KGM Sells 8,971 Units in November... Exports Up 5% Year-on-Year

Active Response to the Domestic Market

KG Mobility (KGM) announced on December 1 that it sold a total of 8,971 vehicles last month, including 3,121 units in the domestic market and 5,850 units for export. This represents a 1.4% increase compared to the same month last year.

By vehicle type, sales of eco-friendly models such as the Korando (1,163 units), Torres EVX (853 units), Torres Hybrid (675 units), Musso EV (497 units), and Actyon Hybrid (280 units) increased, showing an upward trend.

Following large-scale global launches of the Musso EV and Torres Hybrid in the German market, KGM held new product launch events targeting dealerships and members of the press in individual countries such as T?rkiye and Israel in October and November, stepping up efforts to penetrate these markets.

Domestic sales decreased compared to the same month last year due to a decline in Musso EV sales. However, steady growth in sales of the Torres and Actyon Hybrid continued to drive positive performance.

A KGM official stated, "Electric vehicle sales declined compared to the previous month due to the exhaustion of subsidies, but thanks to increased export volume, sales showed an upward trend compared to the same month last year. We will continue to actively respond to the domestic market and increase sales volume by strengthening customer benefits through the 'Slim Pay Plan Installment Program,' which guarantees the highest level of residual value for used cars in Korea."

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