General Motors Korea is about to start selling Chevrolet vehicles made in the US now the free trade agreement (FTA) between the two countries has taken effect.

The FTA reduced import taxes for US-made vehicles to 4% from 8%, Inautonews reported.

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The Corvette Coupe goes on sale on 4 May with 430 hp V8 engine.

The Korean price of KRW86.4m (US$76,300) is 50% more than asked in the US.

Just Auto Excellence Awards - Nominations Closed

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.

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