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…
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 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 Porsche Cayenne is the #2 import in China in November. Sales of imported cars in China skid -12.5% year-on-year in November to 55,780 units, a poor result given November 2021 was already down -35.3% on the year prior. The year-to-date tally now stands at 691,883 sales, down -19.3% or over…
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 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…
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%)…