Korea Auto sales in July 2016 dropped down sharply over 12%.

Korea Auto sales Hyundai-Veloster-2016

Korea Auto Sales really bad in July. The market reported the highest Y.o.Y. lost from the 2013. SsangYong advanced on the third step of the podium while Renault Samsung gained one spot.

Market Outlook

This year, the economy will continue to struggle with lethargic exports on the back of weak Chinese growth. Although the government announced a massive stimulus program to boost economic growth this year, analysts remain skeptical about whether the program will be successful. 

Following a really positive first half, the domestic vehicles market in July reported a sharp decline, the highest from the 2013.

According to data released by KAMA and KAIDA, the two South Korean Associations of Automotive Manufacturers, in July vehicle’s sales had been 149.815, down 12.4%.

Year to date total registrations had been 1.067.769, up 5.8% compared to the same period of the previous year.

Competitive Arena

In July of 2016, Hyundai led again the ranking with 47.879 vehicles (-20.1%) and market share up at 39.1%. Kia was in second place with 44.007 units (-8.7%) ahead of SsangYong with 7.546 (-8.1%), Renault Samsung with 7.352 (+9.7%) and Mercedes with 4.184 (+5.3%).

Great performances scored by Volvo with 453 sales (+44.3%) and Jaguar with 331 (+95.9%).

As far as the ranking by Group, Hyundai Kia on top reported market share at 62.3% followed by General Motors at 16.5% and Renault-Nissan at 5.2%

The best-selling model in the first half was the Hyundai Porter with 8.276 units (-13.1%) followed by the Hyundai Sonata with 6.858 (-18.2%), the Kia Carnival with 6.773 (-5.4%), the Hyundai Avante with 6.244 (-9.4%) and the Kia Bongo with 5.796 (+1.3%).

To see the detailed report on the best-selling cars, with top 100 models score see the report dedicated.

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our South Korea Store.

 

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Jul Rank 2016 Brand Sales Jul Sales YTD Jul Var Jul Var YTD Jul Share Jul Share YTD Jul
1 1 Hyundai 47.879 399.003 -20,1% 0,7% 39,1% 37,9%
2 2 Kia 44.007 320.757 -8,7% 10,3% 35,9% 30,4%
3 4 SsangYong 7.546 58.242 -8,1% 8,6% 6,2% 5,5%
4 5 Renault Samsung 7.352 54.269 9,7% 23,5% 6,0% 5,2%
5 6 Mercedes 4.184 28.672 5,3% 6,6% 3,4% 2,7%
6 7 BMW 2.638 25.792 -32,8% -8,3% 2,2% 2,4%
7 8 Audi 1.504 14.562 -43,7% -15,5% 1,2% 1,4%
8 10 Land Rover 847 6.349 31,1% 58,4% 0,7% 0,6%
9 11 Ford 743 5.612 26,4% 14,2% 0,6% 0,5%
10 12 Lexus 741 5.230 16,3% 22,0% 0,6% 0,5%
11 13 Toyota 677 4.959 3,8% 12,0% 0,6% 0,5%
12 13 Mini 647 4.959 -26,8% 9,3% 0,5% 0,5%
13 16 Volvo 453 3.030 44,3% 29,0% 0,4% 0,3%
14 9 Volkswagen 425 12.888 -85,8% -40,4% 0,3% 1,2%
15 14 Honda 412 3.524 4,8% 24,0% 0,3% 0,3%
16 15 Nissan 382 3.089 -34,7% -8,8% 0,3% 0,3%
17 17 Jeep 376 2.647 -11,7% -7,6% 0,3% 0,3%
18 18 Peugeot 370 2.245 -39,3% -37,4% 0,3% 0,2%
19 21 Jaguar 331 1.907 95,9% 19,0% 0,3% 0,2%
20 20 Porsche 308 2.040 -11,2% -17,3% 0,3% 0,2%
21 22 Lincoln 265 1.134 -14,2% -29,5% 0,2% 0,1%
22 19 Infiniti 222 2.111 -10,1% 31,2% 0,2% 0,2%
23 26 Citroen 50 263 16,8% 0,0% 0,0%
24 25 Fiat 40 347 -39,4% -9,2% 0,0% 0,0%
25 23 Chrysler 35 423 -70,6% -50,7% 0,0% 0,0%
26 27 Bentley 8 169 -61,9% -30,7% 0,0% 0,0%
26 28 DS 8 44 -68,0% -51,1% 0,0% 0,0%
27 29 Rolls-Royce 4 34 -20,0% -8,1% 0,0% 0,0%

Rank Jul Rank 2016 Group Sales Jul Sales YTD Jul Var Jul Var YTD Jul Share Jul Share YTD Jul
1 1 Hyundai-Kia 91.886 719.760 -15,0% 4,8% 67,2% 62,3%
2 2 General Motors 14.360 190.252 15,1% 126,1% 10,5% 16,5%
3 3 Renault-Nissan 7.956 59.469 5,6% 21,5% 5,8% 5,2%
4 4 Mahindra Group 7.546 58.242 -8,1% 8,6% 5,5% 5,0%
5 7 Mercedes Daimler 4.184 28.672 5,3% 6,6% 3,1% 2,5%
6 5 BMW 3.289 30.785 -31,7% -5,9% 2,4% 2,7%
7 6 Volkswagen 2.245 29.670 -62,8% -28,6% 1,6% 2,6%
8 8 Toyota 1.418 10.189 10,0% 16,9% 1,0% 0,9%
9 9 Tata 1.178 8.256 44,5% 47,2% 0,9% 0,7%
10 10 Ford 1.008 6.746 12,4% 3,4% 0,7% 0,6%

Rank Jul Rank 2016 Model Sales Jul Sales YTD July Var Jul Var 2016
1 1 Hyundai Porter 8.276 62.965 -13,1% 2,9%
2 3 Hyundai Sonata 6.858 51.406 -18,2% -12,4%
3 8 Kia Carnival 6.773 38.811 -5,4% -2,5%
4 2 Hyundai Avante 6.244 58.419 -9,4% 25,3%
5 9 Kia Bongo 5.796 36.370 1,3% 0,7%
6 5 Chevrolet Spark 5.729 46.505 91,3% 60,4%
7 7 Kia Morning 5.626 40.658 -23,4% -18,7%
8 4 Kia Sorento 5.483 49.395 -13,4% 9,3%
9 10 Kia K7 5.086 33.976 167,5% 198,7%
10 6 Hyundai Santa fe 4.670 45.848 -53,0% -3,6%
11 20 Chevrolet Malibu 4.618 17.180 172,4% 78,5%
12 19 Hyundai Genesis 4.574 21.871 49,0% 1,1%
13 13 Samsung SM6 4.508 31.719
14 12 Ssangyong Tivoli 4.409 32.378 9,9% 43,7%
15 17 Hyundai Grand Starex 3.929 27.551 -18,2% -10,4%
16 11 Hyundai Grandeur 3.450 33.638 -51,0% -30,8%
17 15 Hyundai Tucson 3.443 30.742 -18,2% -10,7%
18 16 Kia K5 3.174 28.181 -50,8% 6,1%
19 14 Kia Sportage 3.007 30.751 -7,6% 50,3%
20 18 Kia K3 2.370 22.672 -48,5% -9,3%
21 23 Kia Niro 2.242 10.608
22 22 Kia Ray 2.069 11.841 -11,8% -23,4%
23 21 SsangYong Korando Sports 2.004 14.217 -9,4% -2,0%
24 25 Kia Mohave 1.220 8.911 15,5% 18,2%
25 28 Mercedes E Class 1.215 7.812 -18,9% -26,1%
26 30 Samsung QM3 1.066 7.139 -55,5% -43,1%
27 27 BMW 5 Series 990 8.332 -52,5% -14,5%
28 33 Hyundai Ioniq 945 6.280
28 40 Mercedes C Class 945 4.829 170,0% 46,9%
29 24 Hyundai Accent 827 9.048 -44,5% -8,6%
30 29 Audi A6 737 7.560 -28,0% 7,2%
31 37 Samsung SM3 690 5.800 -49,2% -39,4%
32 35 Chevrolet Trax 675 6.029 -22,5% -2,4%
33 45 Samsung SM7 652 4.132 77,7% 73,5%
34 41 Mercedes S Class 625 4.640 -34,7% -37,1%
35 36 BMW 3 Series 618 5.809 -32,7% -9,6%
36 34 Chevrolet Cruze 611 6.082 -56,2% -40,4%
37 26 Chevrolet Impala 542 8.670
38 32 Hyundai Maxcruz 505 6.424 3,9% 44,9%
39 48 Ford Explorer 495 3.104 -1,6% 23,8%
40 38 SsangYong Korando C 487 5.271 -52,8% -46,4%

(398)

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