Renault Samsung Motors Sells 8,923 Units in July... 24.7% Decrease Compared to Same Month Last Year

[Asia Economy Reporter Kiho Sung] Renault Samsung Motors announced that it sold a total of 8,923 units in July, a 24.7% decrease compared to the same month last year.

Renault Samsung Motors disclosed these results on the 3rd through the Financial Supervisory Service's electronic disclosure system. Domestic sales were 6,301 units, and exports were 2,622 units, representing decreases of 24.2% and 65.3%, respectively, compared to the same month last year.

Renault Samsung Motors stated, "In the case of domestic sales, the reduction of individual consumption tax benefits implemented from July affected overall sales."

Domestic sales fell 53.9% compared to the previous month. On the other hand, exports increased by 343.7% compared to the previous month, thanks to the XM3, which began its first export shipment of 83 units on July 25, and the steady performance of the QM6.

The premium mid-size sedan SM6, which introduced a facelift (partial change) model in mid-July, sold 707 units last month. However, actual supply of the The New SM6 began in late July, so sales were limited during the month. Renault Samsung Motors expects sales performance to increase from August, when full supply of The New SM6 is underway.

The QM6 and XM3 led July sales with 2,638 units and 1,909 units sold, respectively. In addition, the Renault Captur sold 364 units in July, a 24.7% increase compared to the previous month, continuing steady sales since its launch. The Renault Master sold a total of 433 units last month. Regarding electric vehicle sales by model, the SM3 Z.E. sold 124 units and the Renault Twizy sold 126 units in July.

Meanwhile, Renault Samsung Motors' export performance in July totaled 2,622 units, consisting of 2,388 units of the QM6 (export name Renault Koleos), 83 units of the XM3, and 151 units of the Twizy.

This content was produced with the assistance of AI translation services.