- Business
- Deutsch Motors Inc. (067990.KS) operates as South Korea's leading authorized dealer for BMW and MINI vehicles, marketing imported luxury automobiles including new and certified pre-owned cars through extensive showroom and online channels; it also distributes automobile parts, provides after-sales maintenance and repair services at dedicated centers, offers car brokerage and leasing, and delivers financial solutions such as installment financing, credit placement, asset securitization via subsidiaries like Deutsche Financial Co., Ltd. and DFS Co., Ltd.; additional segments encompass real estate development, operation and leasing through entities including Deutsche Auto World Co., Ltd., Sajik Auto Land, and Charancha Co., Ltd., with all activities centered in South Korea where the company maintains nationwide operations from its Seoul headquarters, founded in 1997. The company recently expanded its multibrand strategy by adding Aston Martin, BYD and McLaren to its portfolio of BMW, MINI, Jaguar Land Rover, Porsche, Audi and Lamborghini dealerships; it completed a share buyback program in August 2025 acquiring 527,731 shares or 1.84% of its equity for KRW 2.5 billion; acquired Sajik Auto Land in 2024 for premium used car trading and remodeling; launched DT Auction for used auto parts and established DT Innovation for sustainable circular economy initiatives including auto salvage operations; and reported nine-month sales of KRW 42 billion through September 2025 with a shift to net income of KRW 3.7 billion from prior-year losses, reflecting strengthened customer-focused retail and operational efficiency under Vice Chairman Kwon Hyeok-min.