Renault Korea Sold 20,318 Units Domestically and Abroad Last Month, Up 117% YoY
[Asia Economy Reporter Choi Dae-yeol] Renault Korea Motors announced that it sold 20,318 units domestically and internationally last month. It sold 2,328 units domestically and 17,990 units through exports, resulting in a total performance that increased by 117% compared to the same period last year.
Domestic sales decreased by 48% compared to the previous month and by 57% compared to April of last year. The company explained that production delays occurred due to parts supply disruptions, preventing sufficient supply across all models.
The best-selling compact SUV XM3 sold 1,104 units, about 24% less than in April last year. The XM3's RE trim and higher premium models accounted for more than 90% of sales. The mid-size SUV QM6 sold 847 units, a 75% decrease compared to April last year. It was the most affected by parts supply disruptions in production. As of the end of last month, there were about 7,300 customers waiting for QM6 delivery, continuing the backlog. The company stated, "We are making our best efforts to normalize parts supply to minimize inconvenience to waiting customers."
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Exports of the XM3 (export name Renault New Arkana) reached 16,267 units, a 449% increase compared to one year ago. This is the highest monthly volume on record. The export volume of the XM3 from January to April was 36,105 units, a 331% increase compared to the same period last year. The company explained that this significant increase was due to the addition of delayed shipments from March, one month prior. Hybrid engines accounted for 73%, totaling 11,939 units. Last month's export volume increased by about 364% compared to the previous month.
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