From 'Trailblazer' to 'XM3'... Small SUV Competition Reignites
Korea GM Trailblazer Launches... Renault Samsung Likely to Release XM3 as Early as Next Month
Korea GM has unveiled the sports utility vehicle (SUV) ‘Trailblazer’ and started pre-orders. On the 16th, at a media showcase held at Paradise City in Yeongjongdo, Incheon, an official revealed the new car. The Trailblazer is a model positioned between Chevrolet’s compact SUV Trax and mid-size SUV Equinox, featuring a stylish design along with GM’s next-generation powertrain technology and a wide range of advanced safety and convenience features.
Yeongjongdo ? Photo by Kim Hyun-min kimhyun81@
[Asia Economy Reporter Kim Ji-hee] Competition in the domestic small sports utility vehicle (SUV) market is heating up again. As key models from each company such as Hyundai Motor's Kona, Kia's Seltos, and SsangYong Motor's Tivoli fiercely compete, Korea GM and Renault Samsung Motors have entered the market with models in similar segments.
First, Korea GM unveiled the 'Trailblazer' on the 16th. This model is positioned between Chevrolet's small SUV Trax and mid-size SUV Equinox. The significance of the Trailblazer is considerable, to the extent that Korea GM's fate is said to hinge on its success. The entire product development process was conducted domestically, and it is the first new car released by Korea GM in six years since it faced management difficulties in 2013. In particular, since the Bupyeong plant produces both domestic and export volumes, it can play a major role in business normalization.
Renault Samsung's ambitious model 'XM3' is expected to be launched next month. The XM3 is the only coupe-style SUV in Korea and is anticipated to be a model that combines dynamic design with ample space and practicality. The XM3 is also in the same compact segment as the Trailblazer. It is expected to compete by emphasizing its coupe-style design that combines the strengths of sedans and SUVs. Renault Samsung is putting effort into producing not only the domestic volume of the XM3 already secured but also the Renault European export volume at the Busan plant.
Industry insiders point to the Kona, Seltos, and Tivoli as competitors for the two vehicles. All are flagship models of their respective companies and strong contenders for the throne in the small SUV market. In particular, the Seltos, which joined the market last July, has firmly secured market leadership by selling more than 30,000 units in just half a year.
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An industry official said, "There were many opinions that price would be the key to differentiating from models like the Seltos and Tivoli, and for now, the Trailblazer seems to have passed the price aspect," adding, "It is noteworthy to see what impact the introduction of new models will have on the small SUV market in similar segments."
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