GM Korea, April sales up 14.7%... Exports drove growth, but weak domestic demand remains a concern

*This content was translated by AI.

GM Korea surpassed the monthly sales milestone of 40,000 units for the third time this year. In April alone, the company recorded total sales of 47,760 units, representing a 14.7% increase compared to the same period last year.

The most notable aspect of these results was export volume. April overseas sales reached 46,949 units, driven by the Trax Cross-over and Trailblazer models. The Trailblazer (including derivative models) sold 15,710 units, a 24.7% increase year-on-year, while the Trax Cross-over (including derivative models) sold 31,239 units, up 12.7%. These two models have surpassed a cumulative global sales volume of 2 million units since their launch.

These models, led by GM Korea in design, engineering, and production, secured approximately 43% market share in the U.S. subcompact SUV segment last year, proving their competitiveness in the North American market. The Trax Cross-over has maintained the top spot in Korean passenger car exports for three consecutive years.

In contrast, domestic sales in April fell to 811 units, a 38.8% decline year-on-year. In response, GM Korea will hold the 'Chevrolet Homecoming Festival' for domestic customers during May, the month dedicated to families. Customers who own older models such as Spark, Matiz, Damas, or Labo will receive a 10 thousand won cash support benefit when purchasing a Trax Cross-over or Trailblazer. Additional benefits are also provided to customers with minor children, family members aged 65 or older, or those owning older diesel vehicles.

Gustavo Colossi, Executive Vice President, stated that the global market performance of the Trax Cross-over and Trailblazer demonstrates trust in GM products. He added, "We will continue to expand customer satisfaction through superior product competitiveness and differentiated services."

GM Korea plans to continue its growth trajectory in both domestic and international markets as a global production hub for subcompact SUVs, leveraging its multi-brand strategy and service network.

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*This content was translated by AI.