korea vehicles figures Archives | Focus2Move https://www.focus2move.com/tag/korea-vehicles-figures/ automotive, research, data, statistics, cars, vehicles, ranking, forecast Thu, 16 Nov 2023 15:18:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 South Korea 2023. Renault Loses 57.6% In Vehicle Market Down 5.0% In October https://www.focus2move.com/korean-vehicles-market/ Wed, 15 Nov 2023 20:30:24 +0000 http://focus2move.com/?p=29360 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%. Renault Samsung is down more than 57.6%.

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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%. Renault Samsung is down more than 57.6%.

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.

This content is for members only. Visit the site and log in/register to read.
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South Korea 2022. Vehicle Market Closes With 2.4% y/y Loss https://www.focus2move.com/korean-vehicles-market-2022/ Fri, 20 Jan 2023 13:30:44 +0000 https://www.focus2move.com/?p=78032 South Korean Vehicles Market totals 1.67 million sales (-2.4%). In December sales grew for the 5th month in a row, with 160,726 new registrations (+5.2%).

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South Korean Vehicles Market totals 1.67 million sales (-2.4%). In December sales grew for the 5th month in a row, with 160,726 new registrations (+5.2%).

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.

This content is for members only. Visit the site and log in/register to read.
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South Korea 2021. Genesis Shines In Market Unable To Sustain Previous Growth https://www.focus2move.com/korean-vehicles-market-2021/ Mon, 24 Jan 2022 10:28:08 +0000 https://www.focus2move.com/?p=74225 South Korean Auto market in 2021 falls by 2.1% with 1.84 million sales, reporting a double-digits fall in sales in Q2 and Q3. Genesis reports the best performance on the leaderboard, rising an impressive 36.1%.

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South Korean Auto market in 2021 falls by 2.1% with 1.84 million sales, reporting a double-digits fall in sales in Q2 and Q3. Genesis reports the best performance on the leaderboard, rising an impressive 36.1%.

Market Trend

The South Korean car market this year attempted to maintain the growth experienced the previous year despite the pandemic, but unfortunately fell in double-digits in Q2 and Q3.

The market has been closed to foreign vehicles import until the recent (2012) FTA with the EU. The entrance of many new competitors fueled the market growth in these years and the all-time record sales had been established in three years in a row in the period 2014-2016, with the record fixed at 1.83 million units.

On 26 March 2017, the U.S. and Korea agreed to revise their bilateral free trade agreement. The agreement—which would improve U.S. access to Korea’s automobile market and require Korea to curb its steel exports to the U.S. in return for an exemption from higher U.S. steel tariffs. The industry continued to assist at the growth of imported vehicles, mainly luxury brands, while in 2017 and was stable at around 1.8 million units. In 2019, the market fell marginally down, at 1.77 million sales.

Despite the COVID-19 pandemic sales increased in  2020. In fact, sales have been 1,874,630, reporting an increase of 5.9% compared to 2019.

In 2021 the year started positively for the South Korean market, in fact, in Q1 431,505 units have been sold, reporting a 11.3% increase in sales compared to Q1 2020, but in Q2 sales started falling in double-digits, reporting a 12.6% decrease with 470,336 units sold.

In Q3 sales kept falling in double-digits, losing 14.4% with 388,460 units, and started rising again in Q4 with 545,880 units (+10.2%).

Indeed, Full-Year sales for 2021 have been 1.84 million, reporting a 2.1% decrease compared to 2020. 

South Korea quarterly sales variation
South Korea quarterly sales variation

Brand-wise, this year the leader Hyundai (-4.1%) lost 0.9% market share, followed by Kia (+4.8%), which gained 1.9% share. Genesis (+36.1%) gained 2.2% market share and reported the best performance on the leaderboard.  Mercedes reached 4th place and lost 0.9%, followed by Renault Samsung which fell 1 spot and lost 31.1%.

BMW jumped in 6th place -up 2 spots- (+12.5%), followed by SsangYong (-28.1%) -down 2 spots- and GM Korea which lost 2 spots and fell 31.3% sales, reporting the worst performance. Closing the leaderboard we have Audi gaining 0.4% and Volvo entering the leaderboard, gaining 19.2%.

The most sold vehicle this year has been the Hyundai Porter (+2.9%) with 98,507 units sold, followed by the Hyundai Grandeur, which lost 35% registering 94,557 new sales this year. The Hyundai Avante (-15.1%) closes the podium and reports 74,473 new units sold.

Tables with sales figures

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

This content is for members only. Visit the site and log in/register to read.
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South Korea 2020. Auto Market grows 5.9% despite the world-wide pandemic affecting sales https://www.focus2move.com/korean-vehicles-market-2020/ Tue, 02 Feb 2021 14:51:21 +0000 https://www.focus2move.com/?p=71197 South Korean auto market in 2020 rises by 5.9% as the pandemic and lockdowns affect sales. Full-Year sales have been 1.87 Million. Audi impresses by rising 113.9% and Volkswagen enters the leaderboard by gaining 107% and jumping 8 spots.

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South Korean auto market in 2020 rises by 5.9% as the pandemic and lockdowns affect sales. Full-Year sales have been 1.87 Million. Audi impresses by rising 113.9% and Volkswagen enters the leaderboard by gaining 107% and jumping 8 spots.

Market Trend

The Korean car market has grown in 2020 despite the global pandemic and restrictions damaging the economy.

The market has been closed to foreign vehicles import until the recent (2012) FTA with the EU. The entrance of many new competitors fueled the market growth in these years and the all-time record sales had been established in three years in a row in the period 2014-2016, with the record fixed at 1.83 million units.

On 26 March 2017, the U.S. and Korea agreed to revise their bilateral free trade agreement. The agreement—which would improve U.S. access to Korea’s automobile market and require Korea to curb its steel exports to the U.S. in return for an exemption from higher U.S. steel tariffs. The industry continued to assist at the growth of imported vehicles, mainly luxury brands, while in 2017 and was stable at around 1.8 million units. In 2019, the market fell marginally down, at 1.77 million sales.

However, the South Korean market in 2020 started in a very negative tone with sales in January down 13.1%. Several local factories suspended production due to component shortage caused by the Coronavirus outbreak, leading to 19.1% fewer sales in February. Nevertheless, the only other negative month this year has been August (-3.3%). The highest increase in sales was reported in June (+43.5%), but also September’s performance has been very impressive (+26.8%).

Indeed, Full-Year sales for 2020 have been 1.874.630, reporting an increase of 5.9% compared to 2019.

South Korea monthly variation in sales 2020
South Korea monthly variation in sales 2020

Brand-wise, this year the leader Hyundai (-0.4%) lost 2.2% market share, followed by Kia (+7%), which gained 0.4% share. Genesis (+90.8%) gained 2.6% market share and reached third place -up 4 spots-.  Renault Samsung remained in 4th place and grew 10.6%, followed by SsangYong which fell 2 spots and lost 18.8%, registering the worst performance in the leaderboard.

GM Korea jumped in 6th place -up 25 spots-, followed by Mercedes (-1.5%) -down 2 spots- and BMW which lost 32.1% sales. Closing the leaderboard we have Audi -up 1 spot- registering the best performance in the leaderboard by gaining 113.9% and Volkswagen entering the leaderboard by jumping 8 spots, gaining 107%.

The most sold vehicle this year has been the Hyundai Grandeur (+44.6%) with 145.463 units sold, followed by the Hyundai Porter, which lost 4.6% registering 95.694 new sales this year. The Hyundai Avante (+37.4%) closes the podium by jumping 2 spots and reports 87.731 new units sold.

Tables with sales figures

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

This content is for members only. Visit the site and log in/register to read.
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South Korea. Market down 1.9% while Hyundai & Kia held 67.3% https://www.focus2move.com/korean-vehicles-market-2019/ Fri, 10 Jan 2020 10:44:52 +0000 https://focus2move.com/?p=59494 Korean Vehicles Market was marginally declining in 2019 while remaining not far from the best level ever. Indeed, the Full-year ended with 1.77 million sales, down 1.9% from the previous year. Hyundai and Kia still dominated, while their combined market share at 67.3% fell down over 7 points from 2012.

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Korean Vehicles Market was marginally declining in 2019 while remaining not far from the best level ever. Indeed, the Full-year ended with 1.77 million sales, down 1.9% from the previous year. Hyundai and Kia still dominated, while their combined market share at 67.3% fell down over 7 points from 2012.

Economic Environment

South Korean economic growth was stable in the third quarter, according to revised GDP data. Private and government consumption growth remained robust, despite weakening slightly, while fixed investment declined at a softer pace and growth in exports of goods and services accelerated.

Shifting focus to the fourth quarter, the economy appears more or less on an even keel: Consumer confidence hit a seven-month high in November, while the service sector held up fairly well in October, boding well for household spending.

Meanwhile, in other news, Korea and Indonesia agreed to a free-trade deal in late November, which is expected to be ratified next year. The deal plans to eliminate tariffs on steel and automobiles, which should benefit Korean manufacturers and provide some relief to the external sector.

Market Trend

South Korean vehicles market has been closed to foreign vehicles import until the recent (2012) FTA with EU. The entrance of many new competitors fueled the market growth in these years and the all time record sales had been established in three years in a row in the period 2014-2016, with the record fixed at 1.83 million units.

On 26 March 2017, the U.S. and Korea agreed to revise their bilateral free trade agreement. The agreement—which would improve U.S. access to Korea’s automobile market and require Korea to curb its steel exports to the U.S. in return for an exemption from higher U.S. steel tariffs. The industry continued to assist at the growth of imported vehicles, mainly luxury brands, while in the 2017 and was stable around the 1.8 million units.

In 2019, according to data released by KAMA and KAIDA, the South Korean Car Passenger’s market was marginally negative. Indeed, the Full-year ended with 1.77 million sales, down 1.9% from the previous year.

The market was dominated by Hyundai and Kia, despite in recent years they are losing share. Indeed, from a record 75% of combined share in the 2012, actually they have 67.3%, over 7 points lost. Total domestic brands have been actually just over 80% of market share, down 9 points of share since 2012.

The top imported brands were Mercedes, holding over 4% of market share from 0.1% in 2011, BMW, at 2.5% and Lexus at 0.7%.

Service Solutions

Since 2010, focus2move.com is a specialist in the automotive industry tracking monthly sales for all brands and models in the widest in the World range of countries, actually over 150. From this huge database we can extract data sorted under your own conditions and deliver historical data in excel. 

If you like to receive historical data or to subscribe at monthly update, contact us at kventura@focus2move.com and we will arrange a short video call. By showing you our database and segmentation, we can find together the best solutions for your team.

Rank 2019Rank 2018BrandSales 2019Sales December+/- YTDShare 2019Share December
11Hyundai675.40264.7322,4%38,12%36,31%
22Kia516.17145.843-2,9%29,14%25,71%
33SsangYong107.9498.432-1,1%6,09%4,73%
45Renault Samsung86.7559.876-4,0%4,90%5,54%
56Mercedes78.0368.32410,2%4,40%4,67%
64Chevrolet76.5205.618-18,0%4,32%3,15%
77Genesis56.6964.600-7,6%3,20%2,58%
88BMW44.1915.130-13,1%2,49%2,88%
911Lexus12.241840-8,2%0,69%0,47%
1012Audi11.9302.302-4,2%0,67%1,29%
1118Jeep10.7061.09241,1%0,60%0,61%
129Toyota10.6111.323-36,7%0,60%0,74%
1316Volvo10.57076524,0%0,60%0,43%
1430Chrysler10.25110.2510,58%5,75%
1515Mini10.2221.27411,2%0,58%0,71%
1617Honda8.7601.04510,1%0,49%0,59%
1714Ford8.7371.228-24,6%0,49%0,69%
1810Volkswagen8.5102.804-44,7%0,48%1,57%
1913Land Rover7.713982-34,5%0,44%0,55%
2021Porsche4.204390-1,9%0,24%0,22%
2120Peugeot3.505297-21,7%0,20%0,17%
2219Nissan3.049324-39,7%0,17%0,18%
2322Jaguar2.484201-32,9%0,14%0,11%
2423Infiniti2.000138-6,1%0,11%0,08%
2524Cadillac1.714172-18,4%0,10%0,10%
2625Maserati1.260147-24,1%0,07%0,08%
2726Citroen962126-8,6%0,05%0,07%
2829Lamborghini173181472,7%0,01%0,01%
2928Rolls-Royce1611130,9%0,01%0,01%
3027Bentley12911-40,0%0,01%0,01%

Rank 2019Rank 2018GroupSales 2019Sales December+/- 2019Share 2019Share December
11Hyundai-Kia1.248.269115175-0,4%70,61%64,60%
22Mahindra Group107.9498432-1,1%6,11%4,73%
33Renault Nissan Alliance91.80410338-5,9%5,19%5,80%
44General Motors78.2345790-18,0%4,43%3,25%
55Mercedes Daimler78.036832410,2%4,41%4,67%
66BMW54.5746415-9,3%3,09%3,60%
77Volkswagen Group24.9465525-22,9%1,41%3,10%
88Toyota Group22.8522163-24,1%1,29%1,21%
911F.C.A.22.21711490140,2%1,26%6,44%
1012Geely Group10.57076524,0%0,60%0,43%

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South Korea 2018. Market flat, while importers grew at 14.6% https://www.focus2move.com/korean-vehicles-market-2018/ Thu, 10 Jan 2019 16:29:18 +0000 https://focus2move.com/?p=44620 Korean Vehicles Market in 2018 registered a marginal improvement - up 1.3% from last year - ending with 1.806.609. Importers improved their mix at 14.6% thanks to the re-start of Volkswagen operations while General Motors has lost 29%.

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Korean Vehicles Market in 2018 registered a marginal improvement – up 1.3% from last year – ending with 1.806.609. Importers improved their mix at 14.6% thanks to the re-start of Volkswagen operations while General Motors has lost 29%.

Economic Environment

South Korean economic growth decelerated significantly in the third quarter compared to the second quarter, although this was partly due to a high base effect. The slowdown in Q3 was most evident in fixed investment. In terms of the fourth and final quarter of 2018, the economy has shown mixed signs so far. In December, the Bank of Korea’s business confidence survey posted the most pessimistic reading since January 2017, boding poorly for fixed investment.

Turning to next year, higher government spending should support economic activity. Moreover, although monetary policy will be tighter, it will remain accommodative by historical standards. However, significant global trade tensions, an economic slowdown in China and elevated domestic household debt threaten the outlook.

Market Trend

On 26 March 2017, the U.S. and Korea agreed to revise their bilateral free trade agreement. The agreement—which would improve U.S. access to Korea’s automobile market and require Korea to curb its steel exports to the U.S. in return for an exemption from higher U.S. steel tariffs

South Korean vehicles market has been closed to foreign vehicles import until the recent (2012) FTA with EU. The entrance of many new competitors fueled the market growth in these years and the all time record sales had been established in three years in a row, with 2016 above 1.8 million units. In the 2017 the market was penalized by a slow start of the year and the second half recovery was not enough to break a new record again, with light vehicles sales ended at 1.814.399 units (-1.1%), the third best performance ever.

According to data released by KAMA and KAIDA, in the 2018 the South Korean Car Passenger’s market is stable. Indeed, the year ended with 1.806.609 units sold, improving 1.3% from last year. Thus, the market is back on track after the marginal fall registered in 2017.

Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018'+/- 2018
1.613.3231.824.2881.834.7841.784.0371.806.6091,3%

Competitive Arena

Brand-wise, Hyundai is the 2018 market leader having 659.743 units (-0.8%). Kia is following with 531.700 (+1.9%).

In third place SsangYong with 109.140 units (+2.3%) followed by GM Korea (Chevrolet in the table) with 93.317 (-29.5%), Renault Samsung with 90.369 (-10.1%), Mercedes with 70.798 (+2.8%), Genesis with 61.335 (+158.8%) and BMW with 50.824 (-14.8%).

At model-wise, the 2018 best-selling car is the Hyundai Grandeur, for the second consecutive time, with 113.101 sales (-14.4%) followed by the Hyundai Santa Fe with 107.202 (+107.5%) and the Hyundai Porter with 97.995 (-3.4%).

The list of top 100 models in this and recent years is in the dedicated section.

Research, Consulting, Data & Forecast

F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2025. AutoData in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.  See details within South Korea Corner Store.

Rank 2018Rank 2017Sales 2018Sales 2017'+/- 2018
11Hyundai659.743665.245-0,8%
22Kia531.700521.5501,9%
34SsangYong109.140106.6772,3%
43Chevrolet93.317132.377-29,5%
55Renault Samsung90.369100.536-10,1%
66Mercedes70.79868.8612,8%
78Genesis61.33523.704158,8%
87BMW50.82459.624-14,8%
910Toyota16.77411.69843,4%
1029Volkswagen15.390-
119Lexus13.34012.6035,8%
1225Audi12.4509621194,2%
1312Land Rover11.77210.7409,6%
1411Ford11.58611.5860,0%
1514Mini9.1919.562-3,9%
1616Volvo8.5246.60429,1%
1713Honda7.95610.299-22,7%
1829Jeep7.590-
1917Nissan5.0536.285-19,6%
2019Peugeot4.4783.69721,1%

Rank 2018Rank 2017Sales 2018Sales 2017'+/- 2018Share 2018
11Hyundai-Kia1.252.7781.210.4993,5%69,3%
24Mahindra Group109.140106.6772,3%6,0%
33Renault Nissan Alliance97.552109.518-10,9%5,4%
42General Motors95.418134.385-29,0%5,3%
56Mercedes Daimler70.79868.8612,8%3,9%
65BMW60.13869.273-13,2%3,3%
714Volkswagen Group32.3514.034702,0%1,8%
87Toyota Group30.11424.30123,9%1,7%
98Tata15.47314.8654,1%0,9%
109Ford Group11.58611.5860,0%0,6%

Rank 2018Rank 2017ModelSales 2018Sales 2017'+/- 2018
11Hyundai Grandeur113.101132.080-14,4%
210Hyundai Santa fe107.20251.661107,5%
32Hyundai Porter97.995101.423-3,4%
47Kia Carnival76.36268.38611,7%
53Hyundai Avante75.83183.861-9,6%
65Kia Sorento67.20078.458-14,3%
74Hyundai Sonata65.84682.703-20,4%
88Kia Bongo59.25462.184-4,7%
96Kia Morning59.04270.437-16,2%
1026Hyundai Kona50.46823.522114,6%
1114Hyundai Grand Starex50.18045.7769,6%
1218Kia K548.50338.18427,0%
1322Kia K344.51428.16558,0%
149Ssangyong Tivoli43.89755.280-20,6%
1513Hyundai Tucson42.62346.416-8,2%
1627SsangYong Korando Sports42.02122.91283,4%
1712Kia K740.97846.578-12,0%
1811Chevrolet Spark39.86847.244-15,6%
1921Mercedes E Class38.56832.41419,0%
2015Kia Sportage37.40342.232-11,4%
2116Genesis G8037.21939.762-6,4%
2224BMW 5 Series35.00324.11945,1%
2323Samsung QM632.99927.83718,5%
2419Hyundai H-1 Truck31.23735.368-11,7%
2528Kia Ray27.02120.52131,7%
2617Samsung SM624.80039.389-37,0%
2725Kia Niro22.81123.647-3,5%
2820Chevrolet Malibu17.05233.325-48,8%
2930SsangYong G4 Rexton16.67416.3811,8%
3039Kia Stonic16.3059.13378,5%

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South Korea 2016. New record failed on foto-finish https://www.focus2move.com/south-korea-vehicles-market-2016/ Tue, 24 Jan 2017 06:00:23 +0000 http://focus2move.com/?p=25937 South Korea Vehicles Market 2016 hasn't beaten the all time record of the previous year just for 12.200 units, not fueled by weakening fundamentals and the political fallout.

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South Korea Vehicles Market 2016 hasn’t beaten the all time record of the previous year just for 12.200 units, not fueled by weakening fundamentals and the political fallout.

Market Outlook

Korea’s bleak outlook, fueled both by weakening fundamentals and the country’s political fallout, also hit operating conditions and economic sentiment in November, as reflected in the PMI, which remained firmly entrenched below the 50-point threshold, and in consumer confidence, which plunged to a seven-year low.

As regard the domestic vehicles sales in 2016, the market recorded for the 2nd consecutive year over 1.8 million units, although the registrations declined sharply throughout the second semester.

Indeed, according to data released by KAMA and KAIDA, the two South Korean Associations of Automotive Manufacturers, in December the vehicles passengers had been 184.968, down 7.6%.

In the full year the vehicles passengers had been 1.812.079 (-0.7%), not beating the previous all time record established in 2015 for only 12.200 units.

Competitive Arena

In the 2016 Hyundai was on top posting over 654.000 units (-8.3%), while among the highest growths of the year had been scored by Honda, Land Rover, Renault Samsung, Lexus, Ford and Mercedes. The best performances were reported by Citroen (+162.9%).

Volkswagen hit the sharpest slowdown, losing 63.2%, followed by other lost at lower level for Audi, Peugeot, Lincoln, and Porsche.

At model wise, the Hyundai Porter was the leader with 96.950 sales (-2.8%)  followed by the Hyundai Avante with 93.804 units (-6.6%) and the Hyundai Sonata with 82.203 (-24.2%).

The Kia K7 and Chevrolet Malibu shined improving respectively 169.5% at 56.060 units and 123.8% at 36.658 sales.

The detailed report on the best-selling cars, with top 100 models score see the report dedicated.

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2022.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our South Korea Corner Store.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank DecRank 2016BRANDSales DecemberSales 2016 FYVariation DecemberVariation 2016 FYShare DecemberShare 2016
11Hyundai71.109654.738-13,3%-8,3%38,4%35,7%
22Kia49.600535.001-7,0%1,4%26,8%29,2%
33Chevrolet18.313182.0750,1%14,9%9,9%9,9%
44Renault Samsung14.078111.10137,5%38,8%7,6%6,1%
55SsangYong10.700103.554-5,7%3,9%5,8%5,6%
76Mercedes5.62556.34313,6%19,9%3,0%3,1%
67BMW5.83448.45911,7%1,2%3,2%2,6%
98Genesis1.05223.3280,6%1,3%
199Audi23616.718-91,8%-48,7%0,1%0,9%
10Volkswagen13.178-100,0%-63,2%0,0%0,7%
1111Land Rover96210.601-27,0%45,9%0,5%0,6%
812Lexus1.42410.59423,1%33,2%0,8%0,6%
1213Ford9099.59336,7%27,8%0,5%0,5%
1014Toyota9719.2657,3%18,4%0,5%0,5%
1315Mini6048.632-20,9%15,2%0,3%0,5%
1716Honda4826.63663,4%47,1%0,3%0,4%
1417Nissan5275.733-15,0%-0,1%0,3%0,3%
1818Volvo4665.20628,4%22,8%0,3%0,3%
1619Jeep5005.092-11,3%4,1%0,3%0,3%
1520Jaguar5063.79852,4%35,0%0,3%0,2%
2021Peugeot2143.622-33,5%-48,3%0,1%0,2%
2322Infiniti1583.201-64,7%7,7%0,1%0,2%
2523Porsche1013.187-45,7%-17,4%0,1%0,2%
24Lincoln1.627-100,0%-42,7%0,1%
2225Citroen171876307,1%162,9%0,1%
2126Chrysler213867-68,9%-55,1%0,1%
2427Cadillac1317944,0%-10,4%0,1%
2628Fiat70658-2,8%7,0%
2929Bentley1170-96,0%-55,8%
30DS64-100,0%-71,6%
2831Rolls-Royce553-44,4%-15,9%
2732Lamborghini720

Rank DecRank 2016GROUPSales DecemberSales 2016 FYVariation DecemberVariation 2016 FYShare DecemberShare 2016 FY
11Hyundai-Kia121.7611.213.067-10,1%-2,3%65,8%66,1%
22General Motors18.444182.8690,2%14,8%10,0%10,0%
33Renault-Nissan14.763120.03530,6%35,3%8,0%6,5%
44Mahindra Group10.700103.554-5,7%3,9%5,8%5,6%
55BMW6.44357.1447,4%3,1%3,5%3,1%
66Mercedes Daimler5.62556.34313,6%19,9%3,0%3,1%
147Volkswagen34533.273-94,0%-54,2%0,2%1,8%
78Toyota2.39519.85916,1%25,8%1,3%1,1%
89Tata1.46814.399-11,0%42,8%0,8%0,8%
910Ford90911.220-10,3%8,4%0,5%0,6%

Rank DecRank 2016ModelSales DecemberSales 2016Variation DecemberVariation 2016
11HYUNDAI AVANTE13.45499.4590,0%-1,0%
23Hyundai Sonata12.67887.6240,0%-19,2%
34Hyundai Santa fe12.18980.5880,0%-13,3%
49Hyundai Grandeur11.20062.6860,0%-28,1%
57Kia Morning10.05777.0090,0%-12,9%
612Kia Sportage9.54155.6140,0%5,5%
72Hyundai Porter8.41695.3930,0%-4,4%
816Kia K58.07949.3240,0%-15,9%
96Chevrolet Spark6.87977.8350,0%32,0%
105Kia Sorento6.20179.6240,0%2,4%
1118Hyundai Genesis5.97244.6790,0%14,8%
1213Hyundai Tucson5.73652.5260,0%-8,5%
1310Ssangyong Tivoli5.21256.5340,0%25,6%
148Kia Carnival4.82564.9710,0%-3,8%
1511Kia Bongo4.19155.8990,0%-9,6%
1617Hyundai Grand Starex3.81645.6100,0%-5,7%
1719Kia K33.61136.9260,0%-13,9%
1826Samsung QM33.01816.3020,0%-33,6%
1929Chevrolet Impala2.69913.5330,0%95,8%
2027Hyundai Accent2.65714.7600,0%-19,3%
2124Mercedes E Class2.64318.5880,0%-5,4%
2223Kia Ray2.59920.9580,0%-19,3%
2321SsangYong Korando Sports2.57826.0100,0%0,4%
2443Samsung SM52.5538.4840,0%-64,5%
2532Kia Pride2.40212.9950,0%-34,0%

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