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Korean Vehicles Market up 1.7% in May. The country has just signed a new FTA with US which would improve U.S. access to Korea’s automobile market. Meanwhile, Renault and General Motors Korea are losing heavily.
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.
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.
South Korea Vehicles Sales in November declined sharply, not fueled by the economic slowdown and the political uncertainty. Renault Samsung boomed.
South Korea Vehicles Market fell slightly in October with the 4th y.o.y. decline in a row. Renault Samsung kept the impressive track improving sales by 89% thanks to the new SM6 success.
South Korea Autos Figures fell in double digit in September mirroring changed economic conditions as the economy is affected by multiple downside risks bot at home and abroad.
South Korea New Vehicles Industry dropped down in August. Importers keep gaining share and in this month were pushed up by the outstanding performance scored by Ford and Land Rover.
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.
Korea Cars Market in First Half 2016 soared near 10%. SsangYong gained one spot, overtaking Renault Samsung while Hyundai dominated the models podium with Porter, Avante and Sonata in a row.
Korea Vehicles Market 2012-2015 Insights provides facts, data and forecast on this market with all data by OEM, Brand, Model and segment. From the 2004 up to the 2015 All About within 80 pages and 120 charts.
Korea Vehicles Market in May 2016 soared fast with an impressive +17% accelerating the already almost positive speed Renault Samsung overtook SsangYong in fourth place with a wonderful performance.
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.
Korea Vehicle Market in April slowed its growth with only 3.2 %, compared to the double-digit recorded in March. Hyundai was again the market leader, dominating the best-selling models with Porter, Sonata and Avante.
Korea Vehicle Market in Q1 2016 shining albeit clouds on consumer's demand. Sales at the highest level ever albeit January started down. Kia is reducing the gap towards the leader Hyundai. Land Rover & Infiniti the stars.
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.
Korean domestic car sales up 14% in November fueled by huge consumer confidence and growing space taken by imported vehicles. Volkswagen surged 64% taking the leadership among importers.
Korea new cars market boomed 18% in October projecting over 1.8 million sales for the 2015. Fueled by strong consumer's demand generated by relevant economic expansion and sector incentives this year will be memorable.
Korean new cars market boomed 13% in August albeit lower economy. The devaluation of the Chinese yuan will also make Korean products exports less competitive. SsangYong is on the sky.
South Korean Vehicle market hit in June the best ever month ending a record first half fueled by importers sales. BMW hit a record 3.6% market share while all top importers boosted volume hitting records share.
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Korean Automotive domestic market runs towards the new high in the 2015 fueled by booming sales for all importers and by the renaissance of Ssangyong. In May Hyundai Group share fell at 67%, the lowest in twenty years.