According to the Korea Herald, citing the Korea Automobile Manufacturers Association, the number of automobiles over 15 years old increased by 150,000 units last year to about 475,000. In 2007 the total was about 325,000.
Vehicles produced more than 15 years ago now represent 3.8% of the total registered, up from 2.7% recorded in 2007.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Monumo’s Anser® platform has won the Innovation and Environmentalawards by reinventing electric motor design with ultra fast, system level optimisation and lower environmental impact. Learn how Anser® is powering the next wave of sustainable automotive engineering.
