South Korea's auto market grew 3.4% in July

In July 2025, South Korea's new light vehicle market sales reached 138,100 units, a year-on-year increase of 3.4%. Foreign brands saw sales surge 23.2% year-on-year to 27,100 units, accounting for nearly 20% of the market, while domestic brands saw sales decline slightly by 0.5% to 111,000 units.