GM Korea’s Domestic Sales Rise 18.5% in September

News provided by GM Korea Company
Oct 01, 2013 14:12 KST

SEOUL--(Korea Newswire) October 01, 2013 -- GM Korea Company sold 13,252 vehicles in the domestic market in September, which was an increase of 18.5 percent from the same month last year, when GM Korea sold 11,181 vehicles domestically.

Domestic sales in the third quarter reached a record 39,962 units. Sales were up 21.1 percent from 32,990 units sold in the same period last year.

September domestic sales benefited from the Chevrolet Spark, which generated sales of 5,514 units with the new models introduced recently. In addition, sales of the Cruze - which added a new diesel entry last month - reached a new high, with 1,977 units sold in September.

The Chevrolet Orlando, which sold 1,644 units, had its best month this year. The Captiva, Damas and Labo likewise did well, with sales increasing 134.1 percent, 43.1 percent and 60.8 percent respectively from the same month last year.

In the fourth quarter, GM Korea will continue increasing its domestic sales by introducing new products featuring GM’s state-of-the-art technologies as well as promotions such as the Chevrolet Super Safety Project along with free and super-low interest rates in October.

Exports of complete vehicles in September were down 8.7 percent to 49,600 units from 54,338 units exported during the same month last year. GM Korea also exported 99,200 complete knockdown (CKD) kits of parts and components to be assembled into vehicles.

GM Korea’s sales in the first three quarters of 2013 totaled 572,385 units (105,158 units in the domestic market and 467,227 units in export markets, excluding CKD). Domestic sales were up 0.6 percent from 104,496 units sold in the same period last year, while exports dropped 1.9 percent from 476,056 units exported in the first three quarters of 2012. In addition, GM Korea exported 572,385 CKD products in the first nine months of 2013, a decrease of 1.4 percent from the same period last year.

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