Automakers

S. Korea's wealthy, passed over by pandemic pain, spend on Porsches, BMWs

A Porsche Cayenne is seen on display at a dealership in Seoul.
JL
By:
Joyce Lee and Hyunjoo Jin
|
R
By:
Reuters
June 22, 2020 08:47 AM

SEOUL -- Hwang Min-yong, a 37-year-old South Korean businessman, recently received his black Porsche Cayenne coupe with red leather seats after a seven-month wait and took it out for a drive on a scenic road overlooking a river near Seoul.

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