Korean Vehicles Market declined by 6.1% in August with sales at 136.601. The leader Hyundai was hit by a double-digit drop, while holding 35.4% of share. Mercedes & BMW boomed, while Toyota fell in 10th place, signing a disappointing -59.1%.
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%.
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 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.
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.
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.