Chevrolet Korea Sales Down 24 Percent In August 2022
1
Sponsored Links
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
- GM Q3 2022 sales reports:
- GM Q3 2022 sales U.S.A.
- Chevrolet sales Q3 2022 U.S.A.
- Cadillac sales Q3 2022 U.S.A.
- Buick sales Q3 2022 U.S.A.
- GMC sales Q3 2022 U.S.A.
- GM Canada Q3 2022 sales
- Chevrolet Canada sales Q3 2022
- Cadillac Canada sales Q3 2022
- Buick Canada sales Q3 2022
- GMC Canada sales Q3 2022
- GM Mexico sales Q3 2022
- GM Mexico sales July 2022
- Chevrolet Mexico July 2022 sales
- Buick Mexico July 2022 sales
- GMC Mexico July 2022 sales
- Cadillac Mexico July 2022 sales
- GM Mexico sales August 2022 sales
- Chevrolet Mexico August 2022 sales
- Buick Mexico August 2022 sales
- GMC Mexico August 2022 sales
- Cadillac Mexico August 2022 sales
- GM Mexico sales September 2022
- Chevrolet Mexico September 2022 sales
- Buick Mexico September 2022 sales
- GMC Mexico September 2022 sales
- Cadillac Mexico September 2022 sales
- GM Mexico sales July 2022
- GM China sales Q3 2022
- Chevrolet China Q3 2022 sales
- Buick China Q3 2022 sales
- Cadillac China Q3 2022 sales
- GM Brazil sales Q3 2022
- GM Argentina sales Q3 2022
- GM Chile sales Q3 2022
- GM Colombia sales Q3 2022
- GM South Korea sales Q3 2022
- GM South Korea July 2022 sales
- Chevrolet South Korea July 2022 sales
- Cadillac South Korea July 2022 sales
- GM South Korea August 2022 sales
- Chevrolet South Korea August 2022 sales (this page)
- Cadillac South Korea August 2022 sales
- GM South Korea September 2022 sales
- Chevrolet South Korea September 2022 sales
- Cadillac South Korea September 2022 sales
- GM South Korea July 2022 sales
- GM Q3 2022 sales U.S.A.
- Sweepstakes Of The Month: Win a 2023 Corvette Z06 Convertible. Details here.
Sponsored Links
In Korea, The gap between rich and poor has widened with Hyundai Group or Mercedes-Audi-BMW.
Korea is a market that values interior design and convenience options more than powertrain.