Renault Samsung's Exports Triple... Driven by XM3

Renault Samsung Motors Sells 13,314 Units Domestically and Abroad in January, Up 116% YoY

Renault Samsung Motors XM3 ready for shipment for overseas export [Image source=Yonhap News]

[Asia Economy Reporter Choi Dae-yeol] Renault Samsung Motors announced on the 4th that its domestic and international sales volume last month reached 13,314 units, an increase of 116.4% compared to the same period last year.

Exports led the overall growth trend, with 8,837 units shipped, more than tripling compared to January of last year. This included 7,747 units of the compact sport utility vehicle (SUV) XM3 (export name Renault New Arkana), 1,086 units of the mid-size SUV QM6 (export name Renault Koleos), and 4 units of the Twizy.

Domestically, 4,477 units were sold, an increase of about 26.7% over the same period. QM6 sales rose approximately 45% year-on-year to 2,865 units. Among mid-size SUVs, the LPG-powered LPe model was the only one available domestically, accounting for 1,743 units or 61% of the total. Gasoline models accounted for 1,114 units, about 39%. It was reported that two out of every three QM6 vehicles sold were higher trim levels (RE Signature and Premiere).

XM3 sales reached 1,418 units, a 23% increase from the previous year. Similarly, premium models accounted for more than 90% of sales. To minimize delivery delays for new XM3 customers, the company is currently accepting reservations for the 2023 model, scheduled for release next month. The mid-size sedan SM6 saw a temporary drop in deliveries early in the year due to parts supply issues, with only 124 units delivered, a 44% decrease compared to last year. According to the company, more than 600 customers are still waiting for SM6 deliveries. Renault brand models sold a total of 70 units, including 66 units of the Master and 4 units of the Zoe.

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