Three Foreign Companies, 'Sonyeon Gajang' Model Advances
Korea GM Trailblazer - Renault Samsung XM3 - Ssangyong Rexton Sports&Khan
[Asia Economy Reporter Yu Je-hoon] The 'breadwinner' models of the three foreign-affiliated domestic automakers are making significant strides in both domestic sales and exports.
According to the industry on the 5th, the Trailblazer (including the Buick Encore GX), a compact sport utility vehicle (SUV) model from Korea GM, exported a total of 15,145 units in June. This represents a 267.3% increase compared to the same period last year.
The Trailblazer is a key model that Korea GM is focusing on, accounting for 70% of the total export volume, making it the breadwinner. The Trailblazer also achieved second place in the U.S. compact SUV market in the first quarter.
The Trailblazer is also performing well in the domestic market. Last month, 2,671 units were sold, an increase of 99.6% compared to the previous year.
At Renault Samsung Motors, the XM3 plays the role of breadwinner. Renault Samsung exported a total of 8,556 units last month, with the XM3 accounting for about 90% of that. Export volume increased by 80.8% compared to the previous month. This is due to the New Arkana (the European export name for the XM3) beginning full-scale sales in 28 European countries starting last month.
Domestically, the newly updated XM3 sold 1,565 units, an increase of about 59.0% compared to the previous month.
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At Ssangyong Motor, which is undergoing corporate rehabilitation procedures, the The New Rexton Sports & Khan is leading the sales growth trend. Last month, Rexton Sports sales increased by 25.6% compared to the previous month, reaching 2,807 units, ranking first in sales among all Ssangyong models. Currently, there are about 4,000 units of undelivered Rexton vehicles, indicating a bright future outlook.
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