XM3 Export Boom... Renault Samsung Sales Up 54% in October to 11,627 Units

Domestic Sales Decreased by 30% but Exports Increased by 1590%

[Asia Economy Reporter Yu Je-hoon] Renault Samsung Motors announced on the 1st that it sold a total of 11,627 units last month, with 5,002 units sold domestically and 6,625 units exported. Domestic sales decreased by 30% compared to the same period last year, but exports increased by 1,590%, resulting in an overall sales increase of 54.3%.

In the domestic market, sales increased by 13.7% compared to the previous month due to strong sales of the 2022 model SM6. The 2022 model SM6 sold 343 units, a 124.2% increase compared to the previous month in its first month after launch.

In particular, the QM6 led the overall domestic sales performance with 3,487 units sold, a 23.1% increase. The cumulative annual sales of the QM6 reached 30,012 units as of last month, and it is expected to surpass 200,000 units in cumulative sales since its launch within this month.

The XM3 recorded only 792 units in domestic sales. This was due to parts supply issues caused by the shortage of automotive semiconductors. Previously, Renault Samsung had predicted that the available sales volume of the XM3 would significantly decrease starting in October.

A Renault Samsung official stated, "Just as the XM3 export vehicles were able to maintain stable production thanks to Renault Group’s priority parts supply policy, we have also been working hard to secure parts for domestic vehicles. As a result, from this month, normal production of domestic vehicles produced at the Busan plant, including the XM3, is expected to be possible. We have promised to deliver vehicles to the approximately 1,300 XM3 customers on the waiting list, as well as to customers who sign contracts this month, before the end of the year to benefit from the individual consumption tax reduction before it ends."

Meanwhile, in exports, the XM3 played a role in boosting overall performance. Last month, the export volume of the XM3 reached 4,819 units. The QM6 also saw a 49% increase compared to the previous month, with 1,726 units exported.

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