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South Korea November 2024: Renault Grand Koleos breaks into Top 5

The Grand Koleos accounts for 90% of Renault Korea sales in November.

November new light vehicle sales disappoint in South Korea at -8.1% to 147,577. This includes 123,793 domestic manufacturers (-6.4%) and 23,784 foreigners (-16%). Year-to-date volumes are down an equally unimpressive -6.7% to 1,489,973 including 1,250,209 locals (-6.5%) and 239,764 foreigners (-7.5%). Hyundai (-14.6%) holds the brands top spot for the 4th straight month, widening the gap with sister brand Kia (-4.2%) to almost 21,000 units year-to-date. Genesis (+0.6%) is stable at #3, selling over 10,000 units for the 13th consecutive month. Meanwhile Renault Korea surges 289.4% to #4 thanks to a single model. BMW (-5.2%), Mercedes (-28%) and Tesla (+1.5%) follow and top the foreigners charts. Further down, Lamborghini (+84.8%), Land Rover (+38.7%), Rolls Royce (+36.4%) and Lexus (+15.8%) impress.

Looking at domestic models, the Kia Sorento (+11.4%) signs its 8th win of the year and cements its year-to-date domination. The nameplate is above the 10,000 unit mark for the first time since September 2023 and reaches its highest volume in over 4 years: since the 11,596 units it sold in June 2020. The Hyundai Santa Fe (-13.7%) climbs up to 2nd place despite a harsh year-on-year loss, it distances the Kia Carnival (+28.3%) rallying back up five spots on last month to #3. The Hyundai Sonata (+36%) for its part is back up 7 ranks to #4. The event of the month is in 5th place: the Renault Korea Grand Koleos confirms it is an instant blockbuster with over 6,500 sales and is the first Renault model to rank inside the Korean Top 5 since the QM6 did so in December 2019.

As for foreign models, the Tesla Model Y (-13.9%) reclaims the top spot for the first time since last June but is stuck in third place year-to-date. The BMW 5 Series (+8.3%) stays in second place, overtaking last month’s leader the Mercedes E Class (-39%). Outstanding results for the Mercedes G Class (+305.5%), GLC (+70.2%) and BMW X5 (+41.6%).

Previous month: South Korea October 2024: Kia Seltos breaks record, Renault Grand Koleos inside Top 10

One year ago: South Korea November 2023: Kia Sorento threepeats at #1, Tesla Model Y #1 foreigner

Full November 2024 Top 30 All brands, Top 55 All domestic models and Top 50 foreign models below.

South Korea November 2024 – brands:

PosBrandNov-24%/23Oct2024%/23PosFY23
1Hyundai52,21935.4%– 14.6%1522,62335.1%– 10.6%11
2Kia48,19232.7%– 4.2%2501,98033.7%– 3.5%22
3Genesis10,9517.4%+ 0.6%3123,9718.3%+ 7.0%33
4Renault Korea7,3014.9%+ 289.4%532,7382.2%+ 60.1%78
5BMW6,6654.5%– 5.2%667,2504.5%– 3.3%44
6Mercedes5,0863.4%– 29.0%459,5614.0%– 12.6%55
7Tesla3,6182.5%+ 1.5%1028,4981.9%+ 84.6%811
8KG Mobility (ex Ssangyong)3,3092.2%– 34.5%744,5063.0%– 25.6%66
9GM Korea1,8211.2%– 39.6%823,0231.5%– 37.0%97
10Lexus1,3700.9%+ 15.8%912,8490.9%+ 5.4%1112
11Volvo1,3190.9%– 19.6%1113,6030.9%– 11.7%1010
12Volkswagen1,0770.7%+ 11.5%147,7340.5%– 12.0%1414
13Audi9140.6%– 34.3%128,3860.6%– 49.6%139
14Toyota8010.5%– 4.1%138,6140.6%+ 13.3%1216
15Porsche7720.5%+ 2.7%157,5160.5%– 28.0%1513
16Mini6160.4%– 38.2%166,8880.5%– 21.1%1615
17Land Rover4160.3%+ 38.7%173,9580.3%– 15.5%1718
18Ford3680.2%– 2.9%193,4840.2%+ 10.9%1820
19Jeep1680.1%– 60.0%182,3850.2%– 41.1%1919
20Chevrolet1130.1%– 80.4%211,3820.1%– 74.7%2217
21Lincoln1050.1%– 40.3%202,0800.1%+ 82.0%2122
22Peugeot650.0%– 76.4%278520.1%– 51.7%2321
23Lamborghini610.0%+ 84.8%244330.0%+ 12.8%2629
24Honda540.0%– 71.1%222,1450.1%+ 73.8%2024
25Polestar500.0%– 70.1%284800.0%– 69.2%2523
26Cadillac490.0%– 57.4%236270.0%– 27.0%2425
27Bentley470.0%– 27.7%253400.0%– 54.5%2726
28GMC240.0%– 33.3%263040.0%– 31.8%2827
29Rolls-Royce150.0%+ 36.4%301650.0%– 35.3%3030
30Maserati110.0%– 52.2%292300.0%– 40.6%2928
 –Total local manufacturers123,79383.9%– 6.4% –1,250,20983.9%– 6.5% – –
 –Total foreign manufacturers23,78416.1%– 16.0% –239,76416.1%– 7.5% – –
 –Total market147,577100.0%– 8.1% –1,489,973100.0%– 6.7% – –

South Korea November 2024 – domestic models:

PosModelNov-24/23Oct2024/23PosFY23
1Kia Sorento10,434+ 11.4%185,710+ 10.2%13
2Hyundai Santa Fe7,576– 13.7%370,912+ 62.4%38
3Kia Carnival7,516+ 28.3%875,513+ 17.0%24
4Hyundai Sonata6,658+ 36.0%1150,668+ 47.0%817
5Renault Korea Grand Koleos6,582new1015,912new23 –
6Hyundai Tucson5,583+ 74.2%548,652+ 21.2%1012
7Hyundai Avante5,452– 6.5%650,428– 16.3%96
8Hyundai Grandeur5,047– 36.8%264,444– 38.4%51
9Kia Seltos4,887+ 9.9%456,385+ 19.8%710
10Kia Ray4,753+ 3.6%1744,772– 4.1%119
11Hyundai Porter4,682– 49.4%763,199– 31.0%62
12Kia K84,336+ 54.9%1230,380– 21.3%1915
13Kia Sportage4,233– 29.2%965,827+ 2.8%45
14Hyundai Staria4,094+ 22.5%1537,769+ 4.2%1516
15Hyundai Casper3,745– 34.3%1640,151– 3.1%1311
16Genesis G803,487+ 15.3%1342,318+ 2.9%1213
17Genesis GV803,362– 13.2%2236,810+ 50.7%1622
18Genesis GV703,155+ 8.4%1431,871+ 0.1%1721
19Kia Bongo3,083– 47.3%1838,041– 35.6%147
20Kia K52,645– 30.1%1931,732+ 2.3%1820
21Kia EV32,284new2112,390new28 –
22Hyundai Palisade2,282– 27.7%2318,825– 51.8%2114
23Hyundai Kona2,034– 36.6%2025,853– 20.7%2019
24Kia Morning1,467– 30.5%2613,227– 45.1%2623
25Chevrolet Trax Crossover1,398– 39.4%2417,328– 21.3%2224
26Hyundai Ioniq 51,252– 27.3%2813,602– 14.0%2527
27Kia Niro1,163– 30.0%2913,792– 37.7%2425
28KGM Rexton Sports926– 6.8%2711,923– 16.9%2928
29Kia EV6770– 29.7%348,899– 46.2%3126
30Hyundai Ioniq 6734+ 18.8%304,776– 47.5%3732
31KGM Actyon693new254,641new38 –
32Genesis G90683– 5.0%357,326– 35.3%3430
33KGM Torres644– 58.3%3112,717– 62.1%2718
34KGM Tivoli530– 7.8%326,355+ 2.2%3537
35Hyundai Venue395– 49.1%364,230– 45.5%3934
36Renault Korea QM6350– 66.2%337,349– 27.3%3331
37KGM Torres EVX332– 80.1%376,013+ 250.6%3645
38Renault Korea Arkana309– 55.5%388,487+ 3.4%3233
39Chevrolet Trailblazer302– 28.9%393,948– 44.5%4036
40Genesis G70206– 22.8%422,193– 45.8%4340
41Hyundai ST1173new46939new48 –
42Kia EV9144– 61.6%411,903– 64.5%4535
43KGM Rexton112– 34.1%431,814– 31.4%4643
44Hyundai Nexo111– 52.2%402,703– 36.4%4139
45Kia K999– 58.1%441,969– 46.4%4441
46Kia Mohave78– 75.1%452,294– 51.9%4238
47KGM Korando69– 29.6%481,010– 25.3%4748
48Genesis GV6058– 39.6%50546– 82.7%5142
49Chevrolet Traverse45– 44.4%47923– 17.2%4950
50Renault Korea SM639– 73.5%49674– 67.4%5044
51Chevrolet Colorado28– 71.4%52346– 78.7%5246
52GMC Sierra25+ 13.6%53300– 29.1%5453
53Chevrolet Tahoe23+ 64.3%54125– 47.0%5554
54Renault Korea Master21n/a51316+ 364.7%5357
55KGM Korando EV3new5533new56 –

South Korea November 2024 – foreign models:

PosModelNov-24/23Oct2024/23PosFY23
1Tesla Model Y3,048– 13.9%317,671+ 35.0%33
2BMW 5 Series1,957+ 8.3%218,815+ 1.5%22
3Mercedes E Class1,886– 39.0%122,030– 0.8%11
4Mercedes GLC846+ 70.2%47,657+ 28.4%58
5BMW X5657+ 41.6%95,594+ 20.5%712
6Lexus ES609+ 8.4%56,469– 9.9%66
7BMW 7 Series541– 0.7%313,769+ 21.2%1521
8Mercedes G Class519+ 305.5%192,069+ 4.7%2934
9BMW X7511– 12.9%133,908+ 3.5%1418
10Tesla Model 3481n/a2010,319+ 1769.4%4n/a
11Mercedes S Class468– 41.4%65,044– 48.3%94
12BMW X4452+ 95.7%163,725– 21.6%1613
13Lexus NX393+ 9.8%103,547+ 21.0%1822
14Volvo XC60383– 46.1%75,386+ 3.0%810
15Mini Cooper Hatch382+ 8.2%112,890– 27.2%2220
16BMW 3 Series354+ 79.7%84,747– 19.8%119
17VW ID.4341+ 133.6%n/a2,460+ 170.3%26n/a
18BMW X6312+ 9.9%153,139– 3.5%2019
19Volvo XC40306+ 30.2%302,400+ 37.9%2736
20VW Jetta292+ 167.9%211,931+ 113.6%30n/a
21Volvo S90290+ 75.8%471,916– 31.4%3124
22Porsche Panamera286+ 228.7%491,395– 20.1%42n/a
23Audi Q5266+ 66.3%25748– 49.9%n/an/a
24Toyota RAV4246– 10.9%262,613– 2.8%2425
25Mini Countryman232– 31.0%352,559+ 3.2%2527
26VW Tiguan229– 39.6%271,721– 57.4%3317
27Porsche Cayenne226– 36.2%123,329– 25.1%1915
28Mercedes GLE217– 72.0%144,955– 18.9%107
29BMW 6 Series209– 51.8%224,277– 21.6%1311
30Ford Explorer209– 4.6%n/a1,484+ 5.7%41n/a
31Mercedes CLE198new322,658new23
32BMW iX3184– 26.1%411,666– 34.3%3528
33Audi Q4 e-Tron182+ 119.3%242,964+ 407.5%21n/a
34BMW X1182– 53.9%401,710+ 22.1%3438
35BMW 4 Series179+ 88.4%331,553+ 42.3%39n/a
36Porsche Taycan175+ 0.0%43915– 38.7%n/a40
37VW Golf160+ 33.3%361,083– 13.5%48n/a
38Lexus RX159– 2.5%n/a1,593+ 32.4%36n/a
39Range Rover154+ 58.8%441,526– 31.0%4030
40Mercedes GLS148+ 28.7%341,205– 20.4%4439
41BMW X3141– 57.9%234,618+ 3.3%1214
42Mercedes EQE134– 47.5%281,829– 31.1%3223
43Toyota Camry133+ 10.8%501,586– 9.6%38n/a
44Mercedes A Class130+ 465.2%392,156+ 259.9%28n/a
45BMW 1 Series125– 60.7%381,061– 33.1%49n/a
46Toyota Crown119– 10.5%n/a959+ 28.0%n/an/a
47Audi A6117– 78.5%n/a1,592– 78.3%375
48BMW 2 Series113+ 18.9%n/a686+ 132.5%n/an/a
49Mercedes C Class111– 37.6%293,604– 13.0%1716
50Toyota Sienna110+ 34.1%n/a924– 8.3%n/an/a

Source: KAIDA, Manufacturers

This Post Has One Comment
  1. That’s a truly spectacular resurgence of Renault (in) Korea. After years of slow selling ‘previous decade’ models, the JV with Geely bears fruit. Top 5 is no mean feat and 6.500 units in a single month a whole lotte cash and prestige. Bodes well for future Renault models.

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