Korea GM Sells 27,747 Units in August...Exports Up 20.7% YoY
[Asia Economy Reporter Kiho Sung] Korea GM announced that it sold a total of 27,747 units in August. In particular, exports increased by 20.7% compared to the same month last year.
Korea GM disclosed these results on the 1st through the Financial Supervisory Service's electronic disclosure system. Domestic sales were 5,898 units, and exports were 21,849 units. Domestic sales decreased by 8% compared to the same month last year, but overall sales increased by 13.2%.
Korea GM's exports in August recorded an increase for the second consecutive month following July. Among them, the Trailblazer, along with its sibling model, the Buick Encore GX, exported a total of 10,191 units, playing a key role.
Domestic sales declined due to a decrease in business days caused by the resurgence of COVID-19 and summer vacations and holidays. The Chevrolet Spark led domestic sales with a total of 2,244 units sold.
The Chevrolet Trailblazer sold a total of 1,780 units domestically in August, following the Spark. The Chevrolet Traverse maintained steady market response with 318 units sold in the domestic market in August.
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Seazer Toledo, Vice President of Sales, Service, and Marketing at Korea GM, said, "Despite the resurgence of COVID-19, Chevrolet products such as the Trailblazer, Spark, and Traverse continue to receive positive responses in the market," adding, "We will maintain positive momentum based on new models like the recently pre-booked 'Real New Colorado' and unprecedented customer benefits."
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