KG Mobility July Sales of 10,848 Units... Largest Monthly Export in 9 Years

Sales Exceed 10,000 Units for Two Consecutive Months... 46.3% Increase Compared to Previous Year

KG Mobility announced on the 1st that it sold a total of 10,848 units in July, including 4,043 units domestically and 6,805 units for export, surpassing 10,000 units in sales for two consecutive months. This represents a 5.9% increase compared to the previous month and a 46.3% increase compared to the same period last year.

In particular, exports reached 6,805 units, including 1,768 units of Torres, marking the highest monthly sales performance in nine years since May 2014 (6,807 units). This is a 46.3% increase compared to the same period last year.

The company is expanding export volumes to overcome limitations in the domestic market. Last month, Chairman Kwak Jae-sun personally attended the Torres launch event in the European market. Test drive events for Torres were also held targeting regions such as Africa and the Middle East.

KG Mobility Torres EVX
Photo by KG Mobility

Domestic sales decreased by 33.7% compared to the same period last year due to factors such as weakened consumer sentiment. To expand sales, the company launched the Rexton New Arena, Rexton Sports & Khan Coolmen, and the facelifted Tivoli models. In September, the company will release the mid-size electric sport utility vehicle (SUV) Torres EVX.

KG Mobility stated, “With the global launch expansion of Torres and exports achieving the highest monthly sales performance in nine years, the upward trend continues. We will further increase sales volumes through strengthening global market penetration, launching new models to overcome domestic market limitations, and devising various marketing strategies.”

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