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GM Korea Sales Decrease 14 Percent In August 2019

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:

Cadillac sales decreased 36 percent to 155 units:

In the first eight months of 2019, GM Korea sales decreased 17 percent to 49,968 units.

Sales Results - August 2019 - South Korea - Chevrolet

MODELAUG 2019 / AUG 2018AUGUST 2019AUGUST 2018YTD 2019 / YTD 2018 YTD 2019YTD 2018
BOLT EV-66.40% 212631-52.78%2,184 4,625
CAMARO+20.00% 1210-3.10%125 129
DAMAS-8.64% 275301-10.34%2,315 2,582
EQUINOX+71.13% 16697+123.18%1,502 673
IMPALA-27.47% 6691-64.14%378 1,054
LABO-19.53% 276343-11.83%2,325 2,637
MALIBU-44.39% 7391,329-5.12%8,874 9,353
SPARK+9.54% 3,6183,303-4.48%22,698 23,762
TRAX+24.94% 1,047838+21.46%8,275 6,813
CHEVROLET TOTAL-13.26% 6,4117,391-17.18%48,763 58,878

Sales Results - August 2019 - South Korea - Cadillac

MODELAUG 2019 / AUG 2018AUGUST 2019AUGUST 2018YTD 2019 / YTD 2018 YTD 2019YTD 2018
ATS-66.67% 824-36.63%64 101
CT6-70.80% 33113-21.90%378 484
CTS-42.86% 1221+31.53%146 111
ESCALADE+41.38% 4129+36.20%222 163
XT5+10.91% 6155+6.18%395 372
CADILLAC TOTAL-35.95% 155242-2.11%1,205 1,231

Sales Results - August 2019 - South Korea - GM Totals

BRANDAUG 2019 / AUG 2018AUGUST 2019AUGUST 2018YTD 2019 / YTD 2018 YTD 2019YTD 2018
CHEVROLET TOTAL-13.26% 6,4117,391-17.18%48,763 58,878
CADILLAC TOTAL-35.95% 155242-2.11%1,205 1,231
GM SOUTH KOREA TOTAL-13.98% 6,5667,633-16.87%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

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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