Chevrolet Korea sales decreased 40 percent to 2,768 units in May 2022 compared to May 2021 results.
Individual model sales performance was as follows:
- Chevrolet Bolt EUV sales totaled 21 units
- Chevrolet Bolt EV sales decreased 99.35 percent to 2 units
- Chevrolet Camaro sales increased 54.55 percent to 17 units
- Chevrolet Colorado sales increased 400 percent to 320 units
- Chevrolet Equinox sales increased 800 percent to 9 units
- Chevrolet Malibu sales decreased 75.85 percent to 57 units
- Chevrolet Spark sales decreased 24.29 percent to 1,247 units
- Chevrolet Tahoe sales totaled 100 units
- Chevrolet Trailblazer sales decreased 34.53 percent to 876 units
- Chevrolet Traverse sales decreased 95.97 percent to 12 units
- Chevrolet Trax sales decreased 69.52 percent to 107 units
During the first five months of the 2022 calendar year, Chevrolet Korea sales decreased 52 percent to 13,118 units.
Sales Results - May 2022 - South Korea - Chevrolet
MODEL | MAY 2022 / MAY 2021 | MAY 2022 | MAY 2021 | YTD 2022 / YTD 2021 | YTD 2022 | YTD 2021 |
---|---|---|---|---|---|---|
BOLT EUV | * | 21 | * | * | 80 | * |
BOLT EV | -99.35% | 2 | 307 | -99.67% | 2 | 615 |
CAMARO | +54.55% | 17 | 11 | +56.10% | 64 | 41 |
COLORADO | +400.00% | 320 | 64 | +16.14% | 1,403 | 1,208 |
EQUINOX | +800.00% | 9 | 1 | -98.35% | 9 | 547 |
MALIBU | -75.85% | 57 | 236 | -57.60% | 583 | 1,375 |
SPARK | -24.29% | 1,247 | 1,647 | -49.91% | 4,535 | 9,053 |
TAHOE | * | 100 | * | * | 158 | * |
TRAILBLAZER | -34.53% | 876 | 1,338 | -31.11% | 5,485 | 7,962 |
TRAVERSE | -95.97% | 12 | 298 | -89.59% | 149 | 1,431 |
TRAX | -69.52% | 107 | 351 | -62.12% | 652 | 1,721 |
CHEVROLET TOTAL | -39.79% | 2,768 | 4,597 | -52.15% | 13,120 | 27,420 |
The GM Authority Take
Chevrolet Korea sales continued their downward spiral in May, accumulating 15 consecutive months of contraction as a result of ongoing supply problems caused by the global shortage of semiconductors. Besides being down on a year-over-year basis (when compared to May 2021), the performance also represents a drop month-over-month – when compared to the 2,951 new Chevys sold in April in the South Korean market. Hence, the May results set a new, sub-3K low for the Bow Tie brand.
The decline in May was caused by decreases in sales of the Spark’s two best-selling vehicles in the country – the Chevy Trailblazer and Spark. Although both were in the red on a year-over-year basis, the Trailblazer was impacted the hardest, recording a measly 876 deliveries. That resulted in the subcompact crossover losing the best-selling spot within the Chevy brand to the Spark and its 1,247 deliveries. Additionally, the Bolt EV and Traverse also saw significant declines in their respective sales volumes.
The Chevy Camaro, Colorado and Equinox were the only Chevy models that were in the green during the month. The performance of the mid-size pickup was the most impressive of the three, posting a triple-digit increase to 320 units, placing it as the third best-selling Chevrolet model in South Korea. Additionally, the new Bolt EUV and Tahoe saw their second month of registrations, with the full-size SUV posting 100 sales during its first full month on sale.
About The Numbers
- All percent change figures compared to Chevrolet Korea sales in May 2021, unless noted otherwise
- South Korea sales figures reflect actual vehicle registrations rather than wholesales
Further Reading & Sales Reporting
- GM news
- Running GM sales results
- Running Chevrolet sales results
- GM Q2 2022 sales reports:
- GM Q2 2022 sales U.S.A.
- Chevrolet sales Q2 2022 U.S.A.
- Cadillac sales Q2 2022 U.S.A.
- Buick sales Q2 2022 U.S.A.
- GMC sales Q2 2022 U.S.A.
- GM Canada sales Q2 2022
- Chevrolet Canada sales Q2 2022
- Cadillac Canada sales Q2 2022
- Buick Canada sales Q2 2022
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- Chevrolet Colombia April 2022 sales
- Chevrolet Colombia May 2022 sales
- Chevrolet Colombia June 2022 sales
- GM South Korea sales Q2 2022
- GM South Korea April 2022 sales
- Chevrolet South Korea April 2022 sales
- Cadillac South Korea April 2022 sales
- GM South Korea May 2022 sales
- Chevrolet South Korea May 2022 sales (this page)
- Cadillac South Korea May 2022 sales
- GM South Korea June 2022 sales
- Chevrolet South Korea June 2022 sales
- Cadillac South Korea June 2022 sales
- GM South Korea April 2022 sales
- GM Russia sales Q2 2022
- GM Russia sales April 2022
- GM Russia sales May 2022
- GM Russia sales June 2022
- GM Q2 2022 sales U.S.A.
Comments
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