Five Domestic Automakers See Both Export and Domestic Sales Increase in April... Only Renault Shows Weakness (Comprehensive)

Five domestic automakers recorded global sales of 656,478 units in April this year. Most companies, except Renault Korea, saw a 9.8% increase compared to the previous year due to simultaneous growth in exports and domestic sales.

On the 2nd, the April sales performance of five domestic automakers (Hyundai Motor Company, Kia, GM Korea, KG Mobility, Renault Korea) showed domestic sales increased by 7.5% year-on-year to 128,588 units, and exports rose by 10.4% to 527,890 units.

While most companies such as Hyundai Motor Company, Kia, GM Korea, and KG Mobility experienced simultaneous improvements in exports and domestic sales, Renault Korea recorded only 9,580 units sold in April, showing a halving (-52.8%) compared to the previous year.

Renault Korea’s domestic sales in April were 1,081 units, down 22.6% year-on-year. Exports were 7,779 units, a decrease of 56.8%. Renault Korea explained, "April exports were temporarily affected by adjustments in the shipping schedule."

Completed vehicles waiting for export
Photo by Yonhap News

Hyundai Motor Company saw domestic sales of 66,660 units and exports of 269,552 units, both increasing year-on-year. Kia’s domestic sales, including special vehicles, slightly decreased to 49,314 units compared to the previous year, but exports improved significantly with a double-digit (11%) increase to 210,210 units. As semiconductor parts supply disruptions gradually eased, backlogs were completely cleared in April.

GM Korea continued the strong export trend of the Trailblazer. GM Korea sold 41,233 units in April, marking ten consecutive months of year-on-year growth. The strong overseas sales of over 20,000 Trailblazer units in April had a significant impact.

KG Mobility’s domestic sales exceeded 5,000 units, driven by the strong performance of the new mid-size sports utility vehicle (SUV) Torres, and exports increased by 31.7% year-on-year to 4,346 units.

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