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…
The Kia EV9 has landed in the South Korean charts. New light vehicle sales in South Korea advance 11.7% year-on-year in June to 160,695, lifted by foreign manufacturers (+17.9%) as local carmakers are up 10.6%. This month's result was boosted by consumers taking advantage of the last month of tax…
The Hyundai Grandeur is the best-selling model at home again. 151,728 new light vehicles hit South Korean roads in May, a 5.9% year-on-year improvement. This includes 130,389 local manufacturers (+8.8%) and 21,339 foreigners (-9.2%). Year-to-date, the market is up 11.3% to 730,258 including 626,310 locals (+14.3%) and 103,948 foreigners (-4%).…
The Hyundai Grandeur is the best-selling vehicle in South Korea in April. Sales of new light vehicles in South Korea climb 4.8% year-on-year in April to 149,497 as local manufacturers (+7.5%) fare much better than foreigners (-9.4%). The picture is similar year-to-date with a market up 12.8% to 578,530 including…
The Hyundai Grandeur is the best-selling vehicle in South Korea in March. The South Korean new light vehicle market soars 21.1% year-on-year in March to 164,766 units. This includes 140,926 local manufacturers (+26.8%) and 23,840 foreigners (-4.3%). That's a 85.5% market share for local brands. Keep in mind March 2022 was…
Hyundai Grandeur sales are up 118.6% thanks to a new generation. New vehicle sales in South Korea increase by a robust 19.7% year-on-year in February to 146,877 units, including 125,240 local models (+21.3%) and 21,637 foreigners (+11.2%). Year-to-date, the market is now up 12.9% to 264,267 sales, that includes 226,408…
The Hyundai Grandeur is #1 at home in January. The South Korean new light vehicle market lodges a 6th consecutive year-on-year gain in January at +5.5% to 117,390 sales. This includes 101,168 local models (+7.7%) and 16,222 foreigners (-6.6%). Hyundai (+23.1%) largely outraces its home market to land a strong…
The Kia Sorento is up to #2 at home in 2022. Discover over 30 years of South Korean Historical Data here. 1,671,911 new light vehicles hit South Korean roads in 2022, a -2.4% year-on-year decline. Local manufacturers drop -3.4% to 1,388,476 and 83% share vs. 83.9% a year ago while…
The Kia Carnival is the best-selling vehicle in South Korea in November. The South Korean new light vehicle market is up 7.5% year-on-year in November to 155,379 units, and this increase is entirely due to foreigners up a whopping 53.3% to 28,222 and 18.2% share. Locals edge up only 0.8%…
The Hyundai Ioniq 6 ranks #11 at home in October. The South Korean new light vehicle market registers a second consecutive month of double-digit gains in October at +16.1% to 145,389 sales. Keep in mind October 2021 was off -21.6% on the year prior. This includes 120,026 local vehicles (+12.8%) and…
Excellent start for the Hyundai Ioniq 6 at home. 137,584 new light vehicles hit South Korean roads in September, the first year-on-year increase in 7 months at +22.6%. This includes 113,656 domestic vehicles (+23.8%) and 23,928 foreigners (+17.3%). Year-to-date, sales remain down at -6.2% to 1,209,927 including 1,009,767 local cars…
The Torres is the best performing Ssangyong in 3.5 years. The South Korea new light vehicle market edges up 0.5% in August to 128,941. This is only due to strong imports up 7.8% to 23,850 while local manufacturers are down -1.1% to 105,091. The year-to-date total now stands at 1,072,393…
The Torres is already SSangyong's best-seller at home. New light vehicle sales in South Korea dip down -2.9% year-on-year in July to 143,557. This includes 122,134 local vehicles (-1.1%) and 21,423 foreigners (-12.2%). Year-to-date, the cume stands at 943,452 (-10.1%) including 791,020 locals (-9.9%) and 152,432 foreigners (-11.5%). Kia (+6.6%)…
The Ssangyong Torres has landed in the South Korean charts. 12/07 update: Now with Top 50 foreign models. New car sales in South Korea drop -10.6% year-on-year in June to 143,848 units, including 121,153 local vehicles (-10.1%) and 22,695 foreigners (-13.3%). The year-to-date tally is now off -11.3% to 799,895…
The Hyundai Casper is up to a record #8 at home in May. The South Korean new car market edges down -3.3% year-on-year in May to 143,319 units, including 119,807 local vehicles (-3.5%) and 23,512 foreigners (-2.4%). Year-to-date, volumes are now down -11.5% to 656,047 including 547,733 (-11.6%) for locals…