GM Korea's Sept. sales surge 73.3% on strong exports
GM Korea, the Korean unit of General Motors, said Thursday its sales surged 73.3 percent in September from a year earlier, driven by strong overseas demand. The company sold 41,101 vehicles last month, up from 23,723 units a year earlier, on robust sales of the Chevrolet Trax Crossover and the Trailblazer sport utility vehicle (SUV), GM Korea said in a press release. Domestic sales fell 40.9…
General Motors Korea reported a dramatic 73.3% increase in sales for September compared to the same month last year. The surge was fueled by robust demand for its vehicles in overseas markets. In that month alone, GM Korea sold 41,101 vehicles, up from 23,723 units in September 2022. This growth was primarily due to the popularity of the Chevrolet Trax Crossover and the Trailblazer sport utility vehicle (SUV).
However, domestic sales dropped 40.9% to 727 units from 1,231, while exports jumped 79.5% to 40,374 units from 22,492. Over the first nine months of the year, sales increased 17% to 381,785 units from 326,381, with domestic sales falling 36.4% to 7,495 and exports rising 19% to 374,290. GM Korea employs a dual strategy, selling both locally assembled and imported vehicles, the latter including the GMC Sierra Denali. The Buick Electra E7 plug-in hybrid SUV is anticipated to join the lineup in the near future.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- KG Mobility's Sept. sales fall 16.7 pct en.yna.co.kr
