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Mercedes-Benz maintains top rank in Korean imported car market for 5 straight mos

Collected: 2017.11.06

Distributed: 2017.11.07

Source: Go Direct

BMW 520d

Mercedes-Benz retained its top position in the Korean imported car market for five consecutive months in October while BMW 520d kept the lead as the best-selling model for three months in a row. Honda Accord emerged as the second best-seller.

According to the Korea Automobile Importers and Distributors Association (KAIDA) on Monday, a total of 16,833 imported vehicles were sold last month. It was down by 16.8 percent from the previous month and 18.3 percent from a year-ago period as sales were disrupted by the country`s long Chuseok holiday that fell in early October, an official from the KAIDA said. This year’s Chuseok holiday that included two separate national holidays, two weekends and one temporary off day was exceptionally long, lasting 10 days.

Honda Accord

By brand, Mercedes-Benz ranked first after selling 4,539 units, followed narrowly by BMW that sold 4,400 units. They were tailed by Toyota (1,110 units), Land Rover (940 units), Honda (930 units), Lexus (906 units), Ford (756 units), MINI (660 units), Volvo (534 units) and Chrysler (513 units).

The best-selling model in October was BMW 520d, selling 842 units, followed by Honda Accord with 724 units, BMW 520d xDrive with 640 units, Lexus ES300h with 555 units and BMW 530 xDrive with 477 units.

By country, cars imported from European countries including Germany accounted for the lion’s share of 70 percent. Japanese vehicles took up 21.6 percent, up from 18.3 percent, and American brands accounted for 8.4 percent

By Park Chang-young and Choi Mira

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