BMW car registration number South Korea 1988-2023
In 2023, around 77.4 thousand BMW cars were registered in South Korea. This was slightly down from the previous year, after the sales of BMW increased in 2022. BMW began selling cars in Korea in 1988 and its sales jumped from 9,600 to 16,800 in 2010. Like other brands, sales dropped in 1998 in the aftermath of the 1997 Asian financial crisis, commonly called the "IMF Crisis" in Korea.