Fri, Sep 06, 2024
BMW Korea leads South Korea's imported vehicle market in 2024, surpassing Mercedes-Benz amid the latter's brand reputation issues following an EV fire incident. With strong sales of the 5 Series and expanding EV infrastructure, BMW is poised for continued success.
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Wed, Feb 01, 2023
Customs duty on vehicles in completely built units (CBUs) costing less than USD 40,000 or with engine capacity less than 3,000 cc for petrol-run vehicles and less than 2,500 cc for diesel-run vehicles has been raised from 60 per cent to 70 per cent, as per the Budget document.
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