GM Korea Sales Increase 8 Percent In 2020 Calendar Year
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GM Korea sales increased 8 percent to 84,453 units during the complete 2020 calendar year. Sales increased 8.5 percent at Chevrolet, while decreasing 12.5 percent at Cadillac.
“From the bottom of my heart, I thank our customers who showed us their trust and supported Chevrolet last year,” said GM Korea Vice President of Sales, Service and Marketing, Cesar Toledo, in a statement. “We are fully committed to the future through a stronger product lineup, including various new models, and exciting marketing initiatives to meet our customers’ expectations in 2021,” he added.
Sales Results - December 2020 - South Korea - Chevrolet
| MODEL | DEC 2020 / DEC 2019 | DECEMBER 2020 | DECEMBER 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
|---|---|---|---|---|---|---|
| BOLT EV | -92.15% | 27 | 344 | -60.89% | 1,579 | 4,037 |
| CAMARO | +50.00% | 24 | 16 | -50.80% | 92 | 187 |
| COLORADO | -17.34% | 534 | 646 | +300.40% | 5,049 | 1,261 |
| DAMAS | +97.75% | 615 | 311 | +4.95% | 3,601 | 3,431 |
| EQUINOX | +37.34% | 217 | 158 | -29.12% | 1,492 | 2,105 |
| LABO | +74.20% | 655 | 376 | +8.63% | 3,879 | 3,571 |
| MALIBU | -55.34% | 552 | 1,236 | -46.37% | 6,548 | 12,210 |
| SPARK | -15.19% | 3,334 | 3,931 | -18.52% | 28,935 | 35,513 |
| TRAILBLAZER | * | 2,376 | * | * | 20,887 | * |
| TRAVERSE | -37.98% | 258 | 416 | +379.22% | 4,035 | 842 |
| TRAX | -51.67% | 665 | 1,376 | -45.36% | 6,853 | 12,541 |
| CHEVROLET TOTAL | +4.98% | 9,259 | 8,820 | +8.48% | 82,954 | 76,471 |
Sales Results - December 2020 - South Korea - Cadillac
| MODEL | DEC 2020 / DEC 2019 | DECEMBER 2020 | DECEMBER 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
|---|---|---|---|---|---|---|
| CT4 | * | 2 | * | * | 27 | * |
| CT5 | * | 12 | * | * | 93 | * |
| CT6 | +62.96% | 88 | 54 | +39.24% | 731 | 525 |
| CTS | -100.00% | 0 | 19 | -92.38% | 17 | 223 |
| ESCALADE | +200.00% | 69 | 23 | +1.98% | 309 | 303 |
| XT5 | -82.89% | 13 | 76 | -66.95% | 197 | 596 |
| XT6 | * | 15 | * | * | 125 | * |
| CADILLAC TOTAL | +15.70% | 199 | 172 | -12.54% | 1,499 | 1,714 |
Sales Results - December 2020 - South Korea - GM Totals
| BRAND | DEC 2020 / DEC 2019 | DECEMBER 2020 | DECEMBER 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
|---|---|---|---|---|---|---|
| CHEVROLET TOTAL | +4.98% | 9,259 | 8,820 | +8.48% | 82,954 | 76,471 |
| CADILLAC TOTAL | +15.70% | 199 | 172 | -12.54% | 1,499 | 1,714 |
| GM SOUTH KOREA TOTAL | +5.18% | 9,458 | 8,992 | +8.02% | 84,453 | 78,185 |
The GM Authority Take
After experiencing several consecutive years of declining sales volumes, GM Korea sales posted a healthy increase during the 2020 calendar year. During the year, the automaker delivered a total of 84,453 vehicles in South Korea, which represents an increase of 8 percent or 6,268 units over 2019 levels. The increase is due to the solid performance of the Chevrolet brand, which is successfully renewing its image in the Asian country.
In particular, GM Korea’s solid performance in 2020 was driven by the all-new Chevrolet Trailblazer. Not only did the new subcompact crossover post significant improvements over the sales volume of the Chevrolet Trax that it’s gradually replacing in South Korea, but it also offset the significant losses suffered by the Spark and Malibu – the company’s two best-selling models in 2019.
In addition, it’s worth highlighting the solid performance of the Chevrolet Colorado and Traverse. Both models enter Chevy into new segments in the country, enabling them to add not-insignificant sales volume while also contributing to the brand’s ongoing efforts to transform its image in order to attract a new generation of buyers in South Korea.
About The Numbers
- All percent change figures compared to GM Korea sales in 2019 calendar year, unless noted otherwise
Further Reading & Sales Reporting
- GM news
- Running GM sales results
- Running Chevrolet sales results
- Running Cadillac sales results
- GM 2020 sales reports:
- GM 2020 sales U.S.A.
- Chevrolet sales 2020 U.S.A.
- Cadillac sales 2020 U.S.A.
- Buick sales 2020 U.S.A.
- GMC sales 2020 U.S.A.
- GM Canada sales 2020
- Chevrolet Canada sales 2020
- Cadillac Canada sales 2020
- Buick Canada sales 2020
- GMC Canada sales 2020
- GM China sales 2020
- Chevrolet China 2020 sales
- Buick China 2020 sales
- Cadillac China 2020 sales
- GM Brazil sales 2020
- GM Argentina sales 2020
- GM South Korea sales 2020 (this page)
- Chevrolet South Korea 2020 sales
- Cadillac South Korea 2020 sales
- GM Russia sales 2020
- GM 2020 sales U.S.A.
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