In January-March 2026, the number of new car registrations in South Korea increased by 35.4 percent.

According to data released by the Korea Automobile Importers and Distributors Association (KAIDA), new car registrations in South Korea rose 24.9 percent month-on-month and 34.6 percent year-on-year to 33,970 units in March this year.

Meanwhile, in the first three months of this year, new car registrations in South Korea Korea grew by 35.4 percent year on year to 82,120 units.