GM Korea Sales Increase 8 Percent In 2020 Calendar Year

March 7, 2021 3:00 am

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

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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