Revenue of the used car market South Korea 2017, by company type
In 2017, small medium enterprises (SMEs) operating in the South Korean used car market posted revenue of over five trillion South Korean won. According to the source, used car businesses all showed positive annual revenue growth on average from 2013 to 2017; SMEs grew 20.5 percent, small enterprises grew 16.8 percent, and large enterprises grew 8.2 percent. In 2013, the used car market was designated as a "SME suited sector", which blocked large enterprises from further entering or expanding in the market.