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Chevrolet Korea Sales Decreased 25 Percent In July 2019

Chevrolet Korea sales decreased 25 percent to 6,754 units in July 2019.

Individual model sales performance was as follows:

During the first seven months of 2019 calendar year, Chevrolet Korea sales decreased 18 percent to 42,352 units.

Sales Results - July 2019 - South Korea - Chevrolet

MODELJUL 2019 / JUL 2018JULY 2019JULY 2018YTD 2019 / YTD 2018 YTD 2019YTD 2018
BOLT EV-66.40% 293872-50.63%1,972 3,994
CAMARO-14.29% 1214-5.04%113 119
DAMAS-26.51% 280381-10.57%2,040 2,281
EQUINOX+32.46% 253191+131.94%1,336 576
IMPALA-74.45% 35137-67.60%312 963
LABO-25.21% 270361-10.68%2,049 2,294
MALIBU-29.18% 1,2841,813+1.38%8,135 8,024
SPARK-7.50% 3,3043,572-6.74%19,080 20,459
TRAX-12.49% 9951,137+20.97%7,228 5,975
CHEVROLET TOTAL-24.96% 6,7549,000-17.74%42,352 51,487

The Chevrolet Equinox was the only model to post an uptick in sales volume during July 2019 in South Korea

The GM Authority Take

Chevrolet Korea sales fell again in July, with eight of the brand’s nine models offered in that market posting decreases in sales volume. The Chevrolet Equinox was the only exception to that turn of events, as it was the only Bow Tie model to see sales grow in July. Chevy’s compact SUV has registered a significant increase in year-to-date deliveries, but that’s mostly a result of July 2018 being the second month of Equinox sales in the South Korean market.

The Chevrolet Spark is the brand’s best selling model in South Korea

Despite the negative trend in Chevrolet Korea sales, it is worth noting that the 6,754 units sold in July represent the highest monthly sales figure that the brand has seen thus far in 2019 in the market. July also saw the brand’s two South Korean best-sellers – the Chevrolet Spark and Chevrolet Malibu – post monthly sales records thus far this year, with 3,304 and 1,284 deliveries, respectively.

About The Numbers

  • All percent change figures compared to Chevrolet Korea July 2018 sales, except when noted
  • South Korea sales figures reflect actual vehicle registrations rather than wholesales

Further Reading & Sales Reporting

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

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Comments

  1. Hopefully GM won’t pull out of Korea, I think the lower sales are due to the labor dispute..

    Reply
  2. Can GM actually make money with such tiny sales even in good times.

    Reply
  3. Korea is in a trade war with Japan. It’s really hurting their semiconductor industry. Which is their #1 export. It’s also making it really cheap to export vehicles from Korea.

    Reply

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