Korea - Automotive sales volume, 2021

Flash report, December 2021

Jan 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 down 2.8% in December, down 10.8% in 2021
Five Korean automakers announced domestic new vehicle sales. In December, new vehicle sales in South Korea decreased by 2.8% compared to the same month in the previous year to 129,392 units, while 2021 full year vehicle sales in Korea decreased 10.8% year-over-year (y/y) to 1,433,605 units.
In 2021, Hyundai Motor was the leader with sales of 726,838 units (50.7% market share), a decrease of 7.7% y/y, followed by Kia Motors with a 3.1% decrease to 535,016 units (37.3% share).
Renault Samsung Motors (RSM) came in third place with a 36.3% decline to 61,096 units (4.3% share). Ssangyong Motor sales decreased by 35.9% to 56,363 units (3.9% share), and fifth place GM Korea experienced a decline in sales of 34.6%, to 54,292 units (3.8% share).
Overseas sales in 2021, including exports, for four Korean OEMs increased, by 7.0% y/y at Hyundai, 9.1% at Kia, 254.3% at RSM and 44.1% at Ssangyong. GM Korea saw a sales decline of 36.0%. In total, overseas sales increased by 6.6% to 5,688,741 units.
For 2021, Hyundai global sales volume increased by 3.9% y/y to 3,890,981 units, Kia increased by 6.5% to 2,777,056 units, GM Korea decreased by 35.7% to 237,044 units, RSM increased 14.3% to 132,769 units, and Ssangyong decreased 21.3% to 84,496 units.
In terms of sales by model in 2021, the Hyundai’s light-duty truck Porter is ranked first with 92,218 units sold, followed by Hyundai’s premium sedan Grandeur in second place with 89,084 units sold. Kia’s minivan Karnival was third in sales with 73,503 units sold.

South Korea - Sales of domestic make (Dec. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Dec. 2021	Dec. 2020	Y-o-Y	Dec. 2021	Dec. 2020	Y-o-Y
	Dec.	Share *1	Dec.	Share *1
Hyundai	66,112	51.1%	68,486	51.5%	-3.5%	268,130	306,707	-12.6%	334,242	375,193	-10.9%
Kia	47,789	36.9%	38,857	29.2%	23.0%	161,176	178,894	-9.9%	208,965	217,751	-4.0%
Renault Samsung *3	7,162	5.5%	8,010	6.0%	-10.6%	5,556	1,006	452.3%	12,718	9,016	41.1%
Ssangyong	5,810	4.5%	8,449	6.3%	-31.2%	2,975	2,142	38.9%	8,785	10,591	-17.1%
GM Korea *2	2,519	1.9%	9,259	7.0%	-72.8%	11,012	37,458	-70.6%	13,531	46,717	-71.0%
Total	129,392	100.0%	133,061	100.0%	-2.8%	448,849	526,207	-14.7%	578,241	659,268	-12.3%

South Korea - Sales of domestic make (2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	2021 Total	2020 Total	Y-o-Y	2021 Total	2020 Total	Y-o-Y
	Total	Share *1	Total	Share *1
Hyundai	726,838	50.7%	787,854	49.0%	-7.7%	3,164,143	2,956,883	7.0%	3,890,981	3,744,737	3.9%
Kia	535,016	37.3%	552,400	34.4%	-3.1%	2,242,040	2,054,432	9.1%	2,777,056	2,606,832	6.5%
Renault Samsung *3	61,096	4.3%	95,939	6.0%	-36.3%	71,673	20,227	254.3%	132,769	116,166	14.3%
Ssangyong	56,363	3.9%	87,888	5.5%	-35.9%	28,133	19,528	44.1%	84,496	107,416	-21.3%
GM Korea *2	54,292	3.8%	82,954	5.2%	-34.6%	182,752	285,499	-36.0%	237,044	368,453	-35.7%
Total	1,433,605	100.0%	1,607,035	100.0%	-10.8%	5,688,741	5,336,569	6.6%	7,122,346	6,943,604	2.6%

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	2021		2020		Y-o-Y	2021		2020		Y-o-Y
	Dec.	Share	Dec.	Share		Jan.-Dec.	Share	Jan.-Dec.	Share
Mercedes-Benz	6,752	28.2%	9,546	30.4%	-29.3%	76,152	27.6%	76,879	28.0%	-0.9%
BMW	4,233	17.7%	5,749	18.3%	-26.4%	65,669	23.8%	58,393	21.2%	12.5%
Audi	4,373	18.3%	3,109	9.9%	40.7%	25,615	9.3%	25,513	9.3%	0.4%
Volvo	1,418	5.9%	1,352	4.3%	4.9%	15,053	5.5%	12,798	4.7%	17.6%
Volkswagen	920	3.8%	2,729	8.7%	-66.3%	14,364	5.2%	17,615	6.4%	-18.5%
MINI	735	3.1%	1,093	3.5%	-32.8%	11,148	4.0%	11,245	4.1%	-0.9%
Chrysler/Jeep	1,099	4.6%	959	3.1%	14.6%	10,449	3.8%	8,753	3.2%	19.4%
Ford/Lincoln	1,306	5.5%	1,165	3.7%	12.1%	10,348	3.7%	10,447	3.8%	-0.9%
Lexus	758	3.2%	1,339	4.3%	-43.4%	9,752	3.5%	8,911	3.2%	9.4%
Chevrolet	422	1.8%	1,039	3.3%	-59.4%	8,975	3.3%	12,455	4.5%	-27.9%
Porsche	264	1.1%	697	2.2%	-62.1%	8,431	3.1%	7,779	2.8%	8.4%
Toyota	509	2.1%	710	2.3%	-28.3%	6,441	2.3%	6,154	2.2%	4.7%
Honda	300	1.3%	265	0.8%	13.2%	4,355	1.6%	3,056	1.1%	42.5%
Land Rover	313	1.3%	616	2.0%	-49.2%	3,220	1.2%	4,801	1.7%	-32.9%
Peugeot	215	0.9%	290	0.9%	-25.9%	2,320	0.8%	2,611	0.9%	-11.1%
Cadillac	39	0.2%	199	0.6%	-80.4%	987	0.4%	1,499	0.5%	-34.2%
Maserati	112	0.5%	192	0.6%	-41.7%	842	0.3%	932	0.3%	-9.7%
Citroen	36	0.2%	119	0.4%	-69.7%	603	0.2%	930	0.3%	-35.2%
Bentley	22	0.1%	43	0.1%	-48.8%	506	0.2%	296	0.1%	70.9%
Lamborghini	30	0.1%	22	0.1%	36.4%	353	0.1%	303	0.1%	16.5%
Jaguar	34	0.1%	161	0.5%	-78.9%	338	0.1%	875	0.3%	-61.4%
Rolls-Royce	14	0.1%	25	0.1%	-44.0%	225	0.1%	171	0.1%	31.6%
Nissan	-	-%	-	-%	-%	-	-%	1,865	0.7%	-100.0%
Infiniti	-	-%	-	-%	-%	-	-%	578	0.2%	-100.0%
Total	23,904	100.0%	31,419	100.0%	-23.9%	276,146	100.0%	274,859	100.0%	0.5%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, November 2021

Dec 1, 2021

*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 14.2% in November
Five Korean automakers announced domestic new vehicle sales in November. New vehicle sales in South Korea decreased by 14.2% compared to the same month in the previous year to 123,136 units.
By company, Hyundai Motor was the leader with sales of 62,071 units (50.4% market share), a decrease of 11.4% year-over-year (y/y), followed by Kia Motors with a 8.9% decrease to 46,042 units (37.4% share). Ssangyong Motor came in third place with a 32.3% decline to 6,277 units (5.1% share). Renault Samsung Motors (RSM) sales dropped by 15.0% to 6,129 units (5.0% share), and fifth GM Korea experienced a decrease in sales of 60.1% to 2,617 units (2.1% share).
Overseas sales, including exports, mixed for five Korean OEMs in November: sales decreased 18.4% at Hyundai, 14.3% at Kia, 34.9% at GM Korea and Ssangyong at 3.4% y/y. Sales increased by 1,254.4% at RSM. In total, overseas sales declined by 15.2% to 450,622 units.
Global sales for the five automakers in November were mixed as well, with Hyundai's global sales down 17.1% y/y to 312,602 units, Kia's sales at 222,232 units down 13.3%, GM Korea’s sales at 12,274 units dropped by 42.6% and Ssangyong’s sales decreased 26.0% to 8,778 units. RSM’s sales increased 121.4% to 17,872 units. The overall global sales total of the five companies were 573,758 units, a decrease of 15.0%.
For the period January through November 2021, Hyundai global sales volume increased by 5.4% y/y to 3,552,180 units, Kia increased by 7.6% to 2,570,588 units, GM Korea decreased by 29.9% to 225,513 units and Ssangyong decreased 21.8% to 75,711 units.  
In terms of sales by model in November, Kia’s compact SUV Sportage is ranked first with 7,540 units sold, followed by Hyundai’s light-duty truck Porter in second place with 7,288 units sold and Hyundai’s premium sedan Grandeur was third in sales with 6,918 units.

South Korea - Sales of domestic make (Nov. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Nov. 2021	Nov. 2020	Y-o-Y	Nov. 2021	Nov. 2020	Y-o-Y
	Nov.	Share *1	Nov.	Share *1
Hyundai	62,071	50.4%	70,035	48.8%	-11.4%	250,531	307,158	-18.4%	312,602	377,193	-17.1%
Kia	46,042	37.4%	50,523	35.2%	-8.9%	176,190	205,692	-14.3%	222,232	256,215	-13.3%
Ssangyong	6,277	5.1%	9,270	6.5%	-32.3%	2,501	2,589	-3.4%	8,778	11,859	-26.0%
Renault Samsung *3	6,129	5.0%	7,207	5.0%	-15.0%	11,743	867	1254.4%	17,872	8,074	121.4%
GM Korea *2	2,617	2.1%	6,556	4.6%	-60.1%	9,657	14,828	-34.9%	12,274	21,384	-42.6%
Total	123,136	100.0%	143,591	100.0%	-14.2%	450,622	531,134	-15.2%	573,758	674,725	-15.0%

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	2021		2020		Y-o-Y
	Nov.	Share	Nov.	Share
BMW	4,171	22.2%	5,551	20.2%	-24.9%
Mercedes-Benz	3,545	18.8%	7,186	26.2%	-50.7%
Audi	2,682	14.3%	2,906	10.6%	-7.7%
Volvo	1,317	7.0%	1,267	4.6%	3.9%
Ford/Lincoln	1,137	6.0%	1,065	3.9%	6.8%
Volkswagen	910	4.8%	2,677	9.8%	-66.0%
Lexus	866	4.6%	951	3.5%	-8.9%
MINI	738	3.9%	940	3.4%	-21.5%
Chrysler/Jeep	650	3.5%	975	3.6%	-33.3%
Toyota	600	3.2%	623	2.3%	-3.7%
Honda	484	2.6%	413	1.5%	17.2%
Porsche	444	2.4%	522	1.9%	-14.9%
Chevrolet	431	2.3%	1,067	3.9%	-59.6%
Land Rover	351	1.9%	550	2.0%	-36.2%
Peugeot	188	1.0%	276	1.0%	-31.9%
Bentley	94	0.5%	25	0.1%	276.0%
Maserati	76	0.4%	76	0.3%	0.0%
Cadillac	44	0.2%	160	0.6%	-72.5%
Citroen	43	0.2%	27	0.1%	59.3%
Rolls-Royce	18	0.1%	15	0.1%	20.0%
Jaguar	15	0.1%	138	0.5%	-89.1%
Lamborghini	6	0.0%	26	0.1%	-76.9%
Total	18,810	100.0%	27,436	100.0%	-31.4%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, October 2021

Nov 1, 2021

*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 21.5% in October
Five Korean automakers announced domestic new vehicle sales in October. New vehicle sales in South Korea decreased by 21.5% compared to the same month in the previous year to 106,424 units.
By company, Hyundai Motor was the leader with sales of 57,813 units (54.3% market share), a decrease of 12.0% year-over-year (y/y), followed by Kia Motors with a 21.2% decrease to 37,837 units (35.6% share). Renault Samsung Motors (RSM) came in third place with a 30.0% decline to 5,002 units (4.7% share). Ssangyong Motor sales dropped by 56.9% to 3,279 units (3.1% share), and fifth GM Korea experienced a decrease in sales of 64.7% to 2,493 units (2.3% share).
Overseas sales, including exports, mixed for five Korean OEMs in October: sales decreased 22.5% at Hyundai, 18.4% at Kia, 82.0% at GM Korea and Ssangyong at 42.0% y/y. Sales increased by 1,590.1% at RSM. In total, overseas sales declined by 22.4% to 441,768 units.
Global sales for the five automakers in October were mixed as well, with Hyundai's global sales down 20.7% y/y to 307,039 units, Kia's sales at 217,872 units down 18.9%, GM Korea’s sales at 6,875 units dropped by 78.1% and Ssangyong’s sales decreased 53.1% to 4,779 units. RSM’s sales increased 54.3% to 11,627 units. The overall global sales total of the five companies were 548,192 units, a decrease of 22.2%.
For the period January through October 2021, Hyundai global sales volume increased by 8.1% y/y to 3,235,048 units, Kia increased by 10.0% to 2,346,392 units, GM Korea decreased by 29.7% to 211,239 units and Ssangyong decreased 21.2% to 66,933 units.  
In terms of sales by model in October, Hyundai’s compact sedan Avante is ranked first with 9,448 units sold, followed by Hyundai’s midsize sedan Sonata in second place with 6,136 units sold and Genesis’s full-size sedan G80 was third in sales with 6,119 units.

South Korea - Sales of domestic make (Oct. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Oct. 2021	Oct. 2020	Y-o-Y	Oct. 2021	Oct. 2020	Y-o-Y
	Oct.	Share *1	Oct.	Share *1
Hyundai	57,813	54.3%	65,669	48.5%	-12.0%	249,226	321,528	-22.5%	307,039	387,197	-20.7%
Kia	37,837	35.6%	48,009	35.4%	-21.2%	180,035	220,720	-18.4%	217,872	268,729	-18.9%
Renault Samsung *3	5,002	4.7%	7,141	5.3%	-30.0%	6,625	392	1590.1%	11,627	7,533	54.3%
Ssangyong	3,279	3.1%	7,612	5.6%	-56.9%	1,500	2,585	-42.0%	4,779	10,197	-53.1%
GM Korea *2	2,493	2.3%	7,064	5.2%	-64.7%	4,382	24,327	-82.0%	6,875	31,391	-78.1%
Total	106,424	100.0%	135,495	100.0%	-21.5%	441,768	569,552	-22.4%	548,192	705,047	-22.2%

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	2021		2020		Y-o-Y
	Oct.	Share	Oct.	Share
BMW	4,824	25.7%	5,320	21.9%	-9.3%
Mercedes-Benz	3,623	19.3%	6,576	27.1%	-44.9%
Audi	2,639	14.1%	2,527	10.4%	4.4%
Volvo	1,125	6.0%	1,449	6.0%	-22.4%
Chrysler/Jeep	750	4.0%	937	3.9%	-20.0%
Volkswagen	719	3.8%	1,933	8.0%	-62.8%
MINI	701	3.7%	890	3.7%	-21.2%
Ford/Lincoln	697	3.7%	951	3.9%	-26.7%
Lexus	656	3.5%	871	3.6%	-24.7%
Chevrolet	572	3.0%	846	3.5%	-32.4%
Honda	526	2.8%	311	1.3%	69.1%
Toyota	521	2.8%	553	2.3%	-5.8%
Porsche	512	2.7%	248	1.0%	106.5%
Land Rover	327	1.7%	305	1.3%	7.2%
Peugeot	250	1.3%	178	0.7%	40.4%
Citroen	104	0.6%	45	0.2%	131.1%
Cadillac	92	0.5%	154	0.6%	-40.3%
Maserati	57	0.3%	58	0.2%	-1.7%
Lamborghini	33	0.2%	28	0.1%	17.9%
Bentley	17	0.1%	15	0.1%	13.3%
Rolls-Royce	12	0.1%	15	0.1%	-20.0%
Jaguar	7	0.0%	47	0.2%	-85.1%
Total	18,764	100.0%	24,257	100.0%	-22.6%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, September 2021

Oct 1, 2021

*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 33.7% in September
By company, Hyundai Motor was the leader with sales of 43,857 units (47.8% market share), a decrease of 34.6% year-over-year (y/y), followed by Kia Motors with a 30.1% decrease to 35,801 units (39.0% share). Renault Samsung Motors (RSM) came in third place with a 25.8% decline to 4,401 units (4.8% share). GM Korea sales dropped by 36.5% to 3,872 units (4.2% share), and fifth Ssangyong Motor experienced a decrease in sales of 53.0% to 3,859 units (4.2% share).
Overseas sales, including exports, mixed for five Korean OEMs in September: sales decreased 19.4% at Hyundai, 10.1% at Kia, 71.3% at GM Korea. Sales increased by 612.5% at RSM and 28.6% y/y at Ssangyong. In total, overseas sales declined by 17.3% to 447,446 units.
Global sales for the five automakers in September were mixed as well, with Hyundai's global sales down 22.3% y/y to 281,196 units, Kia's sales at 223,593 units down 14.1%, GM Korea’s sales at 13,750 units dropped by 66.1% and Ssangyong’s sales decreased 39.5% to 5,950 units. RSM’s sales increased 99.7% to 7,386 units. The overall global sales total of the five companies were 539,236 units, a decrease of 20.7%.
For the period January through September 2021, Hyundai global sales volume increased by 12.3% y/y to 2,925,859 units, Kia increased by 14.1% to 2,127,756 units and Ssangyong decreased 16.9% to 62,154 units.
In terms of sales by model in September, Hyundai’s compact sedan Avante is ranked first with 5,217 units sold, followed by Hyundai’s midsize sedan Sonata in second place with 5,003 units sold and Hyundai’s light-duty truck Porter was third in sales with 4,916 units.

South Korea - Sales of domestic make (Sep. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Sep. 2021	Sep. 2020	Y-o-Y	Sep. 2021	Sep. 2020	Y-o-Y
	Sep.	Share *1	Sep.	Share *1
Hyundai	43,857	47.8%	67,080	48.4%	-34.6%	237,339	294,631	-19.4%	281,196	361,711	-22.3%
Kia	35,801	39.0%	51,211	37.0%	-30.1%	187,792	208,983	-10.1%	223,593	260,194	-14.1%
Renault Samsung *3	4,401	4.8%	5,934	4.3%	-25.8%	10,346	1,452	612.5%	14,747	7,386	99.7%
GM Korea *2	3,872	4.2%	6,097	4.4%	-36.5%	9,878	34,447	-71.3%	13,750	40,544	-66.1%
Ssangyong	3,859	4.2%	8,208	5.9%	-53.0%	2,091	1,626	28.6%	5,950	9,834	-39.5%
Total	91,790	100.0%	138,530	100.0%	-33.7%	447,446	541,139	-17.3%	539,236	679,669	-20.7%

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	2021		2020		Y-o-Y
	Sep.	Share	Sep.	Share
Mercedes-Benz	6,245	30.6%	5,958	27.3%	4.8%
BMW	4,944	24.2%	5,275	24.2%	-6.3%
Volvo	1,259	6.2%	801	3.7%	57.2%
Audi	1,150	5.6%	2,528	11.6%	-54.5%
Chevrolet	1,022	5.0%	553	2.5%	84.8%
MINI	961	4.7%	1,108	5.1%	-13.3%
Volkswagen	817	4.0%	872	4.0%	-6.3%
Lexus	644	3.2%	701	3.2%	-8.1%
Chrysler/Jeep	592	2.9%	853	3.9%	-30.6%
Honda	513	2.5%	244	1.1%	110.2%
Porsche	490	2.4%	471	2.2%	4.0%
Ford/Lincoln	460	2.3%	1,062	4.9%	-56.7%
Toyota	436	2.1%	511	2.3%	-14.7%
Land Rover	286	1.4%	368	1.7%	-22.3%
Peugeot	217	1.1%	235	1.1%	-7.7%
Cadillac	100	0.5%	100	0.5%	0.0%
Citroen	85	0.4%	32	0.1%	165.6%
Bentley	65	0.3%	12	0.1%	441.7%
Maserati	50	0.2%	68	0.3%	-26.5%
Lamborghini	34	0.2%	34	0.2%	0.0%
Rolls-Royce	20	0.1%	10	0.0%	100.0%
Jaguar	16	0.1%	41	0.2%	-61.0%
Infiniti	-	-%	2	0.0%	-%
Total	20,406	100.0%	21,839	100.0%	-6.6%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, August 2021

Sep 1, 2021

*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 5.0% in August
Five Korean automakers announced domestic new vehicle sales in August. New vehicle sales in South Korea decreased by 5.0% compared to the same month in the previous year to 106,247 units.
By company, Hyundai Motor was the leader with sales of 51,034 units (48.0% market share), a decrease of 6.5% year-over-year (y/y), followed by Kia Motors with a 6.6% increase to 41,003 units (38.6% share). Ssangyong Motor came in third place with a 28.4% decline to 4,861 units (4.6% share). GM Korea sales dropped by 19.5% to 4,745 units (4.5% share), and fifth Renault Samsung Motors (RSM) experienced a decrease in sales of 24.6% to 4,604 units (4.3% share).
Overseas sales, including exports, mixed for five Korean OEMs in August: sales decreased 7.8% at Hyundai, 1.4% at Kia, 45.7% at GM Korea. Sales increased by 189.4% at RSM and 132.7% y/y at Ssangyong. In total, overseas sales declined by 6.1% to 438,745 units.
Global sales for the five automakers in August were mixed as well, with Kia's global sales up 0.1% y/y to 217,204 units, RSM's sales at 8,846 units up 16.9%. Hyundai’s sales decreased 7.6% to 294,591 units, GM Korea’s sales declined 40.1% to 16,616 units and Ssangyong saw a sales decline of 3.6% to 7,735 units. The overall global sales total of the five companies were 544,992 units, a decrease of 5.9%.
For the period January through August 2021, Hyundai global sales volume increased by 17.6% y/y to 2,639,236 units, Kia increased by 18.7% to 1,904,031 units, GM Korea decreased by 16.5% to 190,614 units, RSM decreased 9.9% to 75,805 units, and Ssangyong decreased 13.4% to 56,204 units.
In terms of sales by model in August, Hyundai’s light-duty truck Porter is ranked first with 7,424 units sold, followed by Kia’s compact SUV Sportage in second place with 6,571 units sold. Kia’s minivan Carnival was third in sales with 5,611 units.

South Korea - Sales of domestic make (Aug. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Aug. 2021	Aug. 2020	Y-o-Y	Aug. 2021	Aug. 2020	Y-o-Y
	Aug.	Share *1	Aug.	Share *1
Hyundai	51,034	48.0%	54,590	48.8%	-6.5%	243,557	264,110	-7.8%	294,591	318,700	-7.6%
Kia	41,003	38.6%	38,463	34.4%	6.6%	176,201	178,626	-1.4%	217,204	217,089	0.1%
Ssangyong	4,861	4.6%	6,792	6.1%	-28.4%	2,874	1,235	132.7%	7,735	8,027	-3.6%
GM Korea *2	4,745	4.5%	5,898	5.3%	-19.5%	11,871	21,849	-45.7%	16,616	27,747	-40.1%
Renault Samsung *3	4,604	4.3%	6,104	5.5%	-24.6%	4,242	1,466	189.4%	8,846	7,570	16.9%
Total	106,247	100.0%	111,847	100.0%	-5.0%	438,745	467,286	-6.1%	544,992	579,133	-5.9%

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	2021		2020		Y-o-Y
	Aug.	Share	Aug.	Share
Mercedes-Benz	6,734	30.4%	6,030	27.5%	11.7%
BMW	5,214	23.6%	7,252	33.1%	-28.1%
Audi	1,341	6.1%	2,022	9.2%	-33.7%
Volkswagen	1,305	5.9%	881	4.0%	48.1%
Volvo	1,152	5.2%	336	1.5%	242.9%
MINI	969	4.4%	1,107	5.1%	-12.5%
Chevrolet	946	4.3%	464	2.1%	103.9%
Lexus	933	4.2%	703	3.2%	32.7%
Porsche	657	3.0%	554	2.5%	18.6%
Ford/Lincoln	575	2.6%	581	2.7%	-1.0%
Honda	518	2.3%	241	1.1%	114.9%
Toyota	467	2.1%	433	2.0%	7.9%
Chrysler/Jeep	428	1.9%	410	1.9%	4.4%
Land Rover	284	1.3%	280	1.3%	1.4%
Peugeot	203	0.9%	216	1.0%	-6.0%
Cadillac	132	0.6%	89	0.4%	48.3%
Maserati	80	0.4%	74	0.3%	8.1%
Citroen	53	0.2%	60	0.3%	-11.7%
Bentley	53	0.2%	22	0.1%	140.9%
Lamborghini	36	0.2%	33	0.2%	9.1%
Jaguar	19	0.1%	53	0.2%	-64.2%
Rolls-Royce	17	0.1%	17	0.1%	0.0%
Infiniti	-	-%	36	0.2%	-%
Total	22,116	100.0%	21,894	100.0%	1.0%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, July 2021

Aug 2, 2021

*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 14.5% in July
Five Korean automakers announced domestic new vehicle sales in July. New vehicle sales in South Korea decreased by 14.5% compared to the same month in the previous year to 123,512 units.
By company, Hyundai Motor was the leader with sales of 59,856 units (48.5% market share), a decrease of 22.6% year-over-year (y/y), followed by Kia Motors with a 2.4% increase to 48,160 units (39.0% share). Ssangyong Motor came in third place with a 15.7% decline to 5,652 units (4.6% share). Renault Samsung Motors (RSM) sales dropped by 21.3% to 4,958 units (4.0% share), and fifth GM Korea experienced a decrease in sales of 30.1% to 4,886 units (4.0% share).
Overseas sales, including exports, mixed for five Korean OEMs in July: sales increased 4.2% at Hyundai, 10.4% at Kia, 131.7% at RSM, 218.0% at Ssangyong. Sales declined by 48.2% y/y at GM Korea. In total, overseas sales increased by 4.5% to 466,191 units.
Global sales for the five automakers in July were mixed as well, with Kia's global sales up 8.7% y/y to 241,399 units, RSM's sales at 11,033 units up 23.6%, Ssangyong’s sales increased 8.9% to 8,155 units. Hyundai’s sales decreased 2.4% to 309,901 units, and GM Korea saw a sales decline of 44.5% to 19,215 units. The overall global sales total of the five companies were 589,703 units, a decrease of 0.1%.
For the period January through July 2021, Hyundai global sales volume increased by 21.6% y/y to 2,341,094 units, Kia increased by 21.5% to 1,685,506 units, GM Korea decreased by 13.3% to 173,998 units, RSM decreased 12.6% to 66,959 units, and Ssangyong decreased 14.8% to 48,469 units.
In terms of sales by model in July, Hyundai’s light-duty truck Porter is ranked first with 8,804 units sold, followed by Kia’s midsize SUV Sorento in second place with 6,339 units sold. Kia’s midsize sedan K8 was third in sales with 6,008 units.

South Korea - Sales of domestic make (Jul. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Jul. 2021	Jul. 2020	Y-o-Y	Jul. 2021	Jul. 2020	Y-o-Y
	Jul.	Share *1	Jul.	Share *1
Hyundai	59,856	48.5%	77,381	53.6%	-22.6%	250,045	240,022	4.2%	309,901	317,403	-2.4%
Kia	48,160	39.0%	47,050	32.6%	2.4%	193,239	175,069	10.4%	241,399	222,119	8.7%
Ssangyong	5,652	4.6%	6,702	4.6%	-15.7%	2,503	787	218.0%	8,155	7,489	8.9%
Renault Samsung *3	4,958	4.0%	6,301	4.4%	-21.3%	6,075	2,622	131.7%	11,033	8,923	23.6%
GM Korea *2	4,886	4.0%	6,988	4.8%	-30.1%	14,329	27,644	-48.2%	19,215	34,632	-44.5%
Total	123,512	100.0%	144,422	100.0%	-14.5%	466,191	446,144	4.5%	589,703	590,566	-0.1%

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	2021		2020		Y-o-Y
	Jul.	Share	Jul.	Share
Mercedes-Benz	7,083	29.0%	5,215	26.4%	35.8%
BMW	6,022	24.7%	3,816	19.3%	57.8%
Audi	2,632	10.8%	2,350	11.9%	12.0%
Volvo	1,153	4.7%	1,069	5.4%	7.9%
Lexus	1,027	4.2%	749	3.8%	37.1%
Chrysler/Jeep	1,003	4.1%	410	2.1%	144.6%
Volkswagen	941	3.9%	1,118	5.7%	-15.8%
MINI	870	3.6%	629	3.2%	38.3%
Chevrolet	755	3.1%	1,106	5.6%	-31.7%
Porsche	699	2.9%	914	4.6%	-23.5%
Toyota	691	2.8%	520	2.6%	32.9%
Ford/Lincoln	464	1.9%	672	3.4%	-31.0%
Honda	327	1.3%	129	0.7%	153.5%
Land Rover	239	1.0%	311	1.6%	-23.2%
Peugeot	171	0.7%	159	0.8%	7.5%
Cadillac	78	0.3%	134	0.7%	-41.8%
Maserati	62	0.3%	65	0.3%	-4.6%
Citroen	57	0.2%	75	0.4%	-24.0%
Bentley	47	0.2%	40	0.2%	17.5%
Lamborghini	34	0.1%	24	0.1%	41.7%
Rolls-Royce	20	0.1%	12	0.1%	66.7%
Jaguar	14	0.1%	45	0.2%	-68.9%
Infiniti	-	-%	216	1.1%	-%
Total	24,389	100.0%	19,778	100.0%	23.3%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, June 2021

Jul 1, 2021

*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 23.6% in June
Five Korean automakers announced domestic new vehicle sales in June. New vehicle sales in South Korea decreased by 23.6% compared to the same month in the previous year to 134,761 units.
By company, Hyundai Motor was the leader with sales of 68,407 units (50.8% market share), a decrease of 18.3% year-over-year (y/y), followed by Kia Motors with a 17.9% decrease to 49,280 units (36.6% share). GM Korea came in third place with a 38.6% decline to 5,740 units (4.3% share). Ssangyong Motor sales dropped by 41.3% to 5,724 units (4.2% share), and fifth place Renault (RSM) experienced a decrease in sales of 59.0% to 5,610 units (4.2% share).
Overseas sales, including exports, increased for five Korean OEMs in June: sales increased 26.5% at Hyundai, 35.4% at Kia, 27.1% at GM Korea, 1,345.3% at RSM and 539.1% at Ssangyong. In total, overseas sales increased by 32.5% to 522,786 units.
Global sales for the five automakers in June were mixed as well, with Hyundai's global sales up 14.4% y/y to 354,409 units, Kia's sales at 253,592 units up 20.2%, GM Korea’s sales increased 3.4% to 26,876 units. RSM sales decreased 0.7% to 14,166 units, and Ssangyong saw a sales decline of 16.5% to 8,504 units. The overall global sales total of the five companies were 657,547 units, an increase of 15.1%.
For the period January through June 2021, Hyundai global sales volume increased by 26.2% y/y to 2,028,974 units, Kia increased by 23.9% to 1,443,637 units, GM Korea decreased by 6.8% to 154,783 units, RSM decreased 17.3% to 55,926 units, and Ssangyong decreased 18.4% to 40,314 units.
In terms of sales by model in June, Hyundai’s premium sedan Grandeur is ranked first with 9,483 units sold, followed by Hyundai’s light-duty truck Porter in second place with 9,208 units sold. Kia’s minivan Carnival was third in sales with 6,689 units.

South Korea - Sales of domestic make (Jun. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Jun. 2021	Jun. 2020	Y-o-Y	Jun. 2021	Jun. 2020	Y-o-Y
	Jun.	Share *1	Jun.	Share *1
Hyundai	68,407	50.8%	83,700	47.4%	-18.3%	286,002	226,127	26.5%	354,409	309,827	14.4%
Kia	49,280	36.6%	60,005	34.0%	-17.9%	204,312	150,890	35.4%	253,592	210,895	20.2%
GM Korea *2	5,740	4.3%	9,349	5.3%	-38.6%	21,136	16,634	27.1%	26,876	25,983	3.4%
Ssangyong	5,724	4.2%	9,746	5.5%	-41.3%	2,780	435	539.1%	8,504	10,181	-16.5%
Renault Samsung *3	5,610	4.2%	13,668	7.7%	-59.0%	8,556	592	1345.3%	14,166	14,260	-0.7%
Total	134,761	100.0%	176,468	100.0%	-23.6%	522,786	394,678	32.5%	657,547	571,146	15.1%

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	2021		2020		Y-o-Y
	Jun.	Share	Jun.	Share
Mercedes-Benz	6,828	26.1%	7,672	28.1%	-11.0%
BMW	6,502	24.8%	4,069	14.9%	59.8%
Audi	1,848	7.1%	3,401	12.4%	-45.7%
Volkswagen	1,667	6.4%	1,308	4.8%	27.4%
Volvo	1,451	5.5%	1,110	4.1%	30.7%
MINI	1,197	4.6%	1,301	4.8%	-8.0%
Chrysler/Jeep	1,134	4.3%	1,384	5.1%	-18.1%
Lexus	1,055	4.0%	1,014	3.7%	4.0%
Porsche	967	3.7%	940	3.4%	2.9%
Ford/Lincoln	926	3.5%	1,015	3.7%	-8.8%
Chevrolet	789	3.0%	1,292	4.7%	-38.9%
Toyota	710	2.7%	665	2.4%	6.8%
Honda	305	1.2%	130	0.5%	134.6%
Land Rover	258	1.0%	309	1.1%	-16.5%
Peugeot	228	0.9%	353	1.3%	-35.4%
Cadillac	77	0.3%	141	0.5%	-45.4%
Maserati	76	0.3%	63	0.2%	20.6%
Bentley	61	0.2%	61	0.2%	0.0%
Citroen	34	0.1%	114	0.4%	-70.2%
Lamborghini	30	0.1%	21	0.1%	42.9%
Jaguar	24	0.1%	43	0.2%	-44.2%
Rolls-Royce	24	0.1%	18	0.1%	33.3%
Nissan	-	-%	824	3.0%	-%
Infiniti	-	-%	102	0.4%	-%
Total	26,191	100.0%	27,350	100.0%	-4.2%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, May 2021

Jun 1, 2021

*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 15.0% in May
Five Korean automakers announced domestic new vehicle sales in May. New vehicle sales in South Korea decreased by 15.0% compared to the same month in the previous year to 124,145 units.
By company, Hyundai Motor was the leader with sales of 62,056 units (50.0% market share), a decrease of 12.4% year-over-year (y/y), followed by Kia Motors with a 6.4% decrease to 47,901 units (38.6% share). Ssangyong Motor came in third place with a 34.6% decline to 4,956 units (4.0% share). Renault Samsung Motors (RSM) sales dropped by 56.2% to 4,635 units (3.7% share), and fifth place GM Korea experienced a decrease in sales of 23.3% to 4,597 units (3.7% share).
Overseas sales, including exports, mixed for five Korean OEMs in May: sales increased 67.7% at Hyundai, 74.2% at Kia, 320.7% at RSM and 442.1% at Ssangyong. Sales declined by 37.0% y/y at GM Korea. In total, overseas sales increased by 65.6% to 480,564 units.
Global sales for the five automakers in May were mixed as well, with Hyundai's global sales up 42.7% y/y to 323,129 units, Kia's sales at 245,994 units up 49.2%, GM Korea’s sales decreased 33.7% to 16,428 units. RSM sales decreased 13.3% to 10,348 units, and Ssangyong saw a sales increase of 6.3% to 8,810 units. The overall global sales total of the five companies were 604,709 units, an increase of 38.6%.
For the period January through May 2021, Hyundai global sales volume increased by 28.9% y/y to 1,672,660 units, Kia increased by 24.7% to 1,189,271 units, GM Korea decreased by 8.7% to 127,907 units, RSM decreased 20.5% to 53,406 units, and Ssangyong decreased 18.9% to 31,810 units.
In terms of sales by model in May, Hyundai’s premium sedan Grandeur is ranked first with 7,802 units sold, followed by Kia’s minivan Carnival in second place with 7,219 units sold. Hyundai’s light-duty truck Porter was third in sales with 6,930 units.

South Korea - Sales of domestic make (May 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	May 2021	May 2020	Y-o-Y	May 2021	May 2020	Y-o-Y
	May	Share *1	May	Share *1
Hyundai	62,056	50.0%	70,810	48.5%	-12.4%	261,073	155,646	67.7%	323,129	226,456	42.7%
Kia	47,901	38.6%	51,182	35.0%	-6.4%	198,093	113,711	74.2%	245,994	164,893	49.2%
Ssangyong	4,956	4.0%	7,575	5.2%	-34.6%	3,854	711	442.1%	8,810	8,286	6.3%
Renault Samsung *3	4,635	3.7%	10,571	7.2%	-56.2%	5,713	1,358	320.7%	10,348	11,929	-13.3%
GM Korea *2	4,597	3.7%	5,993	4.1%	-23.3%	11,831	18,785	-37.0%	16,428	24,778	-33.7%
Total	124,145	100.0%	146,131	100.0%	-15.0%	480,564	290,211	65.6%	604,709	436,342	38.6%

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	2021		2020		Y-o-Y
	May	Share	May	Share
Mercedes-Benz	7,690	31.9%	6,551	28.1%	17.4%
BMW	6,257	26.0%	4,907	21.1%	27.5%
Volkswagen	1,358	5.6%	1,217	5.2%	11.6%
Volvo	1,264	5.2%	1,096	4.7%	15.3%
Chrysler/Jeep	1,110	4.6%	796	3.4%	39.4%
MINI	1,095	4.5%	1,004	4.3%	9.1%
Lexus	1,007	4.2%	727	3.1%	38.5%
Ford/Lincoln	967	4.0%	800	3.4%	20.9%
Porsche	847	3.5%	1,037	4.5%	-18.3%
Chevrolet	645	2.7%	1,145	4.9%	-43.7%
Toyota	626	2.6%	485	2.1%	29.1%
Honda	402	1.7%	169	0.7%	137.9%
Audi	229	1.0%	2,178	9.4%	-89.5%
Peugeot	194	0.8%	204	0.9%	-4.9%
Land Rover	97	0.4%	287	1.2%	-66.2%
Cadillac	74	0.3%	106	0.5%	-30.2%
Maserati	65	0.3%	61	0.3%	6.6%
Bentley	56	0.2%	15	0.1%	273.3%
Citroen	34	0.1%	75	0.3%	-54.7%
Lamborghini	32	0.1%	31	0.1%	3.2%
Rolls-Royce	23	0.1%	17	0.1%	35.3%
Jaguar	8	0.0%	73	0.3%	-89.0%
Nissan	-	-%	228	1.0%	-%
Infiniti	-	-%	63	0.3%	-%
Total	24,080	100.0%	23,272	100.0%	3.5%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, April 2021

May 5, 2021

*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 6.6% in April
Five Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea decreased by 6.6% compared to the same month in the previous year to 135,601 units.
By company, Hyundai Motor was the leader with sales of 70,219 units (51.8% market share), a decrease of 1.2% year-over-year (y/y), followed by Kia Motors with a 1.5% increase to 51,128 units (37.7% share). GM Korea came in third place with a 18.4% decline to 5,470 units (4.0% share). Renault Samsung Motors (RSM) sales dropped by 50.4% to 5,466 units (4.0% share), and fifth place Ssangyong Motor experienced a decrease in sales of 44.9% to 3,318 units (2.4% share).
Overseas sales, including exports, mixed for five Korean OEMs in April: sales increased 185.1% at Hyundai, 120.9% at Kia, 87.2% at RSM and 33.5% at Ssangyong. Sales declined by 27.5% y/y at GM Korea. In total, overseas sales increased by 134.1% to 495,090 units.
Global sales for the five automakers in April were mixed as well, with Hyundai's global sales up 106.2% y/y to 345,777 units, Kia's sales at 249,734 units up 78.0%, GM Korea’s sales decreased 25.4% to 21,455 units. RSM sales decreased 28.6% to 9,344 units, and Ssangyong saw a sales decrease of 35.7% to 4,381 units. The overall global sales total of the five companies were 630,691 units, an increase of 76.9%.
For the period January through April 2021, Hyundai global sales volume increased by 25.7% y/y to 1,346,060 units, Kia increased by 19.1% to 939,724 units, GM Korea decreased by 3.3% to 111,343 units, RSM decreased 21.6% to 41,477 units, and Ssangyong decreased 25.7% to 23,000 units.
In terms of sales by model in April, the Hyundai’s premium sedan Grandeur is ranked first with 9,684 units sold, followed by Hyundai’s light-duty truck Porter in second place with 9,182 units sold. Kia’s minivan Carnival was third in sales with 8,670 units.

South Korea - Sales of domestic make (Apr. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Apr. 2021	Apr. 2020	Y-o-Y	Apr. 2021	Apr. 2020	Y-o-Y
	Apr.	Share *1	Apr.	Share *1
Hyundai	70,219	51.8%	71,042	48.9%	-1.2%	275,558	96,651	185.1%	345,777	167,693	106.2%
Kia	51,128	37.7%	50,361	34.7%	1.5%	198,606	89,901	120.9%	249,734	140,262	78.0%
GM Korea *2	5,470	4.0%	6,706	4.6%	-18.4%	15,985	22,043	-27.5%	21,455	28,749	-25.4%
Renault Samsung *3	5,466	4.0%	11,015	7.6%	-50.4%	3,878	2,072	87.2%	9,344	13,087	-28.6%
Ssangyong	3,318	2.4%	6,017	4.1%	-44.9%	1,063	796	33.5%	4,381	6,813	-35.7%
Total	135,601	100.0%	145,141	100.0%	-6.6%	495,090	211,463	134.1%	630,691	356,604	76.9%

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	2021		2020		Y-o-Y
	Apr.	Share	Apr.	Share
Mercedes-Benz	8,430	33.0%	6,745	29.4%	25.0%
BMW	6,113	23.9%	5,123	22.3%	19.3%
Ford/Lincoln	1,349	5.3%	838	3.7%	61.0%
Audi	1,320	5.2%	2,043	8.9%	-35.4%
Volvo	1,263	4.9%	1,128	4.9%	12.0%
Volkswagen	1,080	4.2%	1,345	5.9%	-19.7%
MINI	1,051	4.1%	908	4.0%	15.7%
Chrysler/Jeep	1,001	3.9%	560	2.4%	78.8%
Porsche	978	3.8%	1,018	4.4%	-3.9%
Lexus	826	3.2%	461	2.0%	79.2%
Chevrolet	737	2.9%	1,133	4.9%	-35.0%
Toyota	523	2.0%	309	1.3%	69.3%
Honda	235	0.9%	231	1.0%	1.7%
Peugeot	221	0.9%	182	0.8%	21.4%
Land Rover	119	0.5%	281	1.2%	-57.7%
Cadillac	76	0.3%	138	0.6%	-44.9%
Maserati	74	0.3%	79	0.3%	-6.3%
Citroen	57	0.2%	63	0.3%	-9.5%
Lamborghini	37	0.1%	26	0.1%	42.3%
Bentley	36	0.1%	17	0.1%	111.8%
Jaguar	28	0.1%	49	0.2%	-42.9%
Rolls-Royce	24	0.1%	10	0.0%	140.0%
Nissan	-	-%	202	0.9%	-%
Infiniti	-	-%	56	0.2%	-%
Total	25,578	100.0%	22,945	100.0%	11.5%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, March 2021

Apr 1, 2021

*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 6.7% in March
Five Korean automakers announced domestic new vehicle sales in March. New vehicle sales in South Korea decreased by 6.7% compared to the same month in the previous year to 140,971 units.
By company, Hyundai Motor was the leader with sales of 73,810 units (52.4% market share), an increase of 2.3% year-over-year (y/y), followed by Kia Motors with flat at 51,011 units (36.2% share). GM Korea came in third place with a 31.4% decline to 6,149 units (4.4% share). Renault Samsung Motors (RSM) sales dropped by 52.6% to 5,695 units (4.0% share), and fifth place Ssangyong Motor experienced a decrease in sales of 37.2% to 4,306 units (3.1% share).
Overseas sales, including exports, mixed for five Korean OEMs in March: sales increased 28.6% at Hyundai, 11.0% at Kia, and 14.5% at Ssangyong. Sales declined by 18.9% y/y at GM Korea and 6.8% at RSM. In total, overseas sales increased by 18.1% to 531,672 units.
Global sales for the five automakers in March were mixed as well, with Hyundai's global sales up 22.4% y/y to 375,924 units, Kia's sales at 251,362 units up 8.6%, GM Korea’s sales decreased 21.8% to 29,633 units. RSM sales decreased 43.2% to 8,572 units, and Ssangyong saw a sales decrease of 23.5% to 7,152 units. The overall global sales total of the five companies were 672,643 units, an increase of 11.9%.
For the period January through March 2021, Hyundai global sales volume increased by 10.5% y/y to 997,882 units, Kia increased by 6.1% to 688,409 units, GM Korea increased by 4.0% to 90,024 units, RSM decreased 22.3% to 22,068 units, and Ssangyong decreased 22.9% to 18,619 units.
In terms of sales by model in March, the Hyundai’s light-duty truck Porter is ranked first with 11,213 units sold, followed by Kia’s minivan Carnival in second place with 9,520 units sold. Hyundai premium sedan Grandeur was third in sales with 9,217 units sold.

South Korea - Sales of domestic make (Mar. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Mar. 2021	Mar. 2020	Y-o-Y	Mar. 2021	Mar. 2020	Y-o-Y
	Mar.	Share *1	Mar.	Share *1
Hyundai	73,810	52.4%	72,180	47.8%	2.3%	302,114	234,996	28.6%	375,924	307,176	22.4%
Kia	51,011	36.2%	51,008	33.8%	0.0%	200,351	180,535	11.0%	251,362	231,543	8.6%
GM Korea *2	6,149	4.4%	8,965	5.9%	-31.4%	23,484	28,953	-18.9%	29,633	37,918	-21.8%
Renault Samsung *3	5,695	4.0%	12,012	8.0%	-52.6%	2,877	3,088	-6.8%	8,572	15,100	-43.2%
Ssangyong	4,306	3.1%	6,860	4.5%	-37.2%	2,846	2,485	14.5%	7,152	9,345	-23.5%
Total	140,971	100.0%	151,025	100.0%	-6.7%	531,672	450,057	18.1%	672,643	601,082	11.9%

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	2021		2020		Y-o-Y
	Mar.	Share	Mar.	Share
Mercedes-Benz	7,597	27.8%	5,093	25.1%	49.2%
BMW	6,012	22.0%	4,811	23.7%	25.0%
Audi	2,737	10.0%	1,151	5.7%	137.8%
Volkswagen	1,628	6.0%	1,072	5.3%	51.9%
Chrysler/Jeep	1,557	5.7%	561	2.8%	177.5%
Volvo	1,251	4.6%	1,162	5.7%	7.7%
MINI	1,224	4.5%	972	4.8%	25.9%
Porsche	980	3.6%	831	4.1%	17.9%
Ford/Lincoln	906	3.3%	723	3.%	25.3%
Lexus	860	3.2%	411	2.0%	109.2%
Chevrolet	733	2.7%	1,363	6.7%	-46.2%
Toyota	544	2.0%	413	2.0%	31.7%
Honda	333	1.2%	232	1.1%	43.5%
Land Rover	292	1.1%	493	2.4%	-40.8%
Peugeot	279	1.0%	239	1.2%	16.7%
Cadillac	124	0.5%	158	0.8%	-21.5%
Maserati	81	0.3%	52	0.3%	55.8%
Jaguar	54	0.2%	73	0.4%	-26.0%
Citroen	42	0.2%	97	0.5%	-56.7%
Lamborghini	31	0.1%	22	0.1%	40.9%
Bentley	20	0.1%	17	0.1%	17.6%
Rolls-Royce	12	0.0%	8	0.0%	50.0%
Nissan	-	-%	285	1.4%	-%
Infiniti	-	-%	65	0.3%	-%
Total	27,297	100.0%	20,304	100.0%	34.4%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, February 2021

Mar 2, 2021

*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 24.0% in February
Five Korean automakers announced domestic new vehicle sales in February. New vehicle sales in South Korea increased by 24.0% compared to the same month in the previous year to 101,356 units. The 2021 new year holiday in Korea was in February, while the 2020 new year holiday was in January. Sales in February 2021 reflected substantial year-over-year (y/y) growth due to a low sales base in February 2020 when sales declined heavily due to the coronavirus pandemic.  
By company, Hyundai Motor was the leader with sales of 52,102 units (51.4% market share), an increase of 32.6% year-over-year (y/y), followed by Kia Motors with a 31.0% increase to 37,583 units (37.1% share). GM Korea came in third place with a 2.4% increase to 5,098 units (5.0% share). Renault Samsung Motors (RSM) sales increased by 6.2% to 3,900 units (3.8% share), and fifth place Ssangyong Motor experienced a decrease in sales of 47.6%, to 2,673 units (2.6% share).
Overseas sales, including exports, mixed for five Korean OEMs in February: sales increased 2.5% Hyundai, 2.9% at Kia, and 1.8% at RSM. Sales declined by 17.2% y/y at GM Korea and 94.3% at Ssangyong. In total, overseas sales increased by 1.2% to 443,467 units.
Global sales for the five automakers in February were mixed as well, with Hyundai's global sales up 6.7% y/y to 300,248 units, Kia's sales at 210,177 units up 7.0%, GM Korea’s sales decreased 13.7% to 24,265 units. Ssangyong sales decreased 60.9% to 2,789 units, and RSM saw a sales increase of 4.1% to 7,344 units. The overall global sales total of the five companies were 544,823 units, an increase of 4.8%.
For the period January through February 2021, Hyundai global sales volume increased by 4.3% y/y to 621,616 units, Kia increased by 4.5% to 435,910 units, GM Korea increased by 24.2% to 60,391 units, RSM increased 1.6% to 13,496 units, and Ssangyong decreased 22.5% to 11,467 units.
In terms of sales by model in February, the Hyundai premium sedan Grandeur is ranked first with 8,563 units sold, followed by Hyundai’s light-duty truck Porter in second place with 7,626 units sold. Kia’s minivan Carnival was third in sales with 6,153 units sold.

South Korea - Sales of domestic make (Feb. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Feb. 2021	Feb. 2020	Y-o-Y	Feb. 2021	Feb. 2020	Y-o-Y
	Feb.	Share *1	Feb.	Share *1
Hyundai	52,102	51.4%	39,290	48.1%	32.6%	248,146	242,073	2.5%	300,248	281,363	6.7%
Kia	37,583	37.1%	28,681	35.1%	31.0%	172,594	167,727	2.9%	210,177	196,408	7.0%
GM Korea *2	5,098	5.0%	4,978	6.1%	2.4%	19,167	23,148	-17.2%	24,265	28,126	-13.7%
Renault Samsung *3	3,900	3.8%	3,673	4.5%	6.2%	3,444	3,384	1.8%	7,344	7,057	4.1%
Ssangyong	2,673	2.6%	5,100	6.2%	-47.6%	116	2,041	-94.3%	2,789	7,141	-60.9%
Total	101,356	100.0%	81,722	100.0%	24.0%	443,467	438,373	1.2%	544,823	520,095	4.8%

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	2021		2020		Y-o-Y
	Feb.	Share	Feb.	Share
Mercedes-Benz	5,707	25.6%	4,815	28.8%	18.5%
BMW	5,660	25.4%	3,812	22.8%	48.5%
Audi	2,362	10.6%	535	3.2%	341.5%
Volkswagen	1,783	8.0%	710	4.2%	151.1%
Volvo	1,202	5.4%	928	5.5%	29.5%
Porsche	912	4.1%	448	2.7%	103.6%
MINI	895	4.0%	768	4.6%	16.5%
Chevrolet	728	3.3%	973	5.8%	-25.2%
Lexus	677	3.0%	475	2.8%	42.5%
Ford/Lincoln	633	2.8%	615	3.7%	2.9%
Chrysler/Jeep	457	2.1%	458	2.7%	-0.2%
Toyota	414	1.9%	512	3.1%	-19.1%
Land Rover	296	1.3%	459	2.7%	-35.5%
Honda	220	1.0%	360	2.2%	-38.9%
Peugeot	71	0.3%	154	0.9%	-53.9%
Maserati	65	0.3%	79	0.5%	-17.7%
Cadillac	63	0.3%	72	0.4%	-12.5%
Jaguar	56	0.3%	74	0.4%	-24.3%
Lamborghini	31	0.1%	18	0.1%	72.2%
Citroen	26	0.1%	130	0.8%	-80.0%
Rolls-Royce	22	0.1%	9	0.1%	144.4%
Bentley	10	0.0%	17	0.1%	-41.2%
Nissan	-	-%	267	1.6%	-%
Infiniti	-	-%	37	0.2%	-%
Total	22,290	100.0%	16,725	100.0%	33.3%

Source: Korea Automobile Importers & Distributors Association (KAIDA)

Flash report, January 2021

Feb 1, 2021

*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 16.7% in January
Five Korean automakers announced domestic new vehicle sales in January. New vehicle sales in South Korea increased by 16.7% compared to the same month in the previous year to 116,270 units.
By company, Hyundai Motor was the leader with sales of 59,501 units (51.2% market share), an increase of 25.0% year-over-year (y/y), followed by Kia with a 12.0% increase to 41,481 units (35.7% share). GM Korea came in third place with a 19.7% increase to 6,106 units (5.3% share). Ssangyong Motor sales increased by 1.6% to 5,648 units (4.9% share), and fifth place Renault Samsung Motors (RSM) experienced a decrease in sales of 17.9%, to 3,534 units (3.0% share).
Overseas sales, including exports, mixed for five Korean OEMs in January: decline by 2.5% y/y at Hyundai. Sales increased 0.6% at Kia, 95.2% at GM Korea, 44.6% at Ssangyong and 35.6% at RSM. In total, overseas sales increased by 2.3% to 480,943 units.
Global sales for the five automakers in January were mixed as well, with Hyundai's global sales up 1.6% y/y to 319,959 units, Kia's sales at 226,298 units up 2.5%, GM Korea’s sales increased 76.4% to 36,126 units. Ssangyong sales increased 13.4% to 8,678 units, and RSM saw a sales decline of 1.3% to 6,152 units. The overall global sales total of the five companies were 597,213 units, an increase of 4.8%.
In terms of sales by model in January, the Hyundai premium sedan Grandeur is ranked first with 8,081 units sold, followed by Kia’s minivan Carnival in second place with 8,043 units sold. Hyundai’s light-duty truck Porter was third in sales with 7,952 units sold.

South Korea - Sales of domestic make (Jan. 2021)

Make	Domestic Sales					Overseas Sales			Global Sales Total
	2021		2020		Y-o-Y	Jan. 2021	Jan. 2020	Y-o-Y	Jan. 2021	Jan. 2020	Y-o-Y
	Jan.	Share *1	Jan.	Share *1
Hyundai	59,501	51.2%	47,591	47.8%	25.0%	260,458	267,234	-2.5%	319,959	314,825	1.6%
Kia	41,481	35.7%	37,050	37.2%	12.0%	184,817	183,684	0.6%	226,298	220,734	2.5%
GM Korea *2	6,106	5.3%	5,101	5.1%	19.7%	30,020	15,383	95.2%	36,126	20,484	76.4%
Ssangyong	5,648	4.9%	5,557	5.6%	1.6%	3,030	2,096	44.6%	8,678	7,653	13.4%
Renault Samsung *3	3,534	3.0%	4,303	4.3%	-17.9%	2,618	1,930	35.6%	6,152	6,233	-1.3%
Total	116,270	100.0%	99,602	100.0%	16.7%	480,943	470,327	2.3%	597,213	569,929	4.8%

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	2021		2020		Y-o-Y
	Jan.	Share	Jan.	Share
Mercedes-Benz	5,918	26.5%	5,492	31.1%	7.8%
BMW	5,717	25.6%	2,708	15.4%	111.1%
Audi	2,302	10.3%	763	4.3%	201.7%
Volkswagen	1,236	5.5%	1,753	9.9%	-29.5%
Volvo	1,198	5.4%	1,100	6.2%	8.9%
Chevrolet	1,195	5.4%	1,474	8.4%	-18.9%
Ford/Lincoln	928	4.2%	960	4.6%	14.9%
MINI	712	3.2%	525	3.0%	35.6%
Porsche	681	3.1%	99	0.6%	587.9%
Chrysler/Jeep	668	3.0%	450	2.6%	48.4%
Lexus	443	2.0%	509	2.9%	-13.0%
Toyota	400	1.8%	420	2.4%	-4.8%
Land Rover	358	1.6%	542	3.1%	-33.9%
Honda	192	0.9%	331	1.9%	-42.0%
Cadillac	88	0.4%	48	0.3%	83.3%
Peugeot	83	0.4%	125	0.7%	-33.6%
Jaguar	63	0.3%	78	0.4%	-19.2%
Maserati	44	0.2%	65	0.4%	-32.3%
Citroen	32	0.1%	93	0.5%	-65.6%
Bentley	25	0.1%	12	0.1%	108.3%
Lamborghini	19	0.1%	18	0.1%	5.6%
Rolls-Royce	19	0.1%	15	0.1%	26.7%
Nissan	-	-%	59	0.3%	-%
Infiniti	-	-%	1	0.0%	-%
Total	22,321	100.0%	17,640	100.0%	26.5%

Source: Korea Automobile Importers & Distributors Association (KAIDA)