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GM Korea Sales Increase 4 Percent In April 2020

GM Korea sales increased 4 percent to 6,844 units in April 2020 compared to April 2019 results. Sales increased at the two GM brands offered in South Korea – Chevrolet and Cadillac.

Editor’s note: Korean sales figures become available roughly 45 days after month end.

Brand & Model Sales

Chevrolet sales increased 4 percent 6,706 units:

Cadillac sales increased 12 percent to 138 units:

During the first four months of the 2020 calendar year, GM Korea sales increased 11 percent to 26,166 units.

Sales Results - April 2020 - South Korea - Chevrolet

MODELAPR 2020 / APR 2019APRIL 2020APRIL 2019YTD 2020 / YTD 2019 YTD 2020YTD 2019
BOLT EV-31.86% 308452-2.54%1,074 1,102
CAMARO-54.17% 1124-17.95%64 78
COLORADO* 394**1,850 *
DAMAS-33.44% 217326-27.02%910 1,247
EQUINOX-43.15% 112197-38.29%390 632
LABO-23.99% 244321-24.58%936 1,241
MALIBU-45.79% 6241,151-59.48%1,833 4,524
SPARK-24.91% 2,1312,838-6.88%9,386 10,079
TRAILBLAZER* 1,757**5,552 *
TRAVERSE* 263**1,292 *
TRAX-38.98% 6451,057-38.88%2,463 4,030
CHEVROLET TOTAL+4.24% 6,7066,433+11.55%25,750 23,083

Sales Results - April 2020 - South Korea - Cadillac

MODELAPR 2020 / APR 2019APRIL 2020APRIL 2019YTD 2020 / YTD 2019 YTD 2020YTD 2019
CT6+123.26% 9643+3.36%246 238
CTS-85.00% 320-78.21%17 78
ESCALADE-33.33% 1218-44.30%44 79
XT5-67.65% 1134-48.48%68 132
XT6* 16**41 *
CADILLAC TOTAL+12.20% 138123-25.18%416 556

Sales Results - April 2020 - South Korea - GM Totals

BRANDAPR 2020 / APR 2019APRIL 2020APRIL 2019YTD 2020 / YTD 2019 YTD 2020YTD 2019
CHEVROLET TOTAL+4.24% 6,7066,433+11.55%25,750 23,083
CADILLAC TOTAL+12.20% 138123-25.18%416 556
GM SOUTH KOREA TOTAL+4.39% 6,8446,556+10.69%26,166 23,639

The GM Authority Take

For the second consecutive month, GM Korea sales saw a healthy increase in April, despite the negative impact of the COVID-19 outbreak. The automaker managed to buck the negative trend put on by the virus, with increases from both the Chevrolet and Cadillac brands.

The positive performance is the result of solid performance of three new Chevrolet models introduced over the last few months, as well as the surprising jump in sales volume of the best-selling Cadillac model in the South Korean market.

The new, locally-produced Chevrolet Trailblazer is a significant reason for the uptick in Chevrolet deliveries in April. The new crossover went on sale mid-February and has since become one of the most popular models in its class in South Korea. In addition, the Colorado and Traverse also saw healthy levels of sales volume, with the two imported models totaling 657 deliveries.

Meanwhile, the Cadillac brand registered a double-digit increase in April sales volume, driven primarily by the 123 percent growth in CT6. The results allow the model to become the best-selling Cadillac model in South Korea. Additionally, the 16 deliveries of the Cadillac XT6, which recently went on sale in Korea, alos contributed to the 12 percent growth in sales volume.

About The Numbers

  • All percent change figures compared to Chevrolet Korea sales in April 2019 sales, except when 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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Comments

  1. As a korean, I’m pretty sure that if GM introduce Buick brand to South Korea, they will sell more cars than cadillac.
    The name value of Cadillac is not the same as it is in the States. Many people don’t even know Cadillac brand exists. And, even we get a chance to see the Cadillac car and love the design, the price tag makes us to choose another brand such as BMW. I think Cadillac is luxury car that can only be appealed to Americans. I am quite sure that people in Korea will like a vehicle with a decent design and acceptable price, which is the Buick brand.
    If GM wants to sell more cars in Korea and want to make more profit than Cadillac, I think they really should bring Buick and let go of Cadillac.

    Reply
    1. There is room for both Buick and Cadillac as very different luxury vehicles. GM is the only automaker that has two luxury brands of this type… and it hasn’t been leveraging them to their fullest extent, not in Korea, and not in North America.

      Reply
      1. I think the reason they cannot develop Buick and Cadillac more than now because they can compete each other in the middle. However, in Korea, I think they should see this problem different.
        I think Cadillac is not competing with native brand Genesis. They are competing with BMW and Volkswagen. There has to be line up to compete with Hyundai Genesis. I think Buick is the best fit. Genesis brand cannot compete with luxury brands yet, it is still near luxury wannabe. Buick can take some market share in this near luxury market.
        It’s a shame that they don’t even try to come in. Buick is doing great in China, and as a korean, I think Buick can do great in korea than Cadillac.

        Reply

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