Chevrolet Korea sales decreased 21 percent to 2,057 units in November 2022 compared to November 2021 results.
Individual model sales performance was as follows:
- Chevrolet Bolt EUV sales totaled 47 units
- Chevrolet Bolt EV sales totaled 39 units
- Chevrolet Camaro sales decreased 100 percent to 0 units
- Chevrolet Colorado sales increased 227.12 percent to 193 units
- Chevrolet Equinox sales totaled 106 units
- Chevrolet Malibu sales decreased 78.83 percent to 69 units
- Chevrolet Spark sales decreased 44.73 percent to 619 units
- Chevrolet Tahoe sales totaled 18 units
- Chevrolet Trailblazer sales increased 20.7 percent to 758 units
- Chevrolet Traverse sales decreased 34.59 percent to 208 units
- Chevrolet Trax sales decreased 100 percent to 0 units
During the first 11 months of the 2022 calendar year, Chevrolet Korea sales fell 32 percent to 35,397 units.
Sales Results - November 2022 - South Korea - Chevrolet
| MODEL | NOV 2022 / NOV 2021 | NOVEMBER 2022 | NOVEMBER 2021 | YTD 2022 / YTD 2021 | YTD 2022 | YTD 2021 |
|---|---|---|---|---|---|---|
| BOLT EUV | * | 47 | * | * | 1,906 | * |
| BOLT EV | * | 39 | 0 | -33.56% | 675 | 1,016 |
| CAMARO | -100.00% | 0 | 5 | -14.94% | 74 | 87 |
| COLORADO | +227.12% | 193 | 59 | -23.88% | 2,611 | 3,430 |
| EQUINOX | * | 106 | 0 | +84.75% | 1,018 | 551 |
| MALIBU | -78.83% | 69 | 326 | -49.45% | 1,458 | 2,884 |
| SPARK | -44.73% | 619 | 1,120 | -39.19% | 10,475 | 17,227 |
| TAHOE | * | 18 | * | * | 365 | * |
| TRAILBLAZER | +20.70% | 758 | 628 | -21.70% | 13,797 | 17,620 |
| TRAVERSE | -34.59% | 208 | 318 | -44.02% | 1,778 | 3,176 |
| TRAX | -100.00% | 0 | 161 | -46.15% | 1,238 | 2,299 |
| CHEVROLET TOTAL | -21.40% | 2,057 | 2,617 | -31.63% | 35,397 | 51,773 |
The GM Authority Take
After experiencing a brief pause from declining sales in September and October, Chevrolet Korea sales returned to experience another decline in November. Chevrolet’s contraction saw sales volume drop significantly compared to the previous two months, when the Bow Tie brand averaged about 4,000 units. As such, the November record represents a loss of over 2,000 units month-over-month.
Most of the brand’s models saw notable declines in the South Korean market during the past month, led by the Chevy Spark and Malibu, which fared the worst. Despite the healthy increase of the best-selling Chevy Trailblazer on a year-over-year, the subcompact crossover’s 758 deliveries in November were only about half its average in previous months. The decline is likely the result of newfound difficulties in local production of the small crossover.
In addition, the new Chevy Bolt EUV lost the significant momentum it experiencing in South Korea, going from selling a record-setting 908 units in October to only 47 in November. Something similar also happened with the Bolt EV, which had a loss of 160 units month-over-month. For its part, the Chevy Colorado posted an uptick in sales with a triple-digit growth rate.
About The Numbers
- All percent change figures compared to Chevrolet Korea sales in November 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 Q4 2022 sales reports:
- GM Q4 2022 sales U.S.A.
- Chevrolet sales Q4 2022 U.S.A.
- Cadillac sales Q4 2022 U.S.A.
- Buick sales Q4 2022 U.S.A.
- GMC sales Q4 2022 U.S.A.
- GM Canada Q4 2022 sales
- Chevrolet Canada sales Q4 2022
- Cadillac Canada sales Q4 2022
- Buick Canada sales Q4 2022
- GMC Canada sales Q4 2022
- GM Mexico sales Q4 2022
- GM Mexico sales October 2022
- Chevrolet Mexico October 2022 sales
- Buick Mexico October 2022 sales
- GMC Mexico October 2022 sales
- Cadillac Mexico October 2022 sales
- GM Mexico sales November 2022 sales
- Chevrolet Mexico November 2022 sales
- Buick Mexico November 2022 sales
- GMC Mexico November 2022 sales
- Cadillac Mexico November 2022 sales
- GM Mexico sales December 2022
- Chevrolet Mexico December 2022 sales
- Buick Mexico December 2022 sales
- GMC Mexico December 2022 sales
- Cadillac Mexico December 2022 sales
- GM Mexico sales October 2022
- GM China sales Q4 2022
- Chevrolet China Q4 2022 sales
- Buick China Q4 2022 sales
- Cadillac China Q4 2022 sales
- GM Brazil sales Q4 2022
- GM Argentina sales Q4 2022
- GM Chile sales Q4 2022
- GM Colombia sales Q4 2022
- GM South Korea sales Q4 2022
- GM South Korea October 2022 sales
- Chevrolet South Korea October 2022 sales
- Cadillac South Korea October 2022 sales
- GM South Korea November 2022 sales
- Chevrolet South Korea November 2022 sales (this page)
- Cadillac South Korea November 2022 sales
- GM South Korea December 2022 sales
- Chevrolet South Korea December 2022 sales
- Cadillac South Korea December 2022 sales
- GM South Korea October 2022 sales
- GM Q4 2022 sales U.S.A.
Comments
Here in Korea, standby demand for Bolt EUV and EV reaches 10,000 units. Why doesn’t GM produce bolt EUV in Korea factory? Making the quantity sold in Korea at a Korean factory will also help the company’s profits. What’s the point of importing Bolt EUV from the U.S. and selling only a few dozen of them to Korea every month? There are a lot of customers waiting to get a car after signing a contract. In Korea, there is also an LG factory that makes batteries for Bolt, so it is easy to supply parts.