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Hyundai/Kia share 90.5% of domestic cars – The Deal Site

[딜사이트 이세정 기자] Although the sales performance of five domestic automakers increased all at once last month, Hyundai Motor Company and Kia were found to still account for more than 90% of the total sales performance.

According to the finished car industry on the 1st, Hyundai Motor Company, Kia Motors, General Motors Korea (hereinafter referred to as GM Korea), Renault Korea Motors (hereinafter referred to as Renault Korea) and KG Mobility sold a total of 682,820 units in domestic and foreign sales last month. . This is an increase of 15.5% compared to the same period last year (591,135 units).

First of all, Hyundai Motor sold a total of 349,194 units in the global market last month, up 7.8% from the same period last year, including 68,680 units in Korea and 280,514 units overseas. Domestic sales and overseas sales increased by 8.4% and 7.7%, respectively, compared to the same period last year.

During the same period, Kia sold a total of 268,593 units, an increase of 14.4%, and in detail, ▲ domestic 50,275 ▲ foreign 217,772 ▲ 546 special units. Compared to May last year, domestic sales increased by 10.3% and overseas sales by 15.2%.

The three domestic mid-size car makers also recorded a good performance. GM Korea sold a total of 40,019 units last month, 4,758 units for domestic sales and 35,261 units for export. Compared to the same period last year, domestic demand and exports expanded by 71.9% and 172.7%, respectively, and in terms of total sales, they increased by 154.9%. Renault Korea sold a total of 15,154 units, up 76.4%, and KG Mobility sold a total of 9,860 units, up 19.1%.

However, Hyundai Motor Company and Kia’s individual system continued in May. This is because the share of the two companies based on total sales is 90.5%. In the case of the three medium-sized companies, ▲GM Korea 5.9% ▲Renault Korea 2.2% ▲KG Mobility 1.4%, a total of only 9.5%.

On the other hand, Hyundai Motor Company’s semi-large sedan Grandeur was the only one to sell more than 10,000 units last month.

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