Selling Corvettes in Korea?

This article doesn't sound all that hopeful:

The revised bilateral free trade agreement between Korea and the US has made favorable the import for the Chevrolet Corvette Coupe into Korea. This will be initiated by General Motors Korea Co., the South Korean unit of General Motors from Friday, 4th May 2012. The pact which was signed in March this year decreased import tax by 50% making such imports feasible and more economical. Chevrolet Corvette Coupe will be among the first to be imported and sales will commence this month.

Chevrolet Corvette Coupe will compete with Porsche 911 Carrera and BMW Z4. Though GM Korea Co is not expecting resounding success for a start they do hope that the luxury sports car will increase its brand image among Koreans in due course.