INSIGHTS
Korea Automotive Market
Explore the structure of Korea’s automotive market, new vehicle registration trends, major brands, and shifts between domestic and imported vehicles.
Korea Automotive Market Overview
South Korea is one of the world's major automotive manufacturing and consumer markets, led by Hyundai, Kia, Genesis and other Korean brands, while also maintaining a well-established imported vehicle market. With a high level of passenger vehicle ownership and steady replacement demand, a continuous supply of used vehicles is generated through rental companies, corporate fleets, taxi operators and individual vehicle replacements.
