Sales of imported vehicles in South Korea are expected to grow about 12 percent on-year in 2012, fueled by steady consumer demand for foreign cars, a trade association said Wednesday. A total of 119,000 units are expected to be sold in the local market in the new year, compared to an estimated sales figure of 106,000 vehicles for 2011, the Korea Automobile Importers and Distributors Association (KAIDA) said.
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