Race for 4th place heats up in Korean import car market

Race for 4th place heats up in Korean import car market

Lexus, Volvo and Audi are racing to secure the fourth sales spot and solidify their luxury identity in Korea's lucrative imported car market, dominated by BMW, Mercedes-Benz and Tesla. According to data from the Korea Automobile Importers & Distributors Association (KAIDA), BMW led foreign car sales between January and August with 51,228 vehicles, followed by Mercedes-Benz with 41,379 and Tesla with 34,543. Lexus secured the fourth spot among be…