South Korean vehicle import sales surge 35% in February

Sales of imported airy rider vehicles successful South Korea continued to surge successful February 2026, rising by 35% to 27,190 units from 20,199 units successful the aforesaid period past year, according to registration information released by the Korea Automobile Importers & Distributors Association (KAIDA).

Imports continued to importantly outperform the home marketplace past month, driven by beardown income of artillery electrical vehicles (BEVs) and hybrid electrical vehicles (HEVs). In the archetypal 2 months of 2026, import income roseate by 36% to 48,150 units from 25,428 units a twelvemonth earlier, portion home income by the country’s 5 main automakers fell by 3.5% to 195,798 units.

BMW continued to pb the import marketplace successful the archetypal 2 months of the year, albeit with income rising by conscionable 2.9% to 12,583 units, portion income by its Mini subsidiary roseate by implicit 39% to 1,077 units. Together, the 2 brands accounted for implicit 28% of full import sales.

Mercedes-Benz income roseate by implicit 23% to 10,443 units year-to-date, arsenic the German automaker steps up caller exemplary launches successful the country. The institution announced precocious that it plans to motorboat 10 caller and facelifted rider conveyance models successful South Korea successful 2026, arsenic it looks to fortify its line-up of electrified vehicles. Four caller models volition beryllium based connected caller platforms, including the all-new battery-powered and hybrid CLA sedans, and the caller battery-powered GLC and GLB SUVs.

Volkswagen Group reported a 32% income emergence to 3,944 units successful the two-month period, portion US BEV shaper Tesla’s income surged fourfold to 9,834 units and Volvo sold 2,123 units. Toyota’s income roseate by 34% to 1,415 units, portion its Lexus part reported a 5% emergence to 2,577 units.

BYD, which launched operations successful South Korea a twelvemonth ago, has sold 2,304 vehicles truthful acold this year. The Chinese automaker has acceptable itself a income people of 10,000 units this year, helped by the motorboat of 3 further models, including a rear-wheel-drive mentation of the Seal, the Dolphin hatchback and a Dual Mode intelligent (DM-i) plug-in hybrid model.

Stellantis besides announced that it is stepping up its income operations with the motorboat of the Peugeot 5008 hybrid SUV and the Jeep Grand Cherokee this year, portion Polestar said it aims to merchantability 4,000 BEVs this year, helped by the instauration of the Polestar 3 and 5 models.

"South Korean conveyance import income surge 35% successful February" was primitively created and published by Just Auto, a GlobalData owned brand.

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