South Korea report: domestic vehicle sales up 6% in December
December uptick, but Korea's vehicle market was down 7% in 2024.
13 January 2025
13 January 2025
December uptick, but Korea's vehicle market was down 7% in 2024.
Market lifted by a strong second half of the year driven by incentives and discounts.
To achieve this, the company implemented substantial consumer discounts.
CATL to become SAIC’s preferred supplier.
BYD says pricing of the car promises an ‘accessible entry point into the world of EVs’ for young European consumers.
The issue is expected to be resolved through an over-the-air software update.
Sales affected by weak demand, rising competition.
The automaker has observed a higher demand for its premium and electric vehicles in cities such as Kanpur and Patna.
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