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Sales Of New Passenger Cars in South Korea

Source: OICA, National Statistical Office
Last Updated: Apr 16, 2021

Sales of passenger cars reached 1,618 thousand in 2020 in South Korea, according to ACEA. This is 8.10 % more than in the previous year.

Historically, sales of passenger cars in South Korea reached an all time high of 1,618 thousand in 2020 and an all time low of 46.0 thousand in 1980. When compared to South Korea's main peers, sales of passenger cars in China amounted to 20,178 thousand, 3,810 thousand in Japan and 216 thousand in Vietnam in 2020.

South Korea has been ranked 10th within the group of 66 countries we follow in terms of sales of passenger cars, 4 places above the position seen 10 years ago.

Passenger cars refer to road motor vehicles, other than two-wheelers, intended for the carriage of passengers and designed to seat no more than nine people (including the driver).

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