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VW Sales in S. Korea Plunge 86%

Written: 2016-08-04 14:44:59Updated: 2016-08-04 14:49:44

VW Sales in S. Korea Plunge 86%

In the wake of a fresh round of an emission cheating scandal, sales of Volkswagen cars in South Korea plunged to 425 units last month.

That's an 85-point-eight percent drop year-on-year and a 76-point-eight percent fall month-on-month.

The Korea Automobile Importers and Distributors Association on Thursday announced that the number of newly registered import cars came to 15-thousand-730 overall in July, a two percent fall from over 27-thousand in the same month last year.
 
In particular, sales of Audi Volkswagen plummeted even before the German carmaker was smacked with administrative penalties of certificate revocations and sales suspensions in South Korea for emission cheating and document fabrication allegations.
 
With VW seeing an 86 percent sales reduction, Audi sold two-thousand-638 cars in July, down 46-point-five percent from the previous month and 42-point-five percent compared to the same month last year.
 
Sales of imported cars hit a monthly record high of 24-thousand-366 in December last year before falling to 16-thousand-234 in January this year. However, it has been fluctuating and hovering around the 20-thousand level since then.

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