Renault Korea March Domestic and International Sales Up 21%

Renault Korea XM3 waiting for shipment for export

[Asia Economy Reporter Choi Dae-yeol] Renault Korea Motors announced on the 1st that it sold 10,409 units domestically and internationally last month. Although domestic sales were somewhat sluggish, overall sales increased by about 21% compared to the previous year due to increased exports.

In the domestic market, 4,464 units were sold, about 4% less than the same period last year. Compared to February, sales increased by about 20%. The mid-size sport utility vehicle (SUV) QM6 sold 2,411 units, making it the best-selling model domestically. In particular, the QM6 LPe model, which uses liquefied petroleum gas (LPG) as fuel, accounted for more than half of total sales at 56%.

The compact SUV XM3, including the 2023 model which began customer deliveries in early last month, sold 1,524 units. This is a 44% increase compared to the previous month. The newly added top trim Inspire sold about 218 units, accounting for approximately 14% of total sales. The mid-size sedan SM6 sold 203 units, and under the Renault brand, the Master sold 47 units, Zoe 198 units, and Twizy 81 units. Zoe and Twizy sales increased compared to both the previous month and the same period last year, as they are eligible for full electric vehicle subsidies without any waiting period for delivery.

Exports last month totaled 5,945 units, with XM3 (export name Renault New Arkana) leading at 5,308 units. QM6 (export name Renault Koleos) shipped 597 units, and Twizy 40 units. Although exports decreased slightly compared to the previous month, they more than doubled compared to the same period last year. Among the XM3 export models, the hybrid engine accounted for 2,939 units, representing 55% of all XM3 units.

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