Korean Vehicles Market

South Korea. Market down 1.9% while Hyundai & Kia held 67.3%

Korean Vehicles Market was marginally declining in 2019 while remaining not far from the best level ever. Indeed, the Full-year ended with 1.77 million sales, down 1.9% from the previous year. Hyundai and Kia still dominated, while their combined market share at 67.3% fell down over 7 points from 2012.

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Korean Vehicles Market

South Korea 2018. Market flat, while importers grew at 14.6%

Korean Vehicles Market in 2018 registered a marginal improvement – up 1.3% from last year – ending with 1.806.609. Importers improved their mix at 14.6% thanks to the re-start of Volkswagen operations while General Motors has lost 29%.

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Korean Vehicles Market 2017

South Korea 2017. Mercedes & BMW shining in a market down 1%

Korean Autos Market in the 2017 slipped 1.7%, due to a slow first half, scoring the third performance all-time. Propelled by booming economy, the 2018 outlook is positive. Importers share at 13.1%, with Mercedes & BMW fight for leadership.

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South Korea Vehicles Market 2016

South Korea 2016. New record failed on foto-finish

South Korea Vehicles Market 2016 hasn’t beaten the all time record of the previous year just for 12.200 units, not fueled by weakening fundamentals and the political fallout.

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Korea best selling cars

Korea best selling cars ranking in 2015

Korea best selling cars ranking in 2015 led by Hyundai Sonata, Avante and Porter. Great success for the new Kia Sorento and for the SsangYong Tivoli just launched and already in 15th place.

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South Korea Vehicles Market in 2015

South Korea Vehicles Market in 2015 boomed at the all time record.

South Korea Vehicles Market in 2015 boomed at the all time record, first time above the 1.8 million units joining for the first time the Top 10 World’s markets. Hyundai Group has lost share while SsangYong shines.

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South Korean Car Market

South Korean 2014. Car Market hit New All-time record

South Korean Car Market hit New All-time record in 2014 thanks to a sparkling December with sales boomed and many importers doubling sales volume. Nissan-Renault Alliance jumped at 13% market share.

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