KGM Sells 9,517 Vehicles in October, Up 2.9% Year-on-Year
KG Mobility (KGM) announced on the 3rd that it sold 9,517 vehicles last month, marking a 2.9% increase compared to the same period last year.
Exports reached 5,980 units, a significant 26.1% increase from the same month last year. By model, sales volumes rose for the Musso EV (783 units), which began its global launch in Germany in September, as well as the Torres Hybrid (603 units) and the Korando (1,013 units).
Domestic sales totaled 3,537 units, a 21.5% decrease. KGM is strengthening its customer-centric sales policy in the domestic market by introducing a retail-focused operating system that allows customers to experience and understand the brand, including converting the Experience Center Busan into a dealership operating system to offer more specialized services.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- How Investment Strategies Differ Between 70s and 20s Retail Investors
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
A KGM representative stated, "Although domestic sales declined year-on-year due to reduced production volume during the Chuseok holiday period, overall sales increased from last year thanks to strong export performance. We plan to further increase sales volume through differentiated marketing strategies, such as expanding the global launch of new models like the Musso EV and reinforcing our customer-focused sales policy."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.