mobile-menu-icon
GM Authority

Chevrolet Korea Sales Fell 18 Percent In April 2021

Chevrolet Korea sales decreased 18 percent to 5,470 units in April 2021 compared to April 2020 results.

Individual model sales performance was as follows:

During the first four months of the 2021 calendar year, Chevrolet Korea sales decreased 11 percent to 22,823 units.

Sales Results - April 2021 - South Korea - Chevrolet

MODELAPR 2021 / APR 2020APRIL 2021APRIL 2020YTD 2021 / YTD 2020 YTD 2021YTD 2020
BOLT EV-56.82% 133308-71.32%308 1,074
CAMARO-9.09% 1011-53.13%30 64
COLORADO-48.22% 204394-38.16%1,144 1,850
DAMAS+86.18% 404217+79.12%1,630 910
EQUINOX-58.93% 46112+40.00%546 390
LABO-98.36% 4244+58.87%1,487 936
MALIBU-59.62% 252624-37.86%1,139 1,833
SPARK-21.26% 1,6782,131-21.10%7,406 9,386
TRAILBLAZER+14.97% 2,0201,757+19.31%6,624 5,552
TRAVERSE+41.44% 372263-12.31%1,133 1,292
TRAX-46.98% 342645-44.38%1,370 2,463
CHEVROLET TOTAL-18.43% 5,4706,706-11.37%22,823 25,750

The GM Authority Take

The performance of Chevrolet Korea sales during April 2021 represent the second consecutive month of declines for the Bow Tie brand in the Asian country, following the 31 percent drop in March. The negative behavior is primarily the result of logistical difficulties presented by the COVID-19 pandemic and the prolonged shortage of semiconductors, which has significantly hampered production across the automotive industry.

In April, eight of the 11 vehicles offered by Chevrolet in South Korea were in the red. In fact, most posted double-digit drops, with the exception of the Camaro. The performance of the Chevrolet Spark had the biggest impact on the brand’s sales total for the month. In fact, the 21 percent drop in Spark sales during April as well as during the first four months of the 2021 calendar year saw the vehicle lose its status as Chevy’s most popular model for the second consecutive month.

Meanwhile, the new Chevrolet Trailblazer saw a 15 percent growth rate, becoming the brand’s best-selling model in Korea. The subcompact crossover saw 2,020 deliveries thanks to strong interest in the recently-launched 2022 Trailblazer. Additionally, the Traverse and Damas also posted very healthy double-digit increases, continuing their pivotal role for GM Korea domestic sales.

About The Numbers

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.

Comments

  1. gm is a small player and there business strategy there is a mystery to me.

    Reply

Leave a comment

Cancel