* Translated by AI

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KGM Mobility, Four Consecutive Years of Profit Since 2023: "Forget the SsangYong Era"

Published:

Kim gyeong-soo

*This content was translated by AI.

KGM Actyon
KGM Actyon

KGM Mobility (KGM) officially announced its first-half 2026 management results on the 28th. Based on separate financial statements, first-half sales reached 2 trillion 318.8 billion won, operating profit was 30.5 billion won, and net income for the period stood at 55.1 billion won.

Driven by the launch of new global models such as Musso, expansion into new markets, and efforts to improve profitability and productivity, KGM recorded four consecutive years of profit since 2023. Total sales in the first half amounted to 56,759 units, including 21,806 units domestically and 34,953 units exported, representing a 6.5% increase compared to the same period last year. Notably, exports in June reached KGM's highest monthly record ever, marking the first time since the first half of 2014 (41,000 units) that such a milestone was achieved — a span of 12 years.

(Seoul=NEWS1) = KGM Mobility held a Musso launch and test drive event in Germany on the 17th and 18th (local time), announcing on the 22nd its push to expand sales in global markets. The test drive route was designed to showcase the distinctive powerful driving performance and stable handling of KGM models, starting from local roads in the city, proceeding onto the Autobahn, ascending to Feldberg, and passing through the Taunus mountain range. (Provided by KGM. Resale and database use prohibited.) 2026.6.22/NEWS1 Copyright © NEWS1. All rights reserved. Unauthorized reproduction, redistribution, or use for AI training is strictly forbidden. /Photo=NEWS1)
(Seoul=NEWS1) = KGM Mobility held a Musso launch and test drive event in Germany on the 17th and 18th (local time), announcing on the 22nd its push to expand sales in global markets. The test drive route was designed to showcase the distinctive powerful driving performance and stable handling of KGM models, starting from local roads in the city, proceeding onto the Autobahn, ascending to Feldberg, and passing through the Taunus mountain range. (Provided by KGM. Resale and database use prohibited.) 2026.6.22/NEWS1 Copyright © NEWS1. All rights reserved. Unauthorized reproduction, redistribution, or use for AI training is strictly forbidden. /Photo=NEWS1)

According to KGM, the company is strengthening its response in both global and domestic markets to expand sales volume and profit margins. In global markets, it began with a dealer conference in Germany in February, followed by test drive events for the Actyon HYBRID and Musso EV in Germany in April, as well as a launch and test drive event for the Musso in Turkey. In June, KGM further expanded its new model releases by holding Musso launch and test drive events in Chile and Germany.

In the domestic market, KGM launched the new "KGM New Torres" in May and is operating the "KGM Total Care Package" program to reduce burdens from purchase to maintenance while enhancing customer satisfaction. Additionally, the company has opened "3S Complex Dealerships," offering one-stop services for vehicle sales and maintenance, drawing attention with convenient and differentiated services for customers.

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.

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