Korea - Automotive Sales volume, 2022



Flash report, Automotive sales volume, 2022

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

Flash report, Nov 2022

Dec 1, 2022

*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 3.3% in November
Five Korean automakers announced domestic new vehicle sales in November. New vehicle sales in South Korea increased by 3.3% compared to the same month in the previous year to 127,157 units.
By company, Hyundai Motor was the leader with sales of 60,926 units (47.9% market share), a decrease of 1.8% year-over-year (y/y), followed by Kia Motors with a 13.4% increase to 52,200 units (41.1% share). Ssangyong Motor came in third place with a 2.3% increase to 6,421 units (5.0% share). Renault Korea Motors sales decreased by 9.4% to 5,553 units (4.4% share), and fifth GM Korea experienced a decrease in sales of 21.4% to 2,057 units (1.6% share).
Overseas sales, including exports, increased for all five Korean OEMs in November. Sales increased 13.8% at Hyundai, 15.4% at Kia, 115.4% at GM Korea, 0.3% at Renault Korea and 92.0% at Ssangyong.
Global sales for the five automakers in November were increased with Hyundai's sales up 10.7% y/y to 351,179 units, Kia's sales increased 15.0% to 252,825 units, GM Korea’s sales jumped by 86.2% to 22,860 units and Ssangyong’s increasd 27.8% to 11,222 units. Renault Korea’s sales decreased 3.0% to 17,333 units. The overall global sales total of the five companies were 655,419 units, an increase of 13.8%.
For the period January through November 2022, Hyundai global sales volume increased by 1.2% y/y to 3,600,138 units, Kia increased by 3.7% to 2,663,734 units, GM Korea increased by 7.9% to 241,123 units, Renault Korea increased 33.2% to 159,964 units and Ssangyong increased 38.5% to 104,866 units.
In terms of sales by model in November, Kia’s MPV Carnical was ranked first with 7,565 units sold, followed by Hyundai’s light-duty truck Porter in second place with 7,020 units sold and Kia’s mid-size SUV Sorento was third in sales with 6,656 units.


South Korea - Sales of domestic make (Nov. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Nov.
2022
Nov.
2021
Y-o-Y Nov.
2022
Nov.
2021
Y-o-Y
Nov. Share *1 Nov. Share *1
Hyundai 60,926 47.9% 62,071 50.4% -1.8% 290,253 255,110 13.8% 351,179 317,181 10.7%
Kia 52,200 41.1% 46,042 37.4% 13.4% 200,625 173,803 15.4% 252,825 219,845 15.0%
Ssangyong 6,421 5.0% 6,277 5.1% 2.3% 4,801 2,501 92.0% 11,222 8,778 27.8%
Renault Korea *3 5,553 4.4% 6,129 5.0% -9.4% 11,780 11,743 0.3% 17,333 17,872 -3.0%
GM Korea *2 2,057 1.6% 2,617 2.1% -21.4% 20,803 9,657 115.4% 22,860 12,274 86.2%
Total 127,157 100.0% 123,136 100.0% 3.3% 528,262 452,814 16.7% 655,419 575,950 13.8%
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 2022 2021 Y-o-Y
Nov. Share Nov. Share
Mercedes-Benz 7,734 27.4% 3,545 18.8% 118.2%
BMW 7,209 25.5% 4,171 22.2% 72.8%
Volvo 2,615 9.3% 1,317 7.0% 98.6%
Volkswagen 1,943 6.9% 910 4.8% 113.5%
Audi 1,667 5.9% 2,682 14.3% -37.8%
MINI 1,227 4.3% 738 3.9% 66.3%
Chevrolet 1,056 3.7% 431 2.3% 145.0%
Porsche 963 3.4% 444 2.4% 116.9%
Lexus 831 2.9% 866 4.6% -4.0%
Ford/Lincoln 775 2.7% 1,137 6.0% -31.8%
Chrysler/Jeep 599 2.1% 650 3.5% -7.8%
Toyota 467 1.7% 600 3.2% -22.2%
Land Rover 401 1.4% 351 1.9% 14.2%
Polestar 179 0.6% - -% -%
Honda 149 0.5% 484 2.6% -69.2%
Peugeot 138 0.5% 188 1.0% -26.6%
Cadillac 100 0.4% 44 0.2% 127.3%
Bentley 55 0.2% 94 0.5% -41.5%
Lamborghini 45 0.2% 6 0.0% 650.0%
Maserati 31 0.1% 76 0.4% -59.2%
Rolls-Royce 22 0.1% 18 0.1% 22.2%
DS 10 0.0% - -% -%
Jaguar 6 0.0% 15 0.1% -60.0%
Citroen - -% 43 0.2% -%
Total 28,222 100.0% 18,810 100.0% 50.0%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


More detailed statistics for Korea

PAGETOP

Flash report, Oct 2022

Nov 1, 2022

*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 12.8% in October
Five Korean automakers announced domestic new vehicle sales in October. New vehicle sales in South Korea increased by 12.8% compared to the same month in the previous year to 120,026 units.
By company, Hyundai Motor was the leader with sales of 60,736 units (50.6% market share), an increase of 5.1% year-over-year (y/y), followed by Kia Motors with a 13.7% increase to 43,032 units (35.9% share). Ssangyong Motor came in third place with a 139.4% increase to 7,850 units (6.5% share). Renault Korea Motors sales decreased by 13.3% to 4,338 units (3.6% share), and fifth GM Korea experienced an increase in sales of 63.3% to 4,070 units (3.4% share).
Overseas sales, including exports, increased for all five Korean OEMs in October. Sales increased 13.9% at Hyundai, 7.5% at Kia, 419.0% at GM Korea, 125.2% at Renault Korea and 255.7% at Ssangyong.
Global sales for the five automakers in October were increased as well, with Hyundai's global sales up 12.2% y/y to 347,324 units, Kia's sales increased 8.6% to 238,660 units and GM Korea’s sales jumped by 290.0% to 26,811 units. Renault Korea’s sales increased 65.6% to 19,258 units and Ssangyong’s sales soared 175.9% to 13,186 units. The overall global sales total of the five companies were 645,239 units, an increase of 16.8%.
For the period January through October 2022, Hyundai global sales volume increased by 0.4% y/y to 3,251,373 units, Kia increased by 2.6% to 2,410,246 units, GM Korea increased by 3.3% to 218,263 units, Renault Korea increased 39.6% to 142,631 units and Ssangyong increased 39.9% to 93,644 units.
In terms of sales by model in October, Hyundai’s light-duty truck Porter was ranked first with 9,020 units sold, followed by Kia’s light-duty truck Bongo in second place with 5,872 units sold and Hyundai’s compact sedan Avante was third in sales with 5,615 units.


South Korea - Sales of domestic make (Oct. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Oct.
2022
Oct.
2021
Y-o-Y Oct.
2022
Oct.
2021
Y-o-Y
Oct. Share *1 Oct. Share *1
Hyundai 60,736 50.6% 57,813 54.3% 5.1% 286,588 251,668 13.9% 347,324 309,481 12.2%
Kia 43,032 35.9% 37,837 35.6% 13.7% 195,628 181,999 7.5% 238,660 219,836 8.6%
Ssangyong 7,850 6.5% 3,279 3.1% 139.4% 5,336 1,500 255.7% 13,186 4,779 175.9%
Renault Korea *3 4,338 3.6% 5,002 4.7% -13.3% 14,920 6,625 125.2% 19,258 11,627 65.6%
GM Korea *2 4,070 3.4% 2,493 2.3% 63.3% 22,741 4,382 419.0% 26,811 6,875 290.0%
Total 120,026 100.0% 106,424 100.0% 12.8% 525,213 446,174 17.7% 645,239 552,598 16.8%
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 2022 2021 Y-o-Y
Oct. Share Oct. Share
Mercedes-Benz 7,717 30.4% 3,623 19.3% 113.0%
BMW 6,754 26.6% 4,824 25.7% 40.0%
Audi 2,637 10.4% 2,639 14.1% -0.1%
Chevrolet 1,586 6.3% 572 3.0% 177.3%
Volkswagen 1,114 4.4% 719 3.8% 54.9%
Lexus 781 3.1% 656 3.5% 19.1%
Chrysler/Jeep 767 3.0% 750 4.0% 2.3%
Porsche 737 2.9% 512 2.7% 43.9%
MINI 613 2.4% 701 3.7% -12.6%
Volvo 566 2.2% 1,125 6.0% -49.7%
Toyota 482 1.9% 521 2.8% -7.5%
Land Rover 329 1.3% 327 1.7% 0.6%
Peugeot 306 1.2% 250 1.3% 22.4%
Honda 273 1.1% 526 2.8% -48.1%
Polestar 249 1.0% - -% -%
Ford/Lincoln 211 0.8% 697 3.7% -69.7%
Bentley 75 0.3% 17 0.1% 341.2%
Cadillac 74 0.3% 92 0.5% -19.6%
Lamborghini 53 0.2% 33 0.2% 60.6%
Maserati 20 0.1% 57 0.3% -64.9%
Rolls-Royce 10 0.0% 12 0.1% -16.7%
DS 6 0.0% - -% -%
Jaguar 3 0.0% 7 0.0% -57.1%
Citroen - -% 104 0.6% -%
Total 25,363 100.0% 18,764 100.0% 35.2%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


More detailed statistics for Korea

PAGETOP

Flash report, Sep 2022

Oct 4, 2022

*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 23.8% in September
Five Korean automakers announced domestic new vehicle sales in September. New vehicle sales in South Korea increased by 23.8% compared to the same month in the previous year to 113,656 units. In September 2021, vehicle sales were declined due to semiconductor shortage.
By company, Hyundai Motor was the leader with sales of 56,910 units (50.1% market share), an increase of 29.8% year-over-year (y/y), followed by Kia Motors with a 11.8% increase to 40,009 units (35.2% share). Ssangyong Motor came in third place with a 98.9% increase to 7,675 units (6.8% share). Renault Korea Motors sales increased by 14.7% to 5,050 units (4.4% share), and fifth GM Korea experienced an increase in sales of 3.6% to 4,012 units (3.5% share).
Overseas sales, including exports, increased for all five Korean OEMs in September. Sales increased 24.3% at Hyundai, 10.9% at Kia, 106.6% at GM Korea, 34.1% at Renault Korea and 74.4% at Ssangyong.
Global sales for the five automakers in September were increased as well, with Hyundai's global sales up 24.4% y/y to 355,040 units, Kia's sales increased 11.0% to 249,146 units, GM Korea’s sales increased by 77.6% to 24,422 units. Renault Korea’s sales increased 28.3% to 18,922 units and Ssangyong’s sales surged 90.3% to 11,322 units. The overall global sales total of the five companies were 658,852 units, an increase of 21.1%.
For the period January through September 2022, Hyundai global sales volume decreased by 1.0% y/y to 2,901,535 units, Kia increased by 2.0% to 2,171,274 units, GM Korea decreased by 6.3% to 191,452 units, Renault Korea increased 36.2% to 123,373 units and Ssangyong increased 29.4% to 80,458 units.
In terms of sales by model in September, Hyundai’s light-duty truck Porter was ranked first with 8,503 units sold, followed by Kia’s midsize crossover SUV Sorento in second place with 5,335 units sold and Kia’s light-duty truck Bongo was third in sales with 5,303 units.

South Korea - Sales of domestic make (Sep. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Sep.
2022
Sep.
2021
Y-o-Y Sep.
2022
Sep.
2021
Y-o-Y
Sep. Share *1 Sep. Share *1
Hyundai 56,910 50.1% 43,857 47.8% 29.8% 298,130 241,581 23.4% 355,040 285,438 24.4%
Kia 40,009 35.2% 35,801 39.0% 11.8% 209,137 188,556 10.9% 249,146 224,357 11.0%
Ssangyong 7,675 6.8% 3,859 4.2% 98.9% 3,647 2,091 74.4% 11,322 5,950 90.3%
Renault Korea *3 5,050 4.4% 4,401 4.8% 14.7% 13,872 10,346 34.1% 18,922 14,747 28.3%
GM Korea *2 4,012 3.5% 3,872 4.2% 3.6% 20,410 9,878 106.6% 24,422 13,750 77.6%
Total 113,656 100.0% 91,790 100.0% 23.8% 545,196 452,452 20.5% 658,852 544,242 21.1%
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 2022 2021 Y-o-Y
Sep. Share Sep. Share
BMW 7,405 30.9% 4,944 24.2% 49.8%
Mercedes-Benz 5,481 22.9% 6,245 30.6% -12.2%
Audi 1,812 7.6% 1,150 5.6% 57.6%
Volkswagen 1,470 6.1% 817 4.0% 79.9%
Chevrolet 1,162 4.9% 1,022 5.0% 13.7%
Chrysler/Jeep 1,025 4.3% 592 2.9% 73.1%
Volvo 881 3.7% 1,259 6.2% -30.0%
Lexus 860 3.6% 644 3.2% 33.5%
MINI 745 3.1% 961 4.7% -22.5%
Ford/Lincoln 688 2.9% 460 2.3% 49.6%
Toyota 682 2.9% 436 2.1% 56.4%
Porsche 333 1.4% 490 2.4% -32.0%
Polestar 295 1.2% - -% -%
Land Rover 285 1.2% 286 1.4% -0.3%
Honda 263 1.1% 513 2.5% -48.7%
Peugeot 237 1.0% 217 1.1% 9.2%
Cadillac 118 0.5% 100 0.5% 18.0%
Bentley 87 0.4% 65 0.3% 33.8%
Lamborghini 35 0.1% 34 0.2% 2.9%
Maserati 30 0.1% 50 0.2% -40.0%
Rolls-Royce 15 0.1% 20 0.1% -25.0%
Jaguar 12 0.1% 16 0.1% -25.0%
DS 7 0.0% - -% -%
Citroen - -% 85 0.4% -%
Total 23,928 100.0% 20,406 100.0% 17.3%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


More detailed statistics for Korea

PAGETOP

Flash report, Aug 2022

Sep 1, 2022

*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 decrease 1.1% in August
Five Korean automakers announced domestic new vehicle sales in August. New vehicle sales in South Korea decreased by 1.1% compared to the same month in the previous year to 105,091 units.
By company, Hyundai Motor was the leader with sales of 49,224 units (46.8% market share), a decrease of 3.5% year-over-year (y/y), followed by Kia Motors with a 1.0% increase to 41,404 units (39.4% share). Ssangyong Motor came in third place with a 42.4% increase to 6,923 units (6.6% share). Renault Korea Motors sales decreased by 14.2% to 3,950 units (3.8% share), and fifth GM Korea experienced a decrease in sales of 24.3% to 3,590 units (3.4% share).
Overseas sales, including exports, increased for all five Korean OEMs in August: sales increased 14.7% at Hyundai, 12.6% at Kia, 23.1% at GM Korea, 80.9% at Renault Korea and 30.5% at Ssangyong.
Global sales for the five automakers in August were increased as well, with Hyundai's global sales up 11.6% y/y to 334,794 units, Kia's sales increased 10.4% to 239,887 units, GM Korea’s sales increased by 9.6% to 18,208 units. Renault Korea’s sales increased 31.4% to 11,622 units and Ssangyong’s sales surged 38.0% to 10,675 units. The overall global sales total of the five companies were 615,186 units, an increase of 11.8%.
For the period January through August 2022, Hyundai global sales volume decreased by 3.8% y/y to 2,544,681 units, Kia increased by 0.8% to 1,919,106 units, GM Korea decreased by 12.4% to 167,030 units, Renault Korea increased 37.8% to 104,451 units and Ssangyong increased 23.0% to 69,136 units.
In terms of sales by model in August, Hyundai’s light-duty truck Porter was ranked first with 7,792 units sold, followed by Kia’s midsize crossover SUV Sorento in second place with 5,674 units sold and Kia’s light-duty truck Bongo was third in sales with 5,389 units.


South Korea - Sales of domestic make (Aug. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Aug.
2022
Aug.
2021
Y-o-Y Aug.
2022
Aug.
2021
Y-o-Y
Aug. Share *1 Aug. Share *1
Hyundai 49,224 46.8% 51,034 48.0% -3.5% 285,570 248,970 14.7% 334,794 300,004 11.6%
Kia 41,404 39.4% 41,003 38.6% 1.0% 198,483 176,223 12.6% 239,887 217,226 10.4%
Ssangyong 6,923 6.6% 4,861 4.6% 42.4% 3,752 2,874 30.5% 10,675 7,735 38.0%
Renault Korea *3 3,950 3.8% 4,604 4.3% -14.2% 7,672 4,242 80.9% 11,622 8,846 31.4%
GM Korea *2 3,590 3.4% 4,745 4.5% -24.3% 14,618 11,871 23.1% 18,208 16,616 9.6%
Total 105,091 100.0% 106,247 100.0% -1.1% 510,095 444,180 14.8% 615,186 550,427 11.8%
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 2022 2021 Y-o-Y
Aug. Share Aug. Share
BMW 7,303 30.6% 5,214 23.6% 40.1%
Mercedes-Benz 5,940 24.9% 6,734 30.4% -11.8%
Audi 2,310 9.7% 1,341 6.1% 72.3%
Chevrolet 1,067 4.5% 946 4.3% 12.8%
Volkswagen 1,043 4.4% 1,305 5.9% -20.1%
MINI 947 4.0% 969 4.4% -2.3%
Ford/Lincoln 825 3.5% 575 2.6% 43.5%
Toyota 713 3.0% 467 2.1% 52.7%
Porsche 677 2.8% 657 3.0% 3.0%
Polestar 553 2.3% - -% -%
Volvo 525 2.2% 1,152 5.2% -54.4%
Chrysler/Jeep 496 2.1% 428 1.9% 15.9%
Lexus 411 1.7% 933 4.2% -55.9%
Honda 327 1.4% 518 2.3% -36.9%
Land Rover 309 1.3% 284 1.3% 8.8%
Peugeot 91 0.4% 203 0.9% -55.2%
Bentley 91 0.4% 53 0.2% 71.7%
Cadillac 84 0.4% 132 0.6% -36.4%
Lamborghini 45 0.2% 36 0.2% 25.0%
Maserati 41 0.2% 80 0.4% -48.8%
Rolls-Royce 29 0.1% 17 0.1% 70.6%
Jaguar 19 0.1% 19 0.1% 0.0%
DS 4 0.0% - -% -%
Citroen - -% 53 0.2% -%
Total 23,850 100.0% 22,116 100.0% 7.8%
Source: Korea Automobile Importers & Distributors Association (KAIDA)

More detailed statistics for Korea

PAGETOP

Flash report, July 2022

Aug 1, 2022

*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 decrease 1.1% in July
Five Korean automakers announced domestic new vehicle sales in July. New vehicle sales in South Korea decreased by 1.1% compared to the same month in the previous year to 122,134 units.
By company, Hyundai Motor was the leader with sales of 56,305 units (46.1% market share), a decrease of 5.9% year-over-year (y/y), followed by Kia Motors with a 6.6% increase to 51,355 units (42.0% share). Ssangyong Motor came in third place with a 7.9% increase to 6,100 units (5.0% share). Renault Korea Motors sales decreased by 14.1% to 4,257 units (3.5% share), and fifth GM Korea experienced a decrease in sales of 15.7% to 4,117 units (3.4% share).
Overseas sales, including exports, increased for all five Korean OEMs in July: sales increased 6.3% at Hyundai, 6.2% at Kia, 53.2% at GM Korea, 104.4% at Renault Korea and 85.9% at Ssangyong.
Global sales for the five automakers in July were increased as well, with Hyundai's global sales up 4.0% y/y to 325,999 units, Kia's sales increased 6.3% to 257,903 units, GM Korea’s sales jumped by 35.7% to 26,066 units. Renault Korea’s sales surged 51.1% to 16,673 units and Ssangyong’s sales increased 31.8% to 10,752 units. The overall global sales total of the five companies were 637,393 units, an increase of 7.2%.
For the period January through July 2022, Hyundai global sales volume decreased by 6.0% y/y to 2,205,040 units, Kia decreased by 0.6% to 1,677,391 units, GM Korea decreased by 14.5% to 148,822 units, Renault Korea increased 38.6% to 92,829 units and Ssangyong increased 20.6% to 58,461 units.  
In terms of sales by model in July, Hyundai’s light-duty truck Porter was ranked first with 8,986 units sold, followed by Kia’s midsize crossover SUV Sorento in second place with 6,940 units sold and Hyundai’s premium sedan Grandeur was third in sales with 6,777 units.


South Korea - Sales of domestic make (Jul. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Jul.
2022
Jul.
2021
Y-o-Y Jul.
2022
Jul.
2021
Y-o-Y
Jul. Share *1 Jul. Share *1
Hyundai 56,305 46.1% 59,856 48.5% -5.9% 269,694 253,604 6.3% 325,999 313,460 4.0%
Kia 51,355 42.0% 48,160 39.0% 6.6% 206,548 194,560 6.2% 257,903 242,720 6.3%
Ssangyong 6,100 5.0% 5,652 4.6% 7.9% 4,652 2,503 85.9% 10,752 8,155 31.8%
Renault Korea *3 4,257 3.5% 4,958 4.0% -14.1% 12,416 6,075 104.4% 16,673 11,033 51.1%
GM Korea *2 4,117 3.4% 4,886 4.0% -15.7% 21,949 14,329 53.2% 26,066 19,215 35.7%
Total 122,134 100.0% 123,512 100.0% -1.1% 515,259 471,071 9.4% 637,393 594,583 7.2%
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 2022 2021 Y-o-Y
Jul. Share Jul. Share
BMW 5,490 25.6% 6,022 24.7% -8.8%
Mercedes-Benz 5,456 25.5% 7,083 29.0% -23.0%
Audi 1,865 8.7% 2,632 10.8% -29.1%
Ford/Lincoln 1,075 5.0% 464 1.9% 131.7%
Volkswagen 1,041 4.9% 941 3.9% 10.6%
Volvo 1,018 4.8% 1,153 4.7% -11.7%
Chevrolet 1,004 4.7% 755 3.1% 33.0%
MINI 945 4.4% 870 3.6% 8.6%
Toyota 612 2.9% 691 2.8% -11.4%
Porsche 574 2.7% 699 2.9% -17.9%
Lexus 507 2.4% 1,027 4.2% -50.6%
Chrysler/Jeep 426 2.0% 1,003 4.1% -57.5%
Polestar 411 1.9% - -% -%
Honda 348 1.6% 327 1.3% 6.4%
Land Rover 206 1.0% 239 1.0% -13.8%
Peugeot 120 0.6% 171 0.7% -29.8%
Cadillac 111 0.5% 78 0.3% 42.3%
Bentley 95 0.4% 47 0.2% 102.1%
Maserati 40 0.2% 62 0.3% -35.5%
Lamborghini 30 0.1% 34 0.1% -11.8%
Rolls-Royce 24 0.1% 20 0.1% 20.0%
Jaguar 13 0.1% 14 0.1% -7.1%
DS 12 0.1% - -% -%
Citroen - -% 57 0.2% -%
Total 21,423 100.0% 24,389 100.0% -12.2%
Source: Korea Automobile Importers & Distributors Association (KAIDA)

More detailed statistics for Korea

PAGETOP

Flash report, June 2022

Jul 1, 2022

*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 decrease 10.1% in June
Five Korean automakers announced domestic new vehicle sales in June. New vehicle sales in South Korea decreased by 10.1% compared to the same month in the previous year to 121,153 units.
By company, Hyundai Motor was the leader with sales of 59,510 units (49.1% market share), a decrease of 13.0% year-over-year (y/y), followed by Kia Motors with a 8.5% decrease to 45,110 units (37.2% share). Renault Korea Motors came in third place with a 34.0% increase to 7,515 units (6.2% share). Ssangyong Motor sales decreased by 19.9% to 4,585 units (3.8% share), and fifth GM Korea experienced a decrease in sales of 22.8% to 4,433 units (3.7% share).
Overseas sales, including exports, mixed for five Korean OEMs in June: sales increased 4.3% at Kia, 5.3% at GM Korea and 23.2% at Ssangyong. Sales decreased by 2.5% at Hyundai and 47.5% at Renault Korea. In total, overseas sales decreased by 0.1% to 524,699 units.
Global sales for the five automakers in June were mixed as well, with Hyundai's global sales down 4.5% y/y to 340,534 units, Kia's sales increased 1.8% to 258,610 units, GM Korea’s sales dropped by 0.7% to 26,688 units. Renault Korea’s sales decreased 15.2% to 12,011 units and Ssangyong’s sales decreased 5.8% to 8,009 units. The overall global sales total of the five companies were 645,852 units, a decrease of 2.2%.
For the period January through June 2022, Hyundai global sales volume decreased by 7.6% y/y to 1,877,193 units, Kia decreased by 1.8% to 1,418,617 units, GM Korea decreased by 20.7% to 122,756 units, Renault Korea increased 36.2% to 76,156 units and Ssangyong increased 18.3% to 47,709 units.  
In terms of sales by model in June, Hyundai’s compact sedan Avante was ranked first with 7,919 units sold, followed by Hyundai’s light-duty truck Porter in second place with 6,980 units sold and Hyundai’s mid-size crossover SUV Palisade was third in sales with 5,760 units.

South Korea - Sales of domestic make (Jun. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Jun.
2022
Jun.
2021
Y-o-Y Jun.
2022
Jun.
2021
Y-o-Y
Jun. Share *1 Jun. Share *1
Hyundai 59,510 49.1% 68,407 50.8% -13.0% 281,024 288,224 -2.5% 340,534 356,631 -4.5%
Kia 45,110 37.2% 49,280 36.6% -8.5% 213,500 204,782 4.3% 258,610 254,062 1.8%
Renault Korea *3 7,515 6.2% 5,610 4.2% 34.0% 4,496 8,556 -47.5% 12,011 14,166 -15.2%
Ssangyong 4,585 3.8% 5,724 4.2% -19.9% 3,424 2,780 23.2% 8,009 8,504 -5.8%
GM Korea *2 4,433 3.7% 5,740 4.3% -22.8% 22,255 21,136 5.3% 26,688 26,876 -0.7%
Total 121,153 100.0% 134,761 100.0% -10.1% 524,699 525,478 -0.1% 645,852 660,239 -2.2%
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 2022 2021 Y-o-Y
Jun. Share Jun. Share
BMW 6,449 28.4% 6,502 24.8% -0.8%
Mercedes-Benz 5,845 25.8% 6,828 26.1% -14.4%
Audi 1,903 8.4% 1,848 7.1% 3.0%
Volvo 1,306 5.8% 1,451 5.5% -10.0%
Volkswagen 1,099 4.8% 1,667 6.4% -34.1%
MINI 1,086 4.8% 1,197 4.6% -9.3%
Lexus 734 3.2% 1,055 4.0% -30.4%
Porsche 669 2.9% 967 3.7% -30.8%
Chrysler/Jeep 644 2.8% 1,134 4.3% -43.2%
Toyota 626 2.8% 710 2.7% -11.8%
Chevrolet 625 2.8% 789 3.0% -20.8%
Ford/Lincoln 591 2.6% 926 3.5% -36.2%
Honda 469 2.1% 305 1.2% 53.8%
Land Rover 182 0.8% 258 1.0% -29.5%
Peugeot 124 0.5% 228 0.9% -45.6%
Bentley 80 0.4% 61 0.2% 31.1%
Cadillac 70 0.3% 77 0.3% -9.1%
Maserati 60 0.3% 76 0.3% -21.1%
Polestar 57 0.3% - -% -%
Lamborghini 35 0.2% 30 0.1% 16.7%
Jaguar 20 0.1% 24 0.1% -16.7%
Rolls-Royce 18 0.1% 24 0.1% -25.0%
DS 3 0.0% - -% -%
Citroen - -% 34 0.1% -%
Total 22,695 100.0% 26,191 100.0% -13.3%
Source: Korea Automobile Importers & Distributors Association (KAIDA)

More detailed statistics for Korea

PAGETOP

Flash report, May 2022

Jun 2, 2022

*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 decrease 3.5% in May
Five Korean automakers announced domestic new vehicle sales in May. New vehicle sales in South Korea decreased by 3.5% compared to the same month in the previous year to 119,807 units.
By company, Hyundai Motor was the leader with sales of 63,373 units (52.9% market share), an increase of 2.1% year-over-year (y/y), followed by Kia Motors with a 4.7% decrease to 45,663 units (38.1% share). Ssangyong Motor came in third place with a 13.7% decrease to 4,275 units (3.6% share). Renault Korea Motors sales dropped by 19.6% to 3,728 units (3.1% share), and fifth GM Korea experienced a decrease in sales of 39.8% to 2,768 units (2.3% share).
Overseas sales, including exports, mixed for five Korean OEMs in May: sales increased 9.3% at GM Korea and 4.0% at Ssangyong. Sales decreased by 1.1% at Hyundai, 5.0% at Kia and 14.9% at Renault Korea. In total, overseas sales decreased by 2.6% to 471,359 units.
Global sales for all of five automakers in May were declined, with 0.5% y/y at Hyundai to 324,039 units, 4.9% at Kia to 234,554 units, 4.4% at GM Korea to 15,700 units, 17.0% at Renault Korea to  8,591 units and 6.0% at Ssangyong to 8,282 units. The overall global sales total of the five companies were 591,166 units, a decrease of 2.8%.
For the period January through May 2022, Hyundai global sales volume decreased by 8.2% y/y to 1,536,865 units, Kia decreased by 2.5% to 1,159,832 units, GM Korea decreased by 24.9% to 96,068 units, Renault Korea increased 53.6% to 64,145 units and Ssangyong increased 24.8% to 39,700 units.  
In terms of sales by model in May, Hyundai’s light-duty truck Porter was ranked first with 8,299 units sold, followed by Hyundai’s compact sedan Avante in second place with 7,602 units sold and Kia’s light-duty truck Bongo was third in sales with 5,655 units.


South Korea - Sales of domestic make (May 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y May
2022
May
2021
Y-o-Y May
2022
May
2021
Y-o-Y
May Share *1 May Share *1
Hyundai 63,373 52.9% 62,056 50.0% 2.1% 260,666 263,486 -1.1% 324,039 325,542 -0.5%
Kia 45,663 38.1% 47,901 38.6% -4.7% 188,891 198,867 -5.0% 234,554 246,768 -4.9%
Ssangyong 4,275 3.6% 4,956 4.0% -13.7% 4,007 3,854 4.0% 8,282 8,810 -6.0%
Renault Korea *3 3,728 3.1% 4,635 3.7% -19.6% 4,863 5,713 -14.9% 8,591 10,348 -17.0%
GM Korea *2 2,768 2.3% 4,597 3.7% -39.8% 12,932 11,831 9.3% 15,700 16,428 -4.4%
Total 119,807 100.0% 124,145 100.0% -3.5% 471,359 483,751 -2.6% 591,166 607,896 -2.8%
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 2022 2021 Y-o-Y
May Share May Share
Mercedes-Benz 7,388 31.4% 7,690 31.9% -3.9%
BMW 6,402 27.2% 6,257 26.0% 2.3%
Audi 1,865 7.9% 229 1.0% 714.4%
Volkswagen 1,182 5.0% 1,358 5.6% -13.0%
MINI 1,087 4.6% 1,095 4.5% -0.7%
Ford/Lincoln 1,038 4.4% 967 4.0% 7.3%
Volvo 1,015 4.3% 1,264 5.2% -19.7%
Porsche 702 3.0% 847 3.5% -17.1%
Chrysler/Jeep 591 2.5% 1,110 4.6% -46.8%
Toyota 480 2.0% 626 2.6% -23.3%
Chevrolet 418 1.8% 645 2.7% -35.2%
Lexus 391 1.7% 1,007 4.2% -61.2%
Honda 265 1.1% 402 1.7% -34.1%
Polestar 150 0.6% - -% -%
Land Rover 144 0.6% 97 0.4% 48.5%
Peugeot 100 0.4% 194 0.8% -48.5%
Bentley 75 0.3% 56 0.2% 33.9%
Cadillac 70 0.3% 74 0.3% -5.4%
Maserati 65 0.3% 65 0.3% 0.0%
Lamborghini 30 0.1% 32 0.1% -6.3%
Jaguar 24 0.1% 8 0.0% 200.0%
Rolls-Royce 22 0.1% 23 0.1% -4.3%
DS 8 0.0% - -% -%
Citroen - -% 34 0.1% -%
Total 23,512 100.0% 24,080 100.0% -2.4%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


More detailed statistics for Korea

PAGETOP

Flash report, April 2022

May 5, 2022

*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 decrease 11.8% in April
Five Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea decreased by 11.8% compared to the same month in the previous year to 119,628 units.
By company, Hyundai Motor was the leader with sales of 59,415 units (49.7% market share), a decrease of 15.4% year-over-year (y/y), followed by Kia Motors with a 2.0% decrease to 50,095 units (41.9% share). Ssangyong Motor came in third place with a 45.8% increase to 4,839 units (4.0% share). GM Korea sales dropped by 46.1% to 2,951 units (2.5% share), and fifth Renault Korea Motors experienced a decrease in sales of 57.4% to 2,328 units (1.9% share).
Overseas sales, including exports, mixed for five Korean OEMs in April: sales increased 363.9% at Renault Korea, 5.3% at GM Korea and 210.5% at Ssangyong. Sales decreased by 10.6% at Hyundai and 6.8% at Kia. In total, overseas sales decreased by 5.2% to 475,941 units.
Global sales for the five automakers in April were mixed as well, with Hyundai's global sales down 11.6% y/y to 308,788 units, Kia's sales decreased 5.8% to 238,538 units, GM Korea’s sales dropped by 7.8% to 19,785 units. Renault Korea’s sales increased 117.4% to 20,318 units and Ssangyong’s sales increased 85.8% to 8,140 units. The overall global sales total of the five companies were 595,569 units, a decrease of 6.6%.
For the period January through April 2022, Hyundai global sales volume decreased by 10.2% y/y to 1,211,733 units, Kia decreased by 2.0% to 924,277 units, GM Korea decreased by 27.9% to 80,368 units, Renault Korea increased 76.9% to 55,554 units and Ssangyong increased 36.6% to 31,418 units.  
In terms of sales by model in April, Hyundai’s light-duty truck Porter is ranked first with 8,423 units sold, followed by Kia’s light-duty truck Bongo in second place with 6,402 units sold and Hyundai’s compact sedan Avante was third in sales with 6,382 units.

South Korea - Sales of domestic make (Apr. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Apr.
2022
Apr.
2021
Y-o-Y Apr.
2022
Apr.
2021
Y-o-Y
Apr. Share *1 Apr. Share *1
Hyundai 59,415 49.7% 70,219 51.8% -15.4% 249,373 278,965 -10.6% 308,788 349,184 -11.6%
Kia 50,095 41.9% 51,128 37.7% -2.0% 188,443 202,159 -6.8% 238,538 253,287 -5.8%
Ssangyong 4,839 4.0% 3,318 2.4% 45.8% 3,301 1,063 210.5% 8,140 4,381 85.8%
GM Korea *2 2,951 2.5% 5,470 4.0% -46.1% 16,834 15,985 5.3% 19,785 21,455 -7.8%
Renault Korea *3 2,328 1.9% 5,466 4.0% -57.4% 17,990 3,878 363.9% 20,318 9,344 117.4%
Total 119,628 100.0% 135,601 100.0% -11.8% 475,941 502,050 -5.2% 595,569 637,651 -6.6%
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 2022 2021 Y-o-Y
Apr. Share Apr. Share
Mercedes-Benz 7,822 33.9% 8,430 33.0% -7.2%
BMW 6,658 28.9% 6,113 23.9% 8.9%
Volvo 1,332 5.8% 1,263 4.9% 5.5%
Audi 1,051 4.6% 1,320 5.2% -20.4%
Porsche 918 4.0% 978 3.8% -6.1%
Volkswagen 847 3.7% 1,080 4.2% -21.6%
MINI 779 3.4% 1,051 4.1% -25.9%
Toyota 648 2.8% 523 2.0% 23.9%
Chrysler/Jeep 565 2.4% 1,001 3.9% -43.6%
Lexus 478 2.1% 826 3.2% -42.1%
Polestar 460 2.0% - -% -%
Ford/Lincoln 453 2.0% 1,349 5.3% -66.4%
Chevrolet 260 1.1% 737 2.9% -64.7%
Honda 195 0.8% 235 0.9% -17.0%
Land Rover 189 0.8% 119 0.5% 58.8%
Peugeot 163 0.7% 221 0.9% -26.2%
Cadillac 72 0.3% 76 0.3% -5.3%
Bentley 66 0.3% 36 0.1% 83.3%
Maserati 58 0.3% 74 0.3% -21.6%
Lamborghini 20 0.1% 37 0.1% -45.9%
Jaguar 19 0.1% 28 0.1% -32.1%
Rolls-Royce 12 0.1% 24 0.1% -50.0%
DS 4 0.0% - -% -%
Citroen 1 0.0% 57 0.2% -98.2%
Total 23,070 100.0% 25,578 100.0% -9.8%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


More detailed statistics for Korea

PAGETOP

Flash report, March 2022

Apr 1, 2022

*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 decrease 21.2% in March
Five Korean automakers announced domestic new vehicle sales in March. New vehicle sales in South Korea decreased by 21.2% compared to the same month in the previous year to 111,124 units.
By company, Hyundai Motor was the leader with sales of 52,883 units (47.6% market share), a decrease of 28.4% year-over-year (y/y), followed by Kia Motors with a 11.7% decrease to 45,066 units (40.6% share). Ssangyong Motor came in third place with a 18.5% increase to 5,102 units (4.6% share). Renault Korea Motors sales dropped by 21.6% to 4,464 units (4.0% share), and fifth GM Korea experienced a decrease in sales of 41.3% to 3,609 units (3.2% share).
Overseas sales, including exports, mixed for five Korean OEMs in March: sales increased 1.8% at Kia, 106.6% at Renault Korea and 22.8% at Ssangyong. Sales decreased by 14.3% at Hyundai and 9.7% at GM Korea. In total, overseas sales decreased by 7.2% to 497,274 units.
Global sales for the five automakers in March were mixed as well, with Hyundai's global sales down 17.0% y/y to 313,926 units, Kia's sales decreased 0.9% to 250,646 units, GM Korea’s sales dropped by 16.2% to 24,821 units, Renault Korea’s sales increased 21.4% to 10,409 units and Ssangyong’s sales increased 20.2% to 8,596 units. The overall global sales total of the five companies were 608,398 units, a decrease of 10.1%.
For the period January through March 2022, Hyundai global sales volume decreased by 9.8% y/y to 901,913 units, Kia decreased by 0.7% to 685,358 units, GM Korea decreased by 32.7% to 60,583 units, Renault Korea increased 59.7% to 35,236 units and Ssangyong increased 25.0% to 23,278 units.  
In terms of sales by model in March, Hyundai’s premium sedan Grandeur is ranked first with 6,663 units sold, followed by Kia’s mid-size crossover SUV Sorento in second place with 5,435 units sold and Kia’s compact SUV Sportage was third in sales with 4,919 units.


South Korea - Sales of domestic make (Mar. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Mar.
2022
Mar.
2021
Y-o-Y Mar.
2022
Mar.
2021
Y-o-Y
Mar. Share *1 Mar. Share *1
Hyundai 52,883 47.6% 73,810 52.4% -28.4% 261,043 304,436 -14.3% 313,926 378,246 -17.0%
Kia 45,066 40.6% 51,011 36.2% -11.7% 205,580 201,932 1.8% 250,646 252,943 -0.9%
Ssangyong 5,102 4.6% 4,306 3.1% 18.5% 3,494 2,846 22.8% 8,596 7,152 20.2%
Renault Korea *3 4,464 4.0% 5,695 4.0% -21.6% 5,945 2,877 106.6% 10,409 8,572 21.4%
GM Korea *2 3,609 3.2% 6,149 4.4% -41.3% 21,212 23,484 -9.7% 24,821 29,633 -16.2%
Total 111,124 100.0% 140,971 100.0% -21.2% 497,274 535,575 -7.2% 608,398 676,546 -10.1%
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 2022 2021 Y-o-Y
Mar. Share Mar. Share
Mercedes-Benz 8,767 35.2% 7,597 27.8% 15.4%
BMW 6,837 27.4% 6,012 22.0% 13.7%
Volvo 1,309 5.3% 1,251 4.6% 4.6%
MINI 1,273 5.1% 1,224 4.5% 4.0%
Audi 1,155 4.6% 2,737 10.0% -57.8%
Volkswagen 1,053 4.2% 1,628 6.0% -35.3%
Porsche 951 3.8% 980 3.6% -3.0%
Lexus 554 2.2% 860 3.2% -35.6%
Chrysler/Jeep 536 2.2% 1,557 5.7% -65.6%
Toyota 526 2.1% 544 2.0% -3.3%
Chevrolet 361 1.4% 733 2.7% -50.8%
Ford/Lincoln 344 1.4% 906 3.3% -62.0%
Peugeot 290 1.2% 279 1.0% 3.9%
Land Rover 277 1.1% 292 1.1% -5.1%
Polestar 249 1.0% - -% -%
Honda 122 0.5% 333 1.2% -63.4%
Maserati 85 0.3% 81 0.3% 4.9%
Cadillac 82 0.3% 124 0.5% -33.9%
Bentley 52 0.2% 20 0.1% 160.0%
Lamborghini 30 0.1% 31 0.1% -3.2%
Rolls-Royce 21 0.1% 12 0.0% 75.0%
DS 14 0.1% - -% -%
Jaguar 12 0.0% 54 0.2% -77.8%
Citroen 12 0.0% 42 0.2% -71.4%
Total 24,912 100.0% 27,297 100.0% -8.7%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


More detailed statistics for Korea

PAGETOP

Flash report, February 2022

Mar 2, 2022

*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 1.9% in February
Five Korean automakers announced domestic new vehicle sales in February. New vehicle sales in South Korea increased by 1.9% compared to the same month in the previous year to 103,274 units.
By company, Hyundai Motor was the leader with sales of 53,010 units (51.3% market share), an inecrease of 1.7% year-over-year (y/y), followed by Kia Motors with a 5.3% increase to 39,560 units (38.3% share). Ssangyong Motor came in third place with a 69.8% increase to 4,540 units (4.4% share). Renault Samsung Motors (RSM) sales dropped by 4.7% to 3,718 units (3.6% share), and fifth GM Korea experienced a decrease in sales of 52.0% to 2,446 units (2.4% share).
Overseas sales, including exports, mixed for five Korean OEMs in February: sales increased 1.3% at Hyundai, 4.5% at Kia, 126.3% at RSM and 2,091.4% at Ssangyong. Sales decreased by 11.8% at GM Korea. In total, overseas sales increased by 3.4% to 463,937 units.
Global sales for the five automakers in February were mixed as well, with Hyundai's global sales up 1.4% y/y to 304,613 units, Kia's sales at 221,152 units up 4.7%, GM Korea’s sales at 22,851 units dropped by 19.1%, RSM’s sales increased 56.8% to 11,513 units and Ssangyong’s sales increased 153.9% to 7,082 units. The overall global sales total of the five companies were 567,211 units, an increase of 3.1%.
For the period January through February 2022, Hyundai global sales volume decreased by 5.5% y/y to 587,269 units, Kia decreased by 0.6% to 434,392 units, GM Korea decreased by 44.4% to 35,762 units, RSM increased 84.0% to 24,827 units and Ssangyong increased 28.0% to 14,682 units.  
In terms of sales by model in February, Hyundai’s light-duty truck Porter is ranked first with 7,995 units sold, followed by Kia’s light-duty truck Bongo in second place with 6,230 units sold and Kia’s midsize crossover SUV Sorento was third in sales with 4,776 units.


South Korea - Sales of domestic make (Feb. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Feb.
2022
Feb.
2021
Y-o-Y Feb.
2022
Feb.
2021
Y-o-Y
Feb. Share *1 Feb. Share *1
Hyundai 53,010 51.3% 52,102 51.4% 1.7% 251,603 248,412 1.3% 304,613 300,514 1.4%
Kia 39,560 38.3% 37,583 37.1% 5.3% 181,592 173,731 4.5% 221,152 211,314 4.7%
Ssangyong 4,540 4.4% 2,673 2.6% 69.8% 2,542 116 2091.4% 7,082 2,789 153.9%
Renault Samsung *3 3,718 3.6% 3,900 3.8% -4.7% 7,795 3,444 126.3% 11,513 7,344 56.8%
GM Korea *2 2,446 2.4% 5,098 5.0% -52.0% 20,405 23,148 -11.8% 22,851 28,246 -19.1%
Total 103,274 100.0% 101,356 100.0% 1.9% 463,937 448,851 3.4% 567,211 550,207 3.1%
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 2022 2021 Y-o-Y
Feb. Share Feb. Share
Mercedes-Benz 5,970 30.7% 5,707 25.6% 4.6%
BMW 5,656 29.1% 5,660 25.4% -0.1%
Audi 1,227 6.3% 2,362 10.6% -48.1%
Volkswagen 1,108 5.7% 1,783 8.0% -37.9%
Volvo 1,047 5.4% 1,202 5.4% -12.9%
Porsche 777 4.0% 912 4.1% -14.8%
MINI 732 3.8% 895 4.0% -18.2%
Chevrolet 535 2.8% 728 3.3% -26.5%
Lexus 474 2.4% 677 3.0% -30.0%
Chrysler/Jeep 441 2.3% 457 2.1% -3.5%
Ford/Lincoln 400 2.1% 633 2.8% -36.8%
Toyota 279 1.4% 414 1.9% -32.6%
Honda 256 1.3% 220 1.0% 16.4%
Land Rover 190 1.0% 296 1.3% -35.8%
Peugeot 183 0.9% 71 0.3% 157.7%
Maserati 52 0.3% 65 0.3% -20.0%
Bentley 35 0.2% 10 0.0% 250.0%
Rolls-Royce 23 0.1% 22 0.1% 4.5%
Cadillac 20 0.1% 63 0.3% -68.3%
Jaguar 17 0.1% 56 0.3% -69.6%
Lamborghini 17 0.1% 31 0.1% -45.2%
DS 8 0.0% - -% -%
Citroen 7 0.0% 26 0.1% -73.1%
Total 19,454 100.0% 22,290 100.0% -12.7%
Source: Korea Automobile Importers & Distributors Association (KAIDA)



More detailed statistics for Korea

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Flash report, January 2022

Feb 4, 2022

*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 decrease 19.2% in January
Five Korean automakers announced domestic new vehicle sales in January. New vehicle sales in South Korea decreased by 19.2% compared to the same month in the previous year to 93,900 units.
By company, Hyundai Motor was the leader with sales of 46,205 units (49.2% market share), a decrease of 22.3% year-over-year (y/y), followed by Kia Motors with a 10.7% decrease to 37,038 units (39.4% share). Ssangyong Motor came in third place with a 14.4% decline to 4,836 units (5.2% share). Renault Samsung Motors (RSM) sales increased by 26.7% to 4,477 units (4.8% share), and fifth GM Korea experienced a decrease in sales of 78.0% to 1,344 units (1.4% share).
Overseas sales, including exports, mixed for five Korean OEMs in January: sales decreased 9.8% at Hyundai, 4.6% at Kia, 61.5% at GM Korea and Ssangyong at 8.8% y/y. Sales increased by 237.5% at RSM. In total, overseas sales declined by 9.7% to 434,948 units.
Global sales for the five automakers in January were mixed as well, with Hyundai's global sales down 12.1% y/y to 282,204 units, Kia's sales at 212,819 units down 5.7%, GM Korea’s sales at 12,911 units dropped by 64.3% and Ssangyong’s sales decreased 12.4% to 7,600 units. RSM’s sales increased 116.4% to 13,314 units. The overall global sales total of the five companies were 528,848 units, a decrease of 11.5%.
In terms of sales by model in January, Genesis’s midsize sedan G80 is ranked first with 5,501 units sold, followed by Hyundai’s light-duty truck Porter in second place with 5,443 units sold and Hyundai’s premium sedan Grandeur was third in sales with 5,437 units.

South Korea - Sales of domestic make (Jan. 2022)
Make Domestic Sales Overseas Sales Global Sales Total
2022 2021 Y-o-Y Jan.
2022
Jan.
2021
Y-o-Y Jan.
2022
Jan.
2021
Y-o-Y
Jan. Share *1 Jan. Share *1
Hyundai 46,205 49.2% 59,501 51.2% -22.3% 235,999 261,567 -9.8% 282,204 321,068 -12.1%
Kia 37,038 39.4% 41,481 35.7% -10.7% 175,781 184,252 -4.6% 212,819 225,733 -5.7%
Ssangyong 4,836 5.2% 5,648 4.9% -14.4% 2,764 3,030 -8.8% 7,600 8,678 -12.4%
Renault Samsung *3 4,477 4.8% 3,534 3.0% 26.7% 8,837 2,618 237.5% 13,314 6,152 116.4%
GM Korea *2 1,344 1.4% 6,106 5.3% -78.0% 11,567 30,020 -61.5% 12,911 36,126 -64.3%
Total 93,900 100.0% 116,270 100.0% -19.2% 434,948 481,487 -9.7% 528,848 597,757 -11.5%
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 2022 2021 Y-o-Y
Jan. Share Jan. Share
BMW 5,550 32.0% 5,717 25.6% -2.9%
Mercedes-Benz 3,405 19.6% 5,918 26.5% -42.5%
Audi 1,269 7.3% 2,302 10.3% -44.9%
Volkswagen 1,213 7.0% 1,236 5.5% -1.9%
Volvo 1,004 5.8% 1,198 5.4% -16.2%
MINI 819 4.7% 712 3.2% 15.0%
Ford/Lincoln 761 4.4% 928 4.2% -18.0%
Porsche 677 3.9% 681 3.1% -0.6%
Lexus 513 3.0% 443 2.0% 15.8%
Chrysler/Jeep 498 2.9% 668 3.0% -25.4%
Chevrolet 455 2.6% 1,195 5.4% -61.9%
Toyota 304 1.8% 400 1.8% -24.0%
Honda 295 1.7% 192 0.9% 53.6%
Land Rover 276 1.6% 358 1.6% -22.9%
Peugeot 110 0.6% 83 0.4% 32.5%
Maserati 40 0.2% 44 0.2% -9.1%
Cadillac 37 0.2% 88 0.4% -58.0%
Bentley 35 0.2% 25 0.1% 40.0%
Rolls-Royce 23 0.1% 19 0.1% 21.1%
Polestar 20 0.1% - -% -%
Citroen 19 0.1% 32 0.1% -40.6%
Lamborghini 16 0.1% 19 0.1% -15.8%
Jaguar 15 0.1% 63 0.3% -76.2%
DS 7 0.0% - -% -%
Total 17,361 100.0% 22,321 100.0% -22.2%
Source: Korea Automobile Importers & Distributors Association (KAIDA)


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