September Exports Plunge 80.4% Compared to Same Period Last Year

The New QM6 LPe (Photo by Renault Samsung)

The New QM6 LPe (Photo by Renault Samsung)

View original image


[Asia Economy Reporter Kim Ji-hee] Renault Samsung Motors announced on the 5th that it sold 5,934 units in the domestic market in September, a 24.1% decrease compared to the same period last year. Exports also declined, resulting in a total sales volume of 7,386 units last month, which is less than half of the sales during the same period last year.


The model leading more than half of the domestic sales in September was the QM6. The QM6 sold 3,187 units, down 21.3% year-on-year and 3.9% month-on-month. Notably, the LPe model, the only LPG sports utility vehicle (SUV) in Korea, accounted for 61.6% of total QM6 sales with 1,964 units sold. The New QM6 LPe, featuring Renault Samsung's donut tank technology which completed the final patent registration process with the Korean Intellectual Property Office this year, has ranked first in cumulative domestic LPG vehicle sales from January to August this year.


The SM6 sold 403 units in September. Additionally, the XM3, which is scheduled for export to Europe in the first half of next year, recorded 1,729 units sold, driven by continuous interest from younger customers. The high-performance TCe 260 model accounted for more than half of the total sales.


Renault brand models recorded sales of 69 units for the Twizy, 226 units for the Captur, and 152 units for the Master. The electric vehicle Zoe (ZOE), introduced to the domestic market in mid-August, sold 128 units last month. Sales of Renault brand models increased by 22.9% compared to the previous month.



Exports plummeted by 80.4% year-on-year. The QM6 (export name Renault Koleos) sold 1,355 units, and the Renault Twizy sold 96 units, totaling 1,452 units.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing