GM Korea Sales Decrease 14 Percent In August 2019
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GM Korea sales decreased 14 percent to 6,566 units in August 2019 compared to August 2018 results. Sales fell at both GM brands offered in South Korea – Chevrolet and Cadillac.
Chevrolet sales decreased 13 percent 6,411 units:
- Chevrolet Bolt EV sales decreased 66.4 percent to 212 units
- Chevrolet Camaro sales increased 20 percent to 12 units
- Chevrolet Damas sales decreased 8.64 percent to 275 units
- The Damas is a small van originally introduced by Daewoo, which GM subsequently bought in the late 1990s
- Chevrolet Equinox sales increased 71.13 percent to 166 units
- Chevrolet Impala sales decreased 27.47 percent to 66 units
- Chevrolet Labo sales decreased 19.53 percent to 276 units
- The Labo is a line of small vans and pickups introduced by Daewoo, which GM subsequently bought in the late 1990s
- Chevrolet Malibu sales decreased 44.39 percent to 739 units
- Chevrolet Spark sales increased 9.54 percent to 3,618 units
- Chevrolet Trax sales increased 24.94 percent to 1,047 units
- The Chevrolet Aveo, Cruze, Orlando, Captiva and Volt were discontinued in South Korea
Cadillac sales decreased 36 percent to 155 units:
- Cadillac ATS sales decreased 66.67 percent to 8 units
- The vehicle has been discontinued
- Cadillac CT6 sales decreased 70.8 percent to 33 units
- Cadillac CTS sales decreased 42.86 percent to 12 units
- The vehicle has been discontinued
- Cadillac Escalade sales increased 41.38 percent to 41 units
- Cadillac XT4 sales have not yet commenced in Korea
- Cadillac XT5 sales increased 10.91 percent to 61 units
- The Cadillac XTS and Escalade ESV are not offered in South Korea
In the first eight months of 2019, GM Korea sales decreased 17 percent to 49,968 units.
Sales Results - August 2019 - South Korea - Chevrolet
| MODEL | AUG 2019 / AUG 2018 | AUGUST 2019 | AUGUST 2018 | YTD 2019 / YTD 2018 | YTD 2019 | YTD 2018 |
|---|---|---|---|---|---|---|
| BOLT EV | -66.40% | 212 | 631 | -52.78% | 2,184 | 4,625 |
| CAMARO | +20.00% | 12 | 10 | -3.10% | 125 | 129 |
| DAMAS | -8.64% | 275 | 301 | -10.34% | 2,315 | 2,582 |
| EQUINOX | +71.13% | 166 | 97 | +123.18% | 1,502 | 673 |
| IMPALA | -27.47% | 66 | 91 | -64.14% | 378 | 1,054 |
| LABO | -19.53% | 276 | 343 | -11.83% | 2,325 | 2,637 |
| MALIBU | -44.39% | 739 | 1,329 | -5.12% | 8,874 | 9,353 |
| SPARK | +9.54% | 3,618 | 3,303 | -4.48% | 22,698 | 23,762 |
| TRAX | +24.94% | 1,047 | 838 | +21.46% | 8,275 | 6,813 |
| CHEVROLET TOTAL | -13.26% | 6,411 | 7,391 | -17.18% | 48,763 | 58,878 |
Sales Results - August 2019 - South Korea - Cadillac
| MODEL | AUG 2019 / AUG 2018 | AUGUST 2019 | AUGUST 2018 | YTD 2019 / YTD 2018 | YTD 2019 | YTD 2018 |
|---|---|---|---|---|---|---|
| ATS | -66.67% | 8 | 24 | -36.63% | 64 | 101 |
| CT6 | -70.80% | 33 | 113 | -21.90% | 378 | 484 |
| CTS | -42.86% | 12 | 21 | +31.53% | 146 | 111 |
| ESCALADE | +41.38% | 41 | 29 | +36.20% | 222 | 163 |
| XT5 | +10.91% | 61 | 55 | +6.18% | 395 | 372 |
| CADILLAC TOTAL | -35.95% | 155 | 242 | -2.11% | 1,205 | 1,231 |
Sales Results - August 2019 - South Korea - GM Totals
| BRAND | AUG 2019 / AUG 2018 | AUGUST 2019 | AUGUST 2018 | YTD 2019 / YTD 2018 | YTD 2019 | YTD 2018 |
|---|---|---|---|---|---|---|
| CHEVROLET TOTAL | -13.26% | 6,411 | 7,391 | -17.18% | 48,763 | 58,878 |
| CADILLAC TOTAL | -35.95% | 155 | 242 | -2.11% | 1,205 | 1,231 |
| GM SOUTH KOREA TOTAL | -13.98% | 6,566 | 7,633 | -16.87% | 49,968 | 60,109 |
The GM Authority Take
GM Korea sales fell once again in August, as sales at both Chevrolet and Cadillac decreased year-over-year. Hence, August becomes the fourth consecutive month in which the automaker’s sales in South Korea have decreased, with each month posting double-digit declines. This chain of events is also reflected in the year-to-date results, with sales volume down significantly compared to the same period in 2018.
Despite the overall negative trend, some models are posting healthy commercial performance, particularly The General’s entire line of crossovers and SUVs that registered very promising results. In particular, the Chevrolet Equinox, Chevrolet Trax, Cadillac Escalade and Cadillac XT5 have posted higher sales, both during August and during the first eight months of 2019.
About The Numbers
- All percent change figures compared to GM Korea sales in August 2018, except if noted
Further Reading & Sales Reporting
- GM news
- Running GM sales results
- Running Chevrolet sales results
- Running Cadillac sales results
- GM Q3 2019 sales numbers:
- GM Q3 2019 sales U.S.A.
- Chevrolet sales Q3 2019 U.S.A.
- Cadillac sales Q3 2019 U.S.A.
- Buick sales Q3 2019 U.S.A.
- GMC sales Q3 2019 U.S.A.
- GM Canada sales Q3 2019
- Chevrolet Canada sales Q3 2019
- Cadillac Canada sales Q3 2019
- Buick Canada sales Q3 2019
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- GM Mexico sales Q3 2019
- GM China sales Q3 2019
- Chevrolet China Q3 3019 sales
- Buick China Q3 2019 sales
- Cadillac China Q3 2019 sales
- GM Brazil sales Q3 2019
- GM South Korea sales Q3 2019
- GM Q3 2019 sales U.S.A.
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