Renault Korea February Sales 6,877 Units... 3.8% Decrease YoY
Exports Recovered but Domestic Market Remains Somewhat Sluggish
Renault Korea's sales volume in February slightly decreased compared to the same month last year. While export volume increased during the period, domestic sales were somewhat sluggish.
On the 4th, Renault Korea announced that it sold a total of 6,877 units last month, a 3.8% decrease compared to the same month last year.
Export volume was 5,070 units, up 2.8% from the same month last year. This is more than 20 times the 226 units exported in the previous month, when exports sharply declined due to logistics difficulties caused by the Red Sea incident. It appears that exports recovered as vehicles that had difficulty being shipped last month due to scheduling issues with shipping companies were loaded.
Domestic sales were somewhat sluggish, with 1,807 units sold, down 18.5% compared to the same month last year. However, this was a 9.8% increase from the previous month.
The best-selling vehicle among domestic sales was the coupe-type sports utility vehicle (SUV) XM3. A total of 905 units were sold, a 7.4% decrease compared to the same month last year. Among these, the hybrid model accounted for 580 units, representing 64.1%. Sales of the 'XM3 E-TECH Hybrid' increased by 161.3% compared to the same month last year.
The mid-size SUV QM6 sold 803 units last month, a 39% increase from the previous month. However, this was a 24.0% decrease compared to the same month last year. The LPG model, 'SUV QM6 LPe,' accounted for 552 units, nearly 70% of total QM6 sales.
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Sales of the mid-size sedan SM6 were recorded at 99 units, a 58.9% decrease compared to the same month last year. Gasoline models sold 52 units, and LPG models sold 47 units.
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