Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Car ownership rate in South Korea 2006-2016

Passenger car ownership rate in South Korea from 2006 to 2016

by Won So, last edited Nov 8, 2019
Car ownership rate in South Korea 2006-2016 In 2016, there were 338.3 passenger cars per 1,000 inhabitants in South Korea. Although the overall number of registered cars is slowing down overall, it is expected to maintain a steady increase due to the expansion of eco-friendly cars and the demand of second cars by consumers.
”Homebrand Hyundai Motor Group“

As of 2018, the top 10 of the best-selling car models in South Korea were from the Hyundai Motor Group (including Kia), the home brand. Hyundai Motor Group’s market share accounted for more than 80 percent of the entire Korean automobile manufacturing market. After Kia was merged into Hyundai during the Asian financial crisis, both companies have grown, and sales revenue has been steadily increasing. Since 2000, it succeeded as a strong player in the domestic market with its leading passenger car models such as Avante, Sonata, and Grandeur. Hyundai Motor has three domestic factories including its main factory in Ulsan and seven overseas factories.

“New mobility services“

In South Korea, it is common to use public transportation such as buses or subways due to traffic congestion or lack of parking spaces. In addition, the population using electric scooters, electric bikes, and segways has increased recently. The personal mobility devices (PMD) market was expected to grow significantly by 2022. Tada, a ride-hailing service company that was launched in 2018, secured 1.25 million users in a year after the service began despite continued opposition from the traditional taxi industry and barriers due to government regulations. In addition to this, the use of ride-hailing services such as Kakao taxi and T-map taxis has greatly increased. According to one survey, taxi app usage was nearly 90 percent and the satisfaction level among Korean commuters was high.
Show more

Passenger car ownership rate in South Korea from 2006 to 2016

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
New mobility solutions in South Korea
New mobility solutions in South Korea

All Information
in one Presentation

New mobility solutions in South Korea

Everything On "New mobility solutions in South Korea" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Automotive industry in South Korea"
  • Overview
The most important statistics
  • Vehicle production
  • Vehicle sales
  • Manufacturers and brands
  • Automotive trade
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: You might find this interesting as well
Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.