South Korea: car market up 6% in July 2013. BMW Series 5 at record share.

In July, the domestic light passenger vehicles market in South Korea was up 6.5% with 139.913 sales. Year to date sales at 888.308 units was down 0.5%. Although at the end of 2012 the South Korean government had reduced taxes on car ownership aiming to boost domestic sales, market is flat and next month’s perspective are for a little decline.

BMW Series 5 confirmed its leadership among importers and rose in 27th place among top models, the best place, with record share of 0.9%.

Looking at the best brands performance:

Hyundai in 1st posted a negative month, with 59.302 vehicles with a share of 42.4%, down 1.6 points of share from the previous month. Year-to-date July sales were 384.913 with a share of 43.3%. Hyundai held 14 models in the top 50, with the Grandeur as market leader.

Kia in 2nd sold 41.500 units with a share of 29.7%, down 0.2 points of share from the previous month. Year-to-date sales were 269.154 with a share of 30.3%. Kia held 12 models in the top 50, with the Morning in 6th position.

Chevrolet/Daewoo in 3rd posted a positive month with 13.304 sales and a share of 9.5%, up 1.5 points of share from the previous month. Year-to-date sales were 78.507 with a share of 8.8%. Chevrolet held 6 models in the top 50, with the Spark in 8th position.

SsangYong was 4th selling 5.768 units with a share of 4.1%, down 0.3 points from the previous month. Year-to-date sales were 35.054 with a share of 3.9%. The top model was the Korando Sport in 20th position.

Renault/Samsung was 5th with 5.089 vehicles and a share of 3.6%, up 0.1 points from the previous month. Year-to-date sales were 31.398 with a share of 3.5%. The best-selling model was the SM5 in 17th position.

BMW in 6th sold 3.023 units with a share of 2.2%, up 0.1 points from the previous month. Year-to-date sales were 19.767 with a share of 2.2%. The top model was the Series 5 in 27th position.

Volkswagen climbed to the 7th position (8th year-to-date) selling 2.696 units with a share of 1.9%, up 0.6 points from the previous month. Year-to-date sales were 13.561 with a share of 1.5%. The best-selling model was the Golf in 40th position.

Mercedes was 8th (7th year-to-date) selling 2.567 units with a share of 1.8%. Year-to-date sales were 14.225 with a share of 1.6%.The top model was the Class E in 29th position.

In the table below, the Top 25 brands, ranked for year to date position:

Rank Ytd

Brand

Jul

YTD 2013

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Jun 2013

Jul 2013

Ytd   2013

1

Hyundai

59.302

384.913

42,6%

43,9%

43,2%

43,8%

44,0%

42,4%

43,3%

2

Kia

41.500

269.154

31,5%

31,0%

30,5%

30,3%

29,9%

29,7%

30,3%

3

Chevrolet

13.304

78.507

9,6%

9,7%

9,3%

8,2%

8,0%

9,5%

8,8%

4

SsangYong

5.768

35.054

3,3%

3,3%

3,7%

4,1%

4,4%

4,1%

3,9%

5

Renault Samsung

5.089

31.398

3,6%

3,8%

3,6%

3,5%

3,5%

3,6%

3,5%

6

BMW

3.023

19.767

2,0%

1,6%

2,5%

2,0%

2,1%

2,2%

2,2%

7

Mercedes

2.567

14.225

1,6%

1,2%

1,5%

1,6%

1,5%

1,8%

1,6%

8

Volkswagen

2.696

13.561

1,4%

1,4%

1,4%

1,5%

1,3%

1,9%

1,5%

9

Audi

1.776

11.175

1,1%

0,9%

1,2%

1,3%

1,3%

1,3%

1,3%

10

Toyota

737

5.068

0,8%

0,7%

0,4%

0,7%

0,8%

0,5%

0,6%

11

Ford

688

3.980

0,4%

0,3%

0,4%

0,5%

0,5%

0,5%

0,4%

12

Mini

633

3.445

0,4%

0,4%

0,3%

0,4%

0,7%

0,5%

0,4%

13

Honda

502

3.219

0,3%

0,2%

0,4%

0,4%

0,4%

0,4%

0,4%

14

Lexus

495

3.109

0,3%

0,4%

0,3%

0,4%

0,3%

0,4%

0,3%

15

Chrysler

357

2.324

0,3%

0,2%

0,3%

0,3%

0,3%

0,3%

0,3%

16

Nissan

309

1.710

0,1%

0,2%

0,2%

0,2%

0,2%

0,2%

0,2%

17

Land Rover

282

1.647

0,1%

0,1%

0,2%

0,2%

0,2%

0,2%

0,2%

18

Peugeot

237

1.551

0,1%

0,2%

0,2%

0,2%

0,2%

0,2%

0,2%

19

Porsche

189

1.194

0,1%

0,1%

0,1%

0,1%

0,1%

0,1%

0,1%

20

Volvo

104

1.030

0,2%

0,1%

0,1%

0,1%

0,1%

0,1%

0,1%

21

Jaguar

151

1.022

0,1%

0,1%

0,1%

0,1%

0,1%

0,1%

0,1%

22

Infiniti

75

508

0,1%

0,1%

0,1%

0,0%

0,0%

0,1%

0,1%

23

Citroen

30

242

0,0%

0,0%

0,0%

0,0%

0,0%

0,0%

0,0%

24

Cadillac

41

205

0,0%

0,0%

0,0%

0,0%

0,0%

0,0%

0,0%

25

Mitsubishi

5

145

0,0%

0,0%

0,0%

0,0%

0,0%

0,0%

0,0%

Hyundai Grandeur was the market leader with 8.140 units and a share of 5.8%, down 0.4 points from the previous month. Year-to-date sales were 54.696 with a share of 6.2%.

Hyundai Avante was 2nd, up 4 spots from June, with 7.874 units and a share of 5.6%, stable form the previous month, followed by Hyundai Porter in 3rd, down 2 spots, with 7.778 sales and a share of 5.6%, down 1.1 points from the previous month.

Hyundai Sonata was 4th with 7.763 units and a share of 5.5%, down 0.3 points from the previous month, followed by Hyundai Santa Fe in 5th, down 2 spots, with 7.657 sales and a share of 5.5%, down 0.5 points from the previous month, and by Kia Morning in 6th with 7.575 sales and a share of 5.4%, down 0.2 points from June.

Kia K5 was 7th with 7.479 units and a share of 5.3%, up 0.8 points from the previous month, followed by Chevrolet Spark in 8th, up 3 spots, with 5.935 sales and a share of 4.2%, up 1.1 points from the previous month.

In the table below, the Top 25 models, ranked by last month position:

Rank Jul

Rank Jun

Rank 2012

Rank 2013

Model

Jul

YTD 2013

Q4 2012

Q1 2013

Jun 2013

Jul 2013

YTD 2013

1

2

4

1

Hyundai Grandeur

8.140

     54.696

5,4%

6,5%

6,2%

5,8%

6,2%

2

6

1

5

Hyundai Avante

7.874

     52.424

7,2%

6,0%

5,6%

5,6%

5,9%

3

1

5

2

Hyundai Porter

7.778

     54.449

6,0%

6,2%

6,7%

5,6%

6,1%

4

4

2

4

Hyundai Sonata

7.763

     54.143

6,8%

6,2%

5,8%

5,5%

6,1%

5

3

7

6

Hyundai Santa Fe

7.657

     49.340

6,1%

5,5%

6,0%

5,5%

5,6%

6

5

3

3

Kia Morning

7.575

     54.384

5,6%

6,6%

5,6%

5,4%

6,1%

7

7

6

7

Kia K5

7.479

     35.573

4,2%

3,7%

4,5%

5,3%

4,0%

8

11

8

8

Chevrolet Spark

5.935

     33.511

3,9%

4,4%

3,1%

4,2%

3,8%

9

9

13

12

Hyundai ix35

5.872

     24.865

2,6%

2,2%

3,4%

4,2%

2,8%

10

13

16

14

Kia Carnival R

4.285

     20.302

1,9%

2,1%

2,5%

3,1%

2,3%

11

10

18

9

Kia K3

4.228

     31.893

5,3%

3,8%

3,2%

3,0%

3,6%

12

8

9

10

Kia Bongo

4.216

     31.743

3,3%

3,8%

3,7%

3,0%

3,6%

13

12

10

11

Hyundai Grand Starex

3.601

     27.241

3,3%

3,4%

2,6%

2,6%

3,1%

14

14

11

13

Kia Sportage

2.893

     21.672

2,4%

2,4%

2,5%

2,1%

2,4%

15

19

14

19

Kia Sorento

2.836

     15.641

2,4%

1,6%

1,7%

2,0%

1,8%

16

15

17

15

Hyundai Accent

2.707

     18.043

1,8%

1,8%

2,2%

1,9%

2,0%

17

17

15

16

Samsung SM5

2.648

     17.490

2,4%

2,2%

1,8%

1,9%

2,0%

18

18

12

17

Kia Ray

2.567

     16.175

1,9%

1,8%

1,8%

1,8%

1,8%

19

20

21

18

Kia K7

2.044

     15.649

2,1%

2,0%

1,5%

1,5%

1,8%

20

16

20

20

SsangYong Korando S.

2.000

     12.597

1,1%

1,3%

1,9%

1,4%

1,4%

21

21

19

23

Chevrolet Cruze

1.894

         8.981

1,4%

0,8%

1,2%

1,4%

1,0%

22

22

24

22

Samsung SM3

1.741

         9.616

1,0%

1,0%

1,2%

1,2%

1,1%

23

23

61

36

Hyundai Maxcruz

1.610

         4.941

0,0%

0,0%

1,1%

1,2%

0,6%

24

24

25

21

SsangYong Korando C

1.581

         9.991

1,4%

1,2%

1,0%

1,1%

1,1%

25

25

26

25

Kia Pride

1.439

         7.813

0,8%

0,8%

0,9%

1,0%

0,9%

26

26

30

24

Hyundai Equus

1.238

         8.385

0,4%

1,1%

0,9%

0,9%

0,9%

27

30

52

28

BMW Series 5

1.226

         6.840

0,2%

0,9%

0,7%

0,9%

0,8%

28

27

61

29

SsangYong Korando

1.196

         6.471

0,0%

0,6%

0,8%

0,9%

0,7%

29

43

37

33

Mercedes Class E

1.069

         5.570

0,4%

0,6%

0,4%

0,8%

0,6%

30

33

28

31

Chevrolet Malibu

1.045

         6.018

1,1%

0,6%

0,6%

0,7%

0,7%

31

31

22

26

Hyundai Genesis

1.037

         7.546

1,0%

0,9%

0,7%

0,7%

0,9%

32

28

23

27

Chevrolet Orlando

966

         6.890

1,4%

0,8%

0,7%

0,7%

0,8%

33

35

27

30

Hyundai i30

921

         6.169

0,8%

0,7%

0,5%

0,7%

0,7%

34

45

51

40

Chevrolet Captiva

828

         3.752

0,3%

0,4%

0,3%

0,6%

0,4%

35

29

60

32

Kia Carens

821

         5.831

0,2%

0,4%

0,7%

0,6%

0,7%

36

34

31

34

Daewoo Damas

792

         5.396

0,6%

0,7%

0,6%

0,6%

0,6%

37

38

47

39

SsangYong Rexton W

744

         4.096

0,5%

0,4%

0,5%

0,5%

0,5%

38

42

29

41

Hyundai i40

721

         3.747

0,6%

0,3%

0,4%

0,5%

0,4%

39

32

33

35

Kia Mohave

720

         5.217

0,4%

0,6%

0,7%

0,5%

0,6%

40

37

41

44

Volkswagen Golf

706

         3.361

0,3%

0,2%

0,5%

0,5%

0,4%

41

49

40

42

Audi A6

683

         3.477

0,3%

0,4%

0,3%

0,5%

0,4%

42

36

61

37

Chevrolet Trax

551

         4.733

0,0%

0,5%

0,5%

0,4%

0,5%

43

50

45

45

Volkswagen Tiguan

543

         2.896

0,3%

0,4%

0,3%

0,4%

0,3%

44

47

38

47

Hyundai Veracruz

437

         2.561

0,2%

0,3%

0,3%

0,3%

0,3%

45

46

43

48

Samsung QM5

414

         2.501

0,3%

0,2%

0,3%

0,3%

0,3%

46

44

32

43

Kia K9

400

         3.365

0,4%

0,4%

0,3%

0,3%

0,4%

47

40

36

46

Toyota Camry

350

         2.733

0,4%

0,2%

0,5%

0,3%

0,3%

48

59

34

49

Daewoo Alpheon

338

         2.389

0,4%

0,3%

0,2%

0,2%

0,3%

49

48

49

52

Lexus ES

332

         2.006

0,2%

0,2%

0,3%

0,2%

0,2%

50

39

44

50

Volkswagen Passat

316

         2.293

0,2%

0,2%

0,5%

0,2%

0,3%

To be immediately updated on World’s car markets facts and data, please subscribe to our free newsletter. Just click here.

To receive a deep report on single or multiple markets, with data, facts and perspectives, just contact us for a quotation, mailing at info@focus2move.com.

 

Copyright 2013. All rights reserved. This material may not be published, broadcast, rewritten or redistributed, without written authorization.

(52)

In the spotlight

Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018