The Renault Grand Koleos aka Geely Monjaro has a blockbuster debut in South Korea. New light vehicle sales in South Korea edge up 0.9% year-on-year in September to 130,416 units. This lift is only due to the good health of foreign manufacturers at +10.1% to 24,839 whereas locals are off…
The Kia EV3 ranks #9 at home for its 2nd month in market. New car sales in South Korea climb 5.5% year-on-year in August to 137,014 thanks to domestic manufacturers (+7.8% to 114,751) while foreigners stumble (-4.7% to 22,263). Year-to-date sales remain frankly in negative at -7.8% to 1,066,536 including…
The Kia EV3 is the best-selling EV in South Korea in July. The South Korean new car market edges down -1.8% year-on-year in July to 133,497 units. This includes 111,520 domestic cars (-2.9%) and 21,977 foreigners (+4%). The year-to-date tally is off a worrying -9.5% to 929,522 sales including 781,893…
The Sonata (+38.9%) helps Hyundai reclaim the YTD leadership off Kia. It's another disappointing month for new car sales in South Korea with a market off -14.5% year-on-year to 137,432 in June. This includes 112,132 domestic models (-16.3%) and 25,300 foreigners (-5.4%). The year-to-date tally is down -10.7% to 796,025…
The Hyundai Staria-based ST1 makes its first appearance in the South Korean ranking. The South Korean new car market drops -7.1% year-on-year in May to 140,886 sales, including 116,677 locals (-10.5%) and 24,209 foreigners (+13.4%). Year-to-date volumes are off -9.8% to 658,593 including 558,241 locals (-10.9%) and 100,352 foreigners (-3.5%).…
The Kia Sportage ranks #2 at home in April. The South Korean new car market recedes -5.9% year-on-year in April to 140,664 units. If foreign carmakers manage a +3.1% uptick to 21,560 sales, domestic ones drop -7.4% to 113,104. The year-to-date situation is even more dire with sales off -10.5%…
The Tesla Model Y obliterates its rivals in the foreign model ranking. New light vehicle sales in South Korea sink -11.6% year-on-year in March to 145,658 units, including 120,395 sales (-14.6%) for local manufacturers and 25,263 (+6%) for foreigners. The year-to-date tally is now down -12.1% to 377.043 including 322,460…
The Genesis GV80 ranks 6th overall in February. The South Korean new car market falls an abrupt -21.4% year-on-year in February to 115,508, with local manufacturers down -20.7% to 99,271 and foreigners down -25% to 16,327. The year-to-date volume is down -12.4% to 231,385 including 202,065 domestic brands (-10.8%) and…
The new generation Santa Fe pushes the nameplate up to its highest ranking in 4.5 years. The South Korean new car market edges down -1.3% year-on-year in January to 115,877. This is solely the fault of foreign manufacturers diving -19.4% to 13,083 whereas domestic brands are up 1.6% to 102,794.…
The Hyundai Grandeur is the best-selling vehicle in South Korea for the 5th time. Discover over 30 years of South Korean Historical Data here. The South Korean new car market edges up 4.1% year-on-year in 2023 to 1,739,578 sales. Hyundai (+14.7%) beats its home market to reach 36.5% share vs.…
The Kia Sorento is the best-selling vehicle in South Korea for the third month ever. The South Korean new light vehicle market advances 3.4% year-on-year in November to 160,624 units, including 132,231 (+4.1%) for domestic carmakers and 28,303 (+0.3%) for foreigners. The year-to-date volume is up 5.7% to 1,596,840 including…
The Hyundai Santa Fe signs its first podium finish in over 3 years. New light vehicle sales in South Korea drop -4.8% year-on-year in October to 138,341 units. This includes 117,012 local manufacturers (-2.5%) and 21,329 foreigners (-15.9%). Year-to-date, the market remains in positive at +5.1% to 1,424,325 including 1,205,239…
The Kia Sorento is the best-selling vehicle in South Korea for the first time. The South Korean new light vehicle market dips -6.1% year-on-year in September to 129,243 sales, including 106,678 for domestic manufacturers (-6.1%) and 22,565 for foreigners (-5.7%). The year-to-date tally remains in clear positive at +6.3% to…
The Hyundai Grandeur tightens its grip on the models charts. New light vehicle sales in South Korea are stable in August at +0.7% year-on-year to 129,832. This includes 106,482 sales for local manufacturers (+1.3%) and 23,350 for foreigners (-2.1%). The year-to-date tally is now up 7.9% to 1,156,741 including 981,549…
Kia Sportage sales double year-on-year in July. South Korean new light vehicle sales disappoint in July with a -5.3% year-on-year drop to 135,956 units. This includes 114,818 sales by local manufacturers (-6%) and 21,138 by foreigners (-1.3%). The reason behind this fall is the end of the individual consumption tax…