South Korea foreign car sales up

Sales of imported cars in South Korea totaled 10,556 vehicles in February, up 14.8 percent year-on-year, a trade group said Thursday. What was notable in the figures released by the Korea Automobile Importers and Distributors Association was that sales of foreign brands rose as sales of local brands declined to 98,226 units in February, down 12.5 percent year-on-year. Yonhap news agency reported BMW held the top spot for foreign car sales, selling 2,583 vehicles in February, a measure of Germany's dominance of the South Korean market. In the domestic market, Hyundai Motor Co. and its sister company Kia Motors Corp. held the top spot.