SEOUL, June 5 (Xinhua) South Korea's imported car sale rose for the third successive month due to solid demand for foreign luxury vehicles, industry Kenya breaking news | Kenya news today |
The growing popularity of Genesis premium vehicles is negatively impacting sales for its two major German counterparts, BMW and Mercedes-Benz. This trend comes as the Korean carmaker s premium positioning strategy has started to create tangible outcomes here and abroad, according to data and industry officials Sunday.
Mercedes-Benz Korea launched facelifted compact electric SUVs - the EQA and EQB - to expand its electric vehicle (EV) presence here amid toughening competition against BMW and other local carmakers, the company said Wednesday.