Chevrolet Korea Sales Down 24 Percent In August 2022
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Chevrolet Korea sales decreased 24 percent to 3,590 units in August 2022 compared to August 2021 results.
Individual model sales performance was as follows:
- Chevrolet Bolt EUV sales totaled 199 units
- Chevrolet Bolt EV sales increased 2380 percent to 124 units
- Chevrolet Camaro sales decreased 100 percent to 0 units
- Chevrolet Colorado sales decreased 71.84 percent to 194 units
- Chevrolet Equinox sales increased 7000 percent to 213 units
- Chevrolet Malibu sales decreased 14.94 percent to 148 units
- Chevrolet Spark sales decreased 21.13 percent to 1,198 units
- Chevrolet Tahoe sales totaled 29 units
- Chevrolet Trailblazer sales decreased 54.14 percent to 958 units
- Chevrolet Traverse sales increased 34.41 percent to 332 units
- Chevrolet Trax sales increased 1525 percent to 195 units
During the first eight months of the 2022 calendar year, Chevrolet Korea sales decreased 41 percent to 25,258 units.
Sales Results - August 2022 - South Korea - Chevrolet
| MODEL | AUG 2022 / AUG 2021 | AUGUST 2022 | AUGUST 2021 | YTD 2022 / YTD 2021 | YTD 2022 | YTD 2021 |
|---|---|---|---|---|---|---|
| BOLT EUV | * | 199 | * | * | 430 | * |
| BOLT EV | +2,380.00% | 124 | 5 | -84.45% | 158 | 1,016 |
| CAMARO | -100.00% | 0 | 7 | +19.35% | 74 | 62 |
| COLORADO | -71.84% | 194 | 689 | -21.66% | 2,073 | 2,646 |
| EQUINOX | +7,000.00% | 213 | 3 | +19.24% | 657 | 551 |
| MALIBU | -14.94% | 148 | 174 | -47.82% | 1,135 | 2,175 |
| SPARK | -21.13% | 1,198 | 1,519 | -42.22% | 7,943 | 13,746 |
| TAHOE | * | 29 | * | * | 284 | * |
| TRAILBLAZER | -54.14% | 958 | 2,089 | -29.99% | 10,300 | 14,713 |
| TRAVERSE | +34.41% | 332 | 247 | -50.20% | 1,130 | 2,269 |
| TRAX | +1,525.00% | 195 | 12 | -49.67% | 1,073 | 2,132 |
| CHEVROLET TOTAL | -24.34% | 3,590 | 4,745 | -40.97% | 25,258 | 42,791 |
The GM Authority Take
The considerable drop in Chevrolet Korea sales in August 2022 deepens the brand’s negative performance and represents the 18th consecutive monthly drop in the Asian market, which serves as one of GM’s key vehicle development and manufacturing centers globally. The decline is the result of a combination of manufacturing difficulties caused by a shortage of various components, including semiconductors, as well as prioritizing locally-made vehicles for export to North America instead of local sales.
Both of the Bow Tie brand’s best-selling products in Korea – the Chevy Trailblazer and Chevy Spark – once again suffered notable double-digit declines in August. The subcompact crossover took the brunt of the drop, losing 1,131 units year-over-year. That, in turn, caused it to lose the best-selling spot within the Chevrolet lineup to the Spark.
Meanwhile, the Chevy Bolt EV, Equinox, Traverse and Trax all managed to post gains in sales volume with the dramatic four-digit increase in the Equinox being the most notable. This substantial improvement is due to the recent reintroduction of the Equinox nameplate in South Korea.
It’s also worth highlighting the incremental sales contributed by the new Chevy Bolt EUV, whose 199 deliveries represent the electric model’s best monthly sales performance to date in Korea.
About The Numbers
- All percent change figures compared to Chevrolet Korea sales in August 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
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- Chevrolet sales Q3 2022 U.S.A.
- Cadillac sales Q3 2022 U.S.A.
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- GM South Korea sales Q3 2022
- GM South Korea July 2022 sales
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- GM South Korea August 2022 sales
- Chevrolet South Korea August 2022 sales (this page)
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