KOTI - Korea Transport institute

The end of December 2011, the number of cars registered in Korea approximately 1,844 ten thousand, and it shows ownership level of a car per 2.5persons. It is expected that amounts to 20 million within the next five years. Factors such as political support for eco-friendly vehicles and introduction of new vehicle type, make it increase continuously . A variety of methodologies for car ownership levels in the early 2000s were attempted. But follow-up studies are lacking until now. Therefore, it is time to reconsider the prospects for the car ownership. For this purpose, economic fluctuation factors since the gobal financial crisis in 2008 and green growth keynote of transportation sectors should be reflected. Consequently, this study aims to establish a consistent methodology for transportation policy, and on this basis, to be able announce and present regularly