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NUMBER OF REGISTERED CARS IN S. KOREA TOPS 16 MLN.

AsiaPulse News

| March 03, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, March 3 Asia Pulse - The number of cars registered in South Korea exceeded 16 million in 2007, with a sharp increase in the number of imported vehicles, a government report showed Monday.

According to the report by the Ministry of Homeland and Maritime Affairs, the number of vehicles registered here amounted to 16.43 million at the end of last year, up 3.4 per cent or 533,000 units from a year earlier.

Passenger cars were the largest component with 12 million being registered, followed by vehicles for cargo ...

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Source: HighBeam Research, NUMBER OF REGISTERED CARS IN S. KOREA TOPS 16 MLN.

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