Corporate News

Cars with green corporate license plates surpass 12,000

A total of 12,621 passenger cars were affixed with green license plates this year through July 18, denoting corporate cars with a price tag of over 80 million won ($58,000), according to data from the Ministry of Land, Infrastructure and Transport. [YONHAP]

A total of 12,621 passenger cars were affixed with green license plates this year through July 18, denoting corporate cars with a price tag of over 80 million won ($58,000), according to data from the Ministry of Land, Infrastructure and Transport. [YONHAP]

 
A total of 12,621 passenger cars were affixed with green license plates this year through July 18, denoting corporate cars with a price tag of over 80 million won ($58,000), according to data from the Ministry of Land, Infrastructure and Transport.
 
By model, the Genesis G90 had the highest number of green license plates with a total of 2,801 cars. From the beginning of the year, the government introduced a rule requiring corporate cars with a price tag of over 80 million won to affix light green license plates instead of the standard white plates in an attempt to curb the misappropriation of corporate vehicles for personal use unrelated to business activities.

BY SARAH CHEA [chea.sarah@joongang.co.kr]




Read More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button