Overcoming Domestic Slump to Recapture 50,000 Units Monthly… GM Korea Bets on Global Exports for a Comeback

*This content was translated by AI.View Original

GM Korea sold a total of 50,189 finished vehicles in October, comprising 799 domestic units and 49,390 exported units, marking a 26.6% year-on-year increase. This sales performance marks the second time this year that monthly sales have surpassed the 50,000-unit threshold, following March. The company has achieved monthly sales of over 40,000 units for the eighth time this year.

Overall, despite a declining trend in the domestic market and volatility in the global automotive sector, increased overseas export volumes drove the rise in total performance. The key factor behind the performance boost was the overseas export market. Overseas sales in October reached 49,390 units, up 28.5% from the same month last year, leading the expansion of overall results.

By model, the Chevrolet Trax Crossover (including derivative models) recorded the highest sales volume with 30,519 units, a 25.7% increase from the same period last year. The Chevrolet Trailblazer (including derivative models) also posted 18,871 units, up 33.2% year-on-year, as it continued to increase shipment volumes in overseas markets. Combined overseas sales of the two main models, the Trax Crossover and the Trailblazer, accounted for the majority of total overseas export performance. Cumulative overseas sales from January through October reached 423,680 units, a 20.0% increase from the same period last year.

In contrast, the domestic market saw total sales of 799 units, down 33.1% from the same month last year. By model, 556 Trax Crossovers, 211 Trailblazers, and 12 Sierra pickup trucks were sold. Cumulative domestic sales from January through October totaled 8,294 units, a 36.1% decrease from the same period last year. However, increased exports to overseas markets offset the decline in domestic sales, achieving total performance of 50,189 units. GM Korea plans to maintain market sales volumes by continuously expanding overseas shipment volumes and optimizing its global supply chain. Additionally, it aims to respond swiftly to global market demand while maintaining stable production schedules for each model.

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*This content was translated by AI.View Original