Korea GM, 25,000 Domestic and Overseas Sales in March... 16% Decrease YoY
[Asia Economy Reporter Choi Dae-yeol] Korea GM announced on the 1st that it sold 24,821 units domestically and internationally last month. Although this is a 16% decrease compared to the same period last year, it increased by about 9% compared to the previous month, continuing an upward trend.
Domestic sales last month were 3,609 units, down 41% year-on-year. Exports were 21,212 units, about 10% lower than the same period. Compared to the previous month, domestic sales increased by 48%, and exports by about 4%. In the domestic market, the Sports Utility Vehicle (SUV) Trailblazer was the best-selling model with 1,750 units.
Exports were led by the Trailblazer and its sibling model, the Buick Encore GX, which together sold 12,626 units, driving overall performance. In particular, the Changwon plant, which had completed internal renovations for new vehicle production, resumed manufacturing and exported 3,103 units. The compact passenger car (Spark) saw a 185% increase in performance compared to a year ago.
Carlos Minert, Vice President of Sales, Service, and Marketing at Korea GM, said, "Customer deliveries of new Chevrolet models such as the recently launched Tahoe, Bolt EV, and Bolt EUV will begin in the second quarter. Based on an expanded product lineup, we will continue the upward momentum that has been ongoing since the beginning of the year."
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