Chevrolet Korea sales increased 18 percent to 6,106 units in January 2021 compared to January 2020 results.
Individual model sales performance was as follows:
- Chevrolet Camaro sales decreased 95 percent to 1 units
- Chevrolet Colorado sales decreased 35.78 percent to 499 units
- Chevrolet Damas sales increased 94.27 percent to 441 units
- The Damas is a small van originally introduced by Daewoo, which GM subsequently bought in the late 1990s
- Chevrolet Equinox sales increased 212.37 percent to 303 units
- Chevrolet Labo sales increased 130.73 percent to 503 units
- The Labo is a line of small trucks introduced by Daewoo, which GM subsequently bought in the late 1990s
- Chevrolet Malibu sales decreased 6.53 percent to 372 units
- Chevrolet Spark sales decreased 12.09 percent to 2,276 units
- Chevrolet Trailblazer sales totaled 1,189 units
- Chevrolet Traverse sales decreased 38.05 percent to 184 units
- Chevrolet Trax sales decreased 36.05 percent to 337 units
Sales Results - January 2021 - South Korea - Chevrolet
MODEL | JAN 2021 / JAN 2020 | JANUARY 2021 | JANUARY 2020 |
---|---|---|---|
CAMARO | -95.00% | 1 | 20 |
COLORADO | -35.78% | 499 | 777 |
DAMAS | +94.27% | 441 | 227 |
EQUINOX | +212.37% | 303 | 97 |
LABO | +130.73% | 503 | 218 |
MALIBU | -6.53% | 372 | 398 |
SPARK | -12.09% | 2,276 | 2,589 |
TRAILBLAZER | * | 1,189 | * |
TRAVERSE | -38.05% | 184 | 297 |
TRAX | -36.05% | 337 | 527 |
CHEVROLET TOTAL | +18.31% | 6,106 | 5,161 |
The GM Authority Take
Chevrolet Korea sales posted a noteworthy increase in January, representing the second consecutive month of growth for the Bow Tie brand in the Asian country after registering a 5 percent increase in December 2020. In this way, Chevrolet begins the 2021 calendar year in the green in South Korea, while maintaining the solid sales momentum it started last year in that market, despite facing ongoing difficulties caused by the prolonged COVID-19 pandemic.
Once again, the Bow Tie’s growth in the South Korean market was primarily enabled by the new Chevrolet Trailblazer, which established itself as the brand’s second best-selling model while adding significant volume on a year-over-year basis. Additionally, the Damas, Equinox and Labo – the only three models that achieved a positive result compared to January 2020 – contributed by notable double- and triple-digit increases.
Meanwhile, six of the ten models offered by Chevrolet in South Korea saw a decline in sales volume during the month, including the Chevrolet Spark best-seller. The minicar suffered a double-digit decline year-over-year, but maintained its spot as the brand’s best-selling model in the country. Similarly, the Colorado and Traverse saw notable volume losses on a year-over-year basis. The reason for the drop of the three models is unclear at the moment, though it’s possible that supply-related issues is responsible.
About The Numbers
- All percent change figures compared to Chevrolet Korea sales in January 2020, unless noted otherwise
- South Korea sales figures reflect actual vehicle registrations rather than wholesales
Further Reading & Sales Reporting
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