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Korea - New car sales in 2026 by OEM

*The numbers shown are the units at the time of the announcement, and may differ if revisions are later made to past data.


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Flash report, Automotive sales volume, 2026

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, January 2026

Feb 2, 2026

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

New vehicle sales by 5 major OEMs in South Korea increase 9.8% in January, Renault and GM continue to see significant declines
Five Korean automakers announced domestic new vehicle sales in January. New vehicle sales in South Korea increased by 9.8% compared to the same month in the previous year to 99,505 units. The increase was also due to the fact that the 2026 Lunar New Year holiday will begin in February, resulting in more business days than 2025.
By company, Hyundai Motor led with 50,208 units sold (50.5% market share), up 9.0% year-over-year (y/y). Kia followed with a 12.2% increase to 43,107 units (43.3% share). KGM placed third with sales up 38.5% to 3,186 units (3.2% share), Renault Korea declined 13.9% to 2,239 units (2.3% share), and GM Korea decreased 37.8% to 765 units (0.8% share). While Renault Korea and GM Korea saw a significant decrease compared to the same month last year, KGM saw a significant increase thanks to strong sales of the internal combustion engine (ICE) version of the all-new Musso pickup truck, which was released in January.
Overseas sales, including exports, down 2.8% at Hyundai, up 0.4% at Kia, up 44.6% at GM Korea, down 2.1% at KGM and up 22.8% at Renault Korea. Combined overseas sales increased 1.4% y/y to 510,737 units.
Global sales of the five automakers in January were mixed: Hyundai decreased 1.0% y/y to 307,699 units, Kia increased 2.3% to 245,272 units, GM Korea increased 41.4% to 44,703 units, KGM increased 9.5% to 8,836 units and Renault Korea decreased 2.2% to 3,732 units. Combined, the five companies recorded global sales of 610,242 units, a 2.7% year-over-year increase.
In terms of sales by model in January, Kia’s mid-size SUV Sorento was ranked first with 8,838 units sold, followed by Kia’s compact SUV Sportage in second place with 6,015 units sold and Kia’s MPV Carnival in third with 5,278 units.

South Korea - Sales of domestic make
Make Domestic Sales Overseas Sales Global Sales Total
2026 2025 Y-o-Y Jan.
2026
Jan.
2025
Y-o-Y Jan.
2026
Jan.
2025
Y-o-Y
Jan. Share *1 Jan. Share *1
Hyundai 50,208 50.5% 46,054 50.8% 9.0% 257,491 264,908 -2.8% 307,699 310,962 -1.0%
Kia 43,107 43.3% 38,403 42.4% 12.2% 202,165 201,300 0.4% 245,272 239,703 2.3%
KGM 3,186 3.2% 2,300 2.5% 38.5% 5,650 5,770 -2.1% 8,836 8,070 9.5%
Renault Korea *3 2,239 2.3% 2,601 2.9% -13.9% 1,493 1,216 22.8% 3,732 3,817 -2.2%
GM Korea *2 765 0.8% 1,229 1.4% -37.8% 43,938 30,389 44.6% 44,703 31,618 41.4%
Total 99,505 100.0% 90,587 100.0% 9.8% 510,737 503,583 1.4% 610,242 594,170 2.7%
Source: Releases by each companies
*1: Share is based on MarkLines' own calculation. (calculated from total sales of five Korean makers)
*2: Exclude sales volume of Cadillac
*3: Includes Nissan Rogue

Registrations of new imported passenger cars
Maker/Brand 2026 2025 Y-o-Y
Jan. Share Jan. Share
BMW 6,270 29.9% 5,960 39.1% 5.2%
Mercedes-Benz 5,121 24.4% 3,790 24.9% 35.1%
Tesla 1,966 9.4% 5 0.0% 39,220.0%
Lexus 1,464 7.0% 1,126 7.4% 30.0%
BYD 1,347 6.4% - -% -%
Volvo 1,037 4.9% 1,033 6.8% 0.4%
Audi 847 4.0% 320 2.1% 164.7%
Porsche 702 3.3% 644 4.2% 9.0%
Toyota 622 3.0% 430 2.8% 44.7%
MINI 567 2.7% 234 1.5% 142.3%
Land Rover 224 1.1% 325 2.1% -31.1%
Volkswagen 217 1.0% 129 0.8% 68.2%
Chrysler/Jeep 117 0.6% 120 0.8% -2.5%
Honda 104 0.5% 177 1.2% -41.2%
Ford/Lincoln 87 0.4% 500 3.3% -82.6%
GM/GMC 62 0.3% 14 0.1% 342.9%
Cadillac 50 0.2% 26 0.2% 92.3%
Peugeot 33 0.2% 38 0.2% -13.2%
Bentley 28 0.1% 10 0.1% 180.0%
Polestar 27 0.1% 103 0.7% -73.8%
Ferrari 27 0.1% 32 0.2% -15.6%
Lamborghini 21 0.1% 58 0.4% -63.8%
Rolls-Royce 11 0.1% 7 0.0% 57.1%
Chevrolet 9 0.0% 134 0.9% -93.3%
Maserati 0 0.0% 14 0.1% -%
Total 20,960 100.0% 15,229 100.0% 37.6%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


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