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.…
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 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…