In a market where the top two brands, Hyundai and Kia, control together over 70% of the market share and the top 10 best-selling models ranking is almost entirely held by the two Koreans.

Up to October 2023, the new best seller is a sedan, the very popular Hyundai Grandeur, which moves up  3 spots into leadership with 96,672 sales (+77.8%).

In second place previous year’s leader the Hyundai Porter with 82,367 sales (+8.2%) followed by the  Kia Sorento -down 1 spots- with 68,379 sales (+24.7%).

The Kia Carnival rises 2 spots into 4th with 58,695 sales (+32.9%) followed by the Kia Sportage with 58,028 new registrations (+33.6%), the Hyundai Avante with 54,394 units sold (+21.4%) and the Kia Bongo with 53,249 sales (-2.8%).

In 8th ranks the Kia Seltos -up 6 spots- with 42,633 new registrations (+21.3%) ahead of the Kia Ray with 42,089 units sold (+16.4%) and the Genesis G80 closing the top 10 with 38,084 sales (+0.0%).

Tables with sales figures

In the tables below we report sales for Top 50 models.

Market Trend and Outlook

The South Korean Vehicles Market in October 2023 falls for the second month in a row, with new sales at 137,819 (-5.0%). YTD figures at 1.42 million are up 5.0% from the previous year.

Looking at cumulative data up to October 2023 brand-wise, Hyundai maintains 1st with 523,582 sales (+16.5%), followed by Kia in 2nd with 469,781 new registrations (+7.2%), Genesis in 3rd with 104,984 units sold (-3.0%), BMW at 62,514 (-3.1%) and Mercedes in 5th with 60,988 sales (-4.4%).

SsangYong maintains 6th with 54,788 new registrations (-3.4%), in front of GM Korea at 33,525 sales (+0.6%) and Renault Samsung with 18,579 registrations (-57.6%).

Audi maintains 9th spot with 15,258 sales (-10.7%) in front of Volvo closing the Top 10 with 13,770 units sold (+37.7%).

Looking at specific models the Hyundai Grandeur is the best seller, rising 3 spots with an 77.8% increase in year-on-year sales. Previous year’s leader the Hyundai Porter falls into 2nd place despite being up 8.2%.

Medium-Term Market Trend

South Korean automotive industry has been closed to foreign vehicles import until 2012. Then, the entrance of several new competitors fueled the market growth and the domestic sales grew up until the 2015, when the all-time record was established at 1.8 million sales.

Then the market was steady until the 2020, when the strong control over the covid diffusion allowed plus incentives to support the industry, pushed up the market (+5.8%) to hit the new record of 1.87 million. In this data there was a sort of pull-ahead effect, due to the incentives and then market started to moderately decline again.

In 2021 the market lost 8.5% in volume, falling to 1.72 million cumulative sales and in 2022 also lost another 2.5%, dropping to 1.67 million sales.

Perspectives are not positive. The market is fast moving towards electrification, but the high prices offered for EVS is discouraging part of consumers. In addition the industry suffer for the supply chain disruption, for microchips shortage and demand for cars is declining.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Dutch Auto Market in October 2023 falls 2.3% following 9 consecutive positive months, reporting 28,230 new sales (-2.3%). YTD figures at 314,676 are up 24.4% from the previous year. Volkswagen becomes the market new leader, rising 47.3%.

Market Trend and Outlook

The Dutch auto market in October 2023 falls for 2.3% following 9 consecutive growths, reporting 28,230 new sales. YTD figures at 314,676 are up 24.4% from the previous year.

Looking at cumulative data up to October 2023, brand-wise Volkswagen rises 1 spot into 1st with 29,862 sales (+47.3%), followed by Kia at 28,688 (+12.0%), Toyota at 21,395 (+7.3%) and  Peugeot at 18,625 new registrations (+0.8%). 

Renault rises 3 spots into 5th with 17,253 sales (+37.0%), followed by Skoda at 17,184 (+33.8%) and Hyundai with 16,909 units sold (+15.0%).

BMW falls 2 spots into 8th position with 16,725 new sales (+17.7%), in front of Tesla -up 16 spot- at 14,924 (+648.1%) and Opel in 10th with 12,819 units sold (+25.2%).

Looking at specific models the Tesla Model Y becomes the new best selling car, rising 67 spots from the previous year with a 644.7% increase in sales. The Kia Picanto follows in second with a 52.7% year-on-year growth.

Medium-Term Market Trend

The Dutch Auto market presented many ups and downs in the past 12 years. It started in 2011 at 578k sales, the highest level of all the following years. A 3 year downtrend took sales to 384k in 2014 with  2015 and 2016 alternating trends, +18.1% and -16.2%, respectively.  From 2017 to 2019 car passenger sales grew overall despite the growth getting smaller each year.

The arrival of the pandemic shook the world markets and the dutch one was no exception, reaching the lowest level of the decade at 355k registrations (-19.9%).

It is clear that the fall of the pandemic has scarred the Dutch auto market. In fact, the market collapse continued through 2021 into 2022, with this past year totaling 311,429 sales, a 3.2% decrease compared to the prior one.

Although Europe is an important center for EV manufacturing, Germany in particular, the production costs haven’t been able to meet with the consumers willingness to pay, with the average cost of new BEVs at euro 55,821. Lack of raw materials and elevated costs for micro-chip production also pose a threat for the Dutch car passenger market, that is already having to confront higher prices and longer waiting times, pushing lower income consumers into the second hand market. These factors will continue to put negative pressure on sales going into 2023.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models

Syria’s vehicle market in H1 2023 reports 320 sales, growing 21.7% from the previous year. Hyundai collapses 40.7% while maintaining first position.

Market Trend and Outlook

The Syrian vehicle market in H1 2023 reports 320 sales, growing 21.7% following 4 consecutive losing years.

The only brands to be sold in the country at the moment are Hyundai with 48.8% market share despite losing 40.7% in sales from 2021 and Kia with 41.9% market share.

Medium-Term Market Trend

Not long ago Syria was the biggest car market in the Levant region. Only 10 years ago, with a volume of 87,500 annual sales, the Syrian new market represented a relevant reality within the region. Unfortunately, in this decade the country was destroyed by the civil war and terrorism and the entire economic structure collapsed, including the automotive industry.

Between 2010 and 2013 the market has lost more than half its sales a single year, with 2014 volumes at 23,955 units. The fall continued and the negative peak was hit in 2017 when the market lost 90% from 2010 at 7,978 units. In 2018 sales marginally recovered at near 10,000 units, but the data on 2019 was down again. In fact, total sales in 2019 were 8,347, down 15.8%.

Because of the COVID-19 pandemic, social and political instabilities in the country sales significantly decreased in  2020. In fact, sales have been 2,941, reporting a fall of 64.8% compared to 2019.

The downfall continued in 2021 with new light vehicle sales falling another 33.4% to 1,958.

Syria’s vehicle market in 2022 totaled 478 sales, a 75.6% fall from 2021 and the 4th consecutive losing year. November posts the only growth of the yearM, with 100 new light vehicle registrations (+11.1%).

Market Trend and Outlook

The Syrian vehicle market in 2022 totaled 478 sales, a 75.6% fall from 2021 and the 4th consecutive losing year. In fact the only month to report a positive year-on-year variation is November, that grew 11.1% with 100 new light vehicle registrations.

The only brands to be sold in the country at the moment are Hyundai with 96.9% market share despite losing 66.9% in sales from 2021 and Kia down 97.3% with just 3.1% market share.

Medium-Term Market Trend

Not long ago Syria was the biggest car market in the Levant region. Only 10 years ago, with a volume of 87,500 annual sales, the Syrian new market represented a relevant reality within the region. Unfortunately, in this decade the country was destroyed by the civil war and terrorism and the entire economic structure collapsed, including the automotive industry.

Between 2010 and 2013 the market has lost more than half its sales a single year, with 2014 volumes at 23,955 units. The fall continued and the negative peak was hit in 2017 when the market lost 90% from 2010 at 7,978 units. In 2018 sales marginally recovered at near 10,000 units, but the data on 2019 was down again. In fact, total sales in 2019 were 8,347, down 15.8%.

Because of the COVID-19 pandemic, social and political instabilities in the country sales significantly decreased in  2020. In fact, sales have been 2,941, reporting a fall of 64.8% compared to 2019.

The downfall continued in 2021 with new light vehicle sales falling another 33.4% to 1,958.

In a market where the top two brands, Hyundai and Kia, control together over 63% of the market share, the top 10 best-selling models ranking is entirely held by the two Koreans.

In 2022, the best seller is a light vehicle, the very popular Hyundai Porter, which confirms the previous year leadership, with 92,411 sales (+0.2%) and a safe gap over the followers to win the full year race.

In second place the Kia Sorento, up 3 spots, with 68,902 sales (-1.5%) followed by the  Hyundai Grandeur with 67,030 sales (+9.2%), down 1 spot.

In fourth place rises the Kia Bongo, with 64,826 sales (+8.5%) followed by the Kia Carnival with 59,058 (-19.4%), the Hyundai Avante with 58,743 (-17.3%) and the Kia Sportage with 55,394 (+39.3%) which benefited from the last generation success.

In 8th place the Hyundai Palisade with 49,737 (-5.0%) ahead of the Hyundai Sonata with 48,308 sales and the Hyundai Casper, rising 27 spots into 10th with 48,002 sales (+344.2%).

Remarkable the success of other models, like the Kia  EV6 in 26th (+125.5%), the Genesis G90 in 28th  (+356.5%) and the new Ssangyong Torres in 29th.

Tables with sales figures

In the tables below we report sales for Top 50 models.

Market Trend and Outlook

The South Korean vehicles market in 2022 totals 1.67 million sales, a 2.4% decrease in sales compared to the prior year. Despite the overall downtrend, in December sales grew for the 5th month in a row, posting 160,726 new registrations (+5.2%).

Looking at cumulative data from 2022 brand-wise, the Top 5 remain unchanged from the previous year: Hyundai in 1st with 553,839 sales (-6.3%), Kia in 2nd with 541,068 (+1.1%), Genesis in 3rd with 135,045 registrations (-2.7%) followed by Mercedes with 80,976 (+6.3%) and BMW in 5th with 78,545 (+19.6%).

SsangYong ranks in 6th with 68,657 new registrations (+21.8%), in front of Renault Samsung at 52,621 sales (-13.9%) and GM Korea with 37,237 registrations (-31.4%).

Audi remains in 9th with 21,402 sales (-16.4%) in front of Volkswagen closing the Top 10 with 15,791 (+9.9%).

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Dutch Auto Market closes 2022 3.2% lower than the previous year, totaling 311,429 sales. December reports 30,841 new registrations (-13.4%). Hyundai up 26.9%.

Market Trend and Outlook

In December 2022 the momentum built up in the Dutch auto market in the previous 4 months slows down, with 30,841 new car sales (-13.4%). Cumulative data from 2022 totals 311,429 car registrations, a 3.2% decrease from the prior year.

Looking at comprehensive data from 2022, brand-wise Kia moves into 1st with 30,115 (+0.2%), followed by Volkswagen with 26,174 (-15.9%), Toyota with 25,400 (+10.3%) and  Peugeot with 21,327 sales (+3.6%). 

BMW with 17,414 (-7.3%) moves up 1 spot into 5th, followed by Hyundai -up 5 spots- with 17,144 (+26.9%) and Renault with 16,587 sales (+1.3%).

Skoda drops 3 spots into 8th with 15,050 (-26.1%), preceding Audi at 13,890 (+9.9%) and Opel with 13,515 (-12.1%).

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models

In a market where the top two brands, Hyundai and Kia, control together a dominating percentage of the market share, the top 10 best-selling models ranking is entirely held by the two Koreans except for the Genesis G80.

The best-seller in 2021 is the Hyundai Porter, with 92,218 units sold (5.4% share).

In second place, overtaken by the new leader, the Hyundai Grandeur with 5.2% market share and 89,084 units sold, ahead of the rising Kia Carnival, jumping 5 spots with 73,233 units sold (4.3% share).

In fourth position the Hyundai Avante -down 1 spot- with 71,031 units (4.1% share) followed by the Kia Sorento with 69,934 units (4.1% share) and the Hyundai Sonata with 63,109 units (3.7% share).

In seventh place the Kia Bongo with 59,729 units (3.5% share), ahead of the Kia K5 which ended up in eighth position -down 4 spots-, with 59,499 units (3.5% share).

The Genesis G80 rose 2 positions registering 59,463 units sold (3.5% share), followed by the Hyundai Palisade which fell 3 spots with 52,338 units sold (3.1% share).

Tables with sales figures

In the tables below we report sales for Top 50 models.

Syria’s vehicle market in 2021 drops by 33.4% with 1,958 sales, reporting positive performances only in Q2 and Q3, and dropped in double-digits the rest of the year. Leader Hyundai keeps losing share to the follower Kia.

Market Trend

The Syrian car market this year failed to recover from the pandemic crash in 2020, and reported positive performances in only Q2 and Q3.

Not long ago Syria was the biggest car market in the Levant region. Only 10 years ago, with a volume of 87,500 annual sales, the Syrian new market represented a relevant reality within the region. Unfortunately, in this decade the country was destroyed by the civil war and terrorism and the entire economic structure collapsed, including the automotive industry.

Between 2010 and 2013 the market has lost more than half its sales a single year, with 2014 volumes at 23,955 units. The fall continued and the negative peak was hit in 2017 when the market lost 90% from 2010 at 7,978 units. In 2018 sales marginally recovered at near 10,000 units, but the data on 2019 was down again. In fact, total sales in 2019 were 8,347, down 15.8%.

Because of the COVID-19 pandemic, social and political instabilities in the country sales significantly decreased in  2020. In fact, sales have been 2,941, reporting a fall of 64.8% compared to 2019.

In 2021 the year started very negatively for the Syrian market, in fact, in Q1 404 units have been sold, reporting a 66% decrease in sales compared to Q1 2020, while in Q2 sales started growing quickly due to the extremely low units in Q2 2020, reporting a 261.7% increase in sales with 604 units sold.

In Q3 sales remained up 68.7% with 636 units sold, while in Q4 sales dropped a huge 73.6% with 314 units sold.

Indeed, Full-Year sales for 2021 have been 1,958, reporting a 33.4% decrease compared to 2020.

Brand-wise, only 2 brands have sold vehicles in the country: the leader Hyundai fell 34.9% and lost 1.6% share, while Kia lost 29.5% sales, gaining the 1.6% share Hyundai lost.

The most sold vehicle this year remains the Hyundai Tucson (-40%) with 499 units sold, followed by the Hyundai H-1 (+104.2%) -up 4 spots- registering 337 new sales this year.