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…
Volvo import sales are up 47.6% in March. Sales of new imported cars in China are stable in March at -0.8% to 63,224 units, however March 2022 was off -28% on the year prior so this is still a poor result. The Q1 2023 volume now down -10.7% to 173,853. Mercedes (+7.3%) posts…
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…
Imported sales place Mercedes in the #1 spot in February. For once the import market in China bounces back up 30.6% year-on-year to 55,431 sales. After a devastated month of January (-37.6%), this leads to a year-to-date volume off -15.5% to 110,629. Mercedes (+55%) surges ahead to stay in first place…
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…
Land Rover Defender sales are up 35.3% in January. Sales of new imported cars in China skid -37.6% year-on-year in January to just 55,198 units. Like it did a year ago in January 2022, Mercedes (-32.9%) easily takes the lead of the brands charts with over 13,500 sales, with BMW…
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%…
Land Rover Defender sales are up 66% year-on-year in China. Sales of imports in China edge down -0.6% year-on-year in October to 57,164 units, however keep in mind October 2021 was down a harsh -32.5% on the year prior. The year-to-date tally is now down a dramatic -19.8% or almost 160,000 units…
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…
The Mercedes S-Class is the 4th best-selling import in China in September. Sales of new imported cars in China drop another -12.3% year-on-year in September to just 67,840 units even though September 2021 was already down -20.5% on the year prior. We are following a long term trend in which…
Porsche Cayenne sales are up 56.6% year-on-year in August. Imported new cars into China drop -6% year-on-year in August to 73,720, leading to a year-to-date volume off -22.4% to 511,098. This follows a long-term trend with imports reducing as more and more models shift to local manufacture instead. Lexus (-7.6%) falls…
The Porsche Cayenne is up 68.3% year-on-year in China. 76,279 new imports found a buyer in China in July, that's a -12.9% year-on-year fall bringing the year-to-date tally off -24.1% to 440,583 units. Lexus (-15.6%) easily retains the brands top spot with over 19,000 sales, followed by Mercedes (-10.4%). Porsche…
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 Porsche Panamera sees its sales soar 88.7% year-on-year in June. Just as exports keep expanding, Chinese imports keep imploding at -18.9% year-on-year in June to 70,866 units, leading to a year-to-date volume off -25.5% or over 125,000 units to just 367,304 sales. Lexus (-22.6%) falls faster than the market…
Bentley sales are up 47.6% in a market down -28% Whereas Chinese exports surge 28.8% this month, imports have stalled at -28% year-on-year to just 63,762 units. The Q1 2022 tally stands at 194,620 units, down -19.1% over the same period a year ago. The brands ranking is very stable as…