mobile-menu-icon
GM Authority

Chevrolet Korea Sales Decrease 30 Percent In September 2019

Chevrolet Korea sales decreased 30 percent to 5,171 units in September 2019 compared to September 2018 results.

Individual model sales performance was as follows:

During the first nine months of 2019 calendar year, Chevrolet Korea sales decreased 19 percent to 53,934 units.

Sales Results - September 2019 - South Korea - Chevrolet

MODELSEP 2019 / SEP 2018SEPTEMBER 2019SEPTEMBER 2018YTD 2019 / YTD 2018 YTD 2019YTD 2018
BOLT EV+155.71% 17970-49.67%2,363 4,695
CAMARO-47.37% 1019-8.78%135 148
DAMAS+24.09% 273220-7.64%2,588 2,802
EQUINOX-20.54% 147185+92.19%1,649 858
IMPALA-18.18% 6377-61.01%441 1,131
LABO+0.39% 255254-10.76%2,580 2,891
MALIBU-73.71% 6022,290-18.61%9,476 11,643
SPARK-13.14% 2,7433,158-5.49%25,441 26,920
TRAX-16.49% 8711,043+16.42%9,146 7,856
CHEVROLET TOTAL-30.43% 5,1717,433-18.67%53,934 66,311

The GM Authority Take

September marks the seventh month of 2019 that Chevrolet Korea sales decreased significantly, with the past five months marking consecutive sales decreases, all with double-digit drops. In addition, the 5,171 vehicles that Chevrolet sold during the last month in South Korea represent its second-worst result so far in 2019, behind the 5,053 units delivered in January. As a result, the amount of sales accumulated by the brand during the first nine months of the year was also down compared to the same period in 2018.

Six of the nine Chevrolet models marketed in South Korea saw a decline in sales volume in September, all with considerable double-digit drops. Only the Bolt EV, the Damas, and the Labo increased their sales on an annual basis. Although the electric subcompact shows a spectacular increase of 156 percent, the 179 units represent the lowest figure that Bolt EV has registered in South Korea during the last 12 months.

GM is currently launching the Chevrolet Colorado and Traverse in Korea in an effort to boost Chevrolet’s image in the country and, by association, sales volume. Additionally, the company is preparing the domestic launch of the all-new Chevrolet Trailblazer. The compact crossover will slot between Trax and Equinox, and its objective is to capitalize on the growing demand for utilities, both in South Korea and globally.

About The Numbers

  • All percent change figures compared to Chevrolet Korea sales in September 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.

Subscribe to GM Authority

For around-the-clock GM news coverage

We'll send you one email per day with the latest GM news. It's totally free.

No Comments yet

Leave a comment

Cancel