(MENAFN) Imports of American cars in South Korea more than tripled in four years, a jump that could be attributable to the free trade deal between Seoul and Washington.
According to data delivered by auto industry, South Korea shipped in a total of 49,096 cars from the United States through last year, up from 13,669 units in 2011.
The Asian nation fully lifted import tariffs on imported vehicles from the U.S. earlier this year, a move that could give a further boost to sales of U.S. cars in South Korea.
In particular, Ford Sales and Service Korea, the local importer of Ford Motor Co., sold 10,358 cars over the previous year, up 147 percent from 2011 when it sold 4,184 units.
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