumped 21 percent last month from a year earlier on robust sales of Scania and Mercedes-Benz trucks, an industry association said Tuesday.
The number of newly registered imported commercial vehicles rose to 474 units in October from 392 a year ago, the Korea Automobile Importers and Distributors Association (KAIDA) said in a statement.
Imported commercial vehicles currently account for a large share of the domestic commercial vehicle market.
Five major imported commercial vehicle brands -- MAN, Mercedes-Benz, Volvo Trucks, Scania and Iveco -- sell trucks, buses and vans in South Korea.
From January to October, overall sales fell 10 percent to 3,565 from 3,959 in the year-ago period amid the pandemic-caused slump, the statement said.
KAIDA expects the new coronavirus outbreak will continue to weigh on consumer sentiment this year.
(News Focus) S. Korea drums up measures to revive consumption, create jobs next year amid pandemic
S. Korean companies bet big on hydrogen for zero-emission goal
S. Koreans feel pinch of rising housing costs amid economic downturn
Korean Air's Asiana takeover heralds seismic shift; bumpy roads lie ahead for completion
(News Focus) Biden's victory heralds more multilateral approach, environment, pro-labor policies in focus