South Koreans purchased 413 units of imported commercial vehicles in March, up 18 percent from the 349 a year earlier, according to the Korea Automobile Importers and Distributors Association (KAIDA).
There was increased sales of Volvo, MAN, and Scania trucks on recovering demand amid the extended coronavirus pandemic, KAIDA said.
Imports account for a large share of the domestic commercial vehicle market.
MAN, Mercedes-Benz, Volvo Trucks, Scania, and Iveco sell buses, vans, and trucks in South Korea.


Oil Price Forecasts Rise for 2026 as Middle East Supply Risks Persist
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO
Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Trump Urges Iran to Call for Talks as War Stalemate Disrupts Oil Markets
European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets
Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 



