Hyundai Casper, Tesla boost Korea’s online car sales

Q: How long will it take to read this news story?

The story "Hyundai Casper, Tesla boost Korea’s online car sales" has 607 words across 30 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Hyundai Casper, Tesla boost Korea’s online car sales" was covered 4 hours ago by Korea Economic Daily, a news publisher based in South Korea.

Q: How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news. The outlet is headquartered in South Korea and publishes an average of 12 news stories per day. It's most recent story was published ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22418429</li><li>URL: https://beamstart.com/news/hyundai-casper-tesla-boost-koreas-17258582254075</li></ul>

Korea Economic Daily Logo Korea Economic Daily 4h ago

Hyundai Casper, Tesla boost Korea’s online car sales - Korea Economic Daily

Quick Summary:

South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising sales of the Casper, Hyundai Motor Co.'s smallest crossover sport utility vehicle, and Tesla Inc.’s Model series on the internet, industry sources said.

BMW’s sales on the internet skyrocketed to 16,853 vehicles last year in South Korea from only 500 units in 2020 when the company introduced online car sales there.GM Korea Co., the South Korean unit of US auto giant General Motors Co., started sales on the internet in 2021 and expanded the number of models online to four.

The increases prompted other automakers such as BMW to join the move, while used car online platforms such as K-Car focused on sales on the internet.CASPER, NO.1 IN ONLINE CAR SALESThe Casper, which Hyundai sells only online, was the best model on the internet in South Korea.