The BMW X4 breaks into the foreigner Top 10 in August.
The post-pandemic rebound is over in South Korea with new automobile gross sales ending 5 consecutive months of year-on-year features in August at -3.5% to 131.876 models vs. +41.2% in June and +9.2% in July. Local producers are down -7.2% to 117.234 however foreigners can’t compensate that loss regardless of a 20.8% surge to 21.894 models. The year-to-date tally is now up 6.2% to 1.226.434 models, together with 1.049.274 locals (+4.8%) and 169.908 foreigners (+15.7%). As a results of this shift to adverse territory we have now revised our 2020 South Korea forecast down from 1.96 million (+9%) a month in the past to 1.92 million gross sales (+7%).
Atop the manufacturers charts, Both Hyundai (-5.4%) and Kia (-11.4%) each fall sooner than their residence market, including as much as 60.5% share vs. 65.7% thus far in 2020. The hero of the month is BMW hovering 69% year-on-year and 5 spots on July to 3rd total, toppling Genesis (+54.2%) from the rostrum and overtaking Ssangyong (-15.5%), Renault Samsung (-21.5%), Mercedes (-10.5%) and GM Korea (-8%), with all of the aforementioned manufacturers dropping share year-on-year. Recovering from a cease sale order final 12 months, Audi (+886.3%) stays at #9 whereas Mini (+1.1%) is up 5 spots on July to #10. Porsche (+97.9%), Honda (+74.6%), Lamborghini (+57.1%), Volkswagen (+50.1%), Rolls Royce (+21.4%), Lexus (+16.6%) and Ford (+16.2%) additionally impress with double-digit features.
The Hyundai Grandeur (+85.6%) stays the most well-liked car within the nation, distancing the Hyundai Porter (+2.1%) and Santa Fe (-9.2%) whereas the Kia Sorento (+75.9%) surges forward year-on-year however drops one spot on July to #Four and the Hyundai Avante (+18.4%) is down Three to #5. The Genesis G80 (+98%), Hyundai Palisade (+92.4%) and Kia Carnival (+17.6%) additionally shine within the the rest of the Top 10. The Genesis GV80 stays the best-selling current launch however drops 7 spots to #21, now rating simply above the Chevrolet Trailblazer (#22) and Samsung XM3 (#23). We welcome the Renault Samsung Zoe at #56 with Eight gross sales.
The BMW 5 Series (+14.8%) topples the Mercedes E-Class (-40%) to turn out to be the best-selling overseas mannequin in South Korea for the month, whereas far under the Mercedes A-Class, GLE and Audi A6 spherical out the Top 4. The BMW X3, X4, X5 and Mercedes G-Class additionally make their look within the Top 10.
Previous month: South Korea July 2020: Hyundai (+18.7%), Genesis (+168%), VW Group (+381.7%) stun in 5th straight positive month (+9.2%)
One 12 months in the past: South Korea August 2019: Kia Seltos breaks into Top 5 in market down -6.1%
Full August 2020 Top 30 All-brands, Top 57 All native fashions and Top 10 overseas fashions under.
South Korea August 2020 – manufacturers:
| Pos | Brand | Aug-20 | % | /19 | Jul | 2020 | % | /19 | Pos | FY19 |
| 1 | Hyundai | 45,715 | 32.9% | -5.4% | 1 | 442,881 | 36.1% | -1.9% | 1 | 1 |
| 2 | Kia | 38,411 | 27.6% | -11.4% | 2 | 363,352 | 29.6% | 9.2% | 2 | 2 |
| 3 | BMW | 7,252 | 5.2% | 69.0% | 8 | 36,498 | 3.0% | 40.3% | 8 | 8 |
| 4 | Genesis | 7,062 | 5.1% | 54.2% | 3 | 67,067 | 5.5% | 63.6% | 4 | 7 |
| 5 | Ssangyong | 6,792 | 4.9% | -15.5% | 5 | 54,349 | 4.4% | -25.2% | 6 | 3 |
| 6 | Renault Samsung | 6,104 | 4.4% | -21.5% | 6 | 67,647 | 5.5% | 28.6% | 3 | 4 |
| 7 | Mercedes | 6,030 | 4.3% | -10.5% | 7 | 47,613 | 3.9% | 0.9% | 7 | 5 |
| 8 | GM Korea | 5,898 | 4.2% | -8.0% | 4 | 53,978 | 4.4% | 10.8% | 5 | 6 |
| 9 | Audi | 2,022 | 1.5% | 886.3% | 9 | 14,443 | 1.2% | 422.0% | 9 | 10 |
| 10 | Mini | 1,107 | 0.8% | 1.1% | 15 | 7,214 | 0.6% | 12.6% | 13 | 14 |
| 11 | Volkswagen | 881 | 0.6% | 50.1% | 10 | 9,404 | 0.8% | 223.6% | 10 | 17 |
| 12 | Lexus | 703 | 0.5% | 16.6% | 14 | 5,049 | 0.4% | -49.3% | 16 | 9 |
| 13 | Porsche | 554 | 0.4% | 97.9% | 13 | 5,841 | 0.5% | 83.7% | 14 | 19 |
| 14 | Chevrolet | 464 | 0.3% | n/a | 11 | 8,950 | 0.7% | n/a | 11 | 24 |
| 15 | Ford | 437 | 0.3% | 16.2% | 17 | 4,521 | 0.4% | -23.0% | 17 | 16 |
| 16 | Toyota | 433 | 0.3% | -20.1% | 16 | 3,757 | 0.3% | -51.4% | 18 | 11 |
| 17 | Jeep/Chrysler | 410 | 0.3% | -40.8% | 18 | 5,029 | 0.4% | -18.4% | 15 | 13 |
| 18 | Volvo | 336 | 0.2% | -61.9% | 12 | 7,929 | 0.6% | 13.6% | 12 | 12 |
| 19 | Land Rover | 280 | 0.2% | -51.2% | 19 | 2,962 | 0.2% | -44.2% | 19 | 18 |
| 20 | Honda | 241 | 0.2% | 74.6% | 24 | 1,823 | 0.1% | -71.0% | 21 | 15 |
| 21 | Peugeot | 216 | 0.2% | -38.5% | 22 | 1,632 | 0.1% | -31.2% | 23 | 20 |
| 22 | Lincoln | 144 | 0.1% | n/a | 21 | 1,683 | 0.1% | n/a | 22 | n/a |
| 23 | Cadillac | 89 | 0.1% | -42.6% | 23 | 886 | 0.1% | -26.5% | 24 | 25 |
| 24 | Maserati | 74 | 0.1% | -40.3% | 26 | 538 | 0.0% | -30.0% | 27 | 26 |
| 25 | Citroen | 60 | 0.0% | -25.0% | 25 | 707 | 0.1% | 24.5% | 25 | 27 |
| 26 | Jaguar | 53 | 0.0% | -79.3% | 27 | 488 | 0.0% | -64.5% | 28 | 22 |
| 27 | Infiniti | 36 | 0.0% | -36.8% | 20 | 576 | 0.0% | -56.6% | 26 | 23 |
| 28 | Lamborghini | 33 | 0.0% | 57.1% | 29 | 193 | 0.0% | 168.1% | 30 | 28 |
| 29 | Bentley | 22 | 0.0% | n/a | 28 | 201 | 0.0% | 175.3% | 29 | 30 |
| 30 | Rolls-Royce | 17 | 0.0% | 21.4% | 30 | 106 | 0.0% | -5.4% | 31 | 29 |
| 31 | Nissan | 0 | 0.0% | -100.0% | – | 1,865 | 0.2% | -17.2% | 20 | 21 |
| – | Total native producers | 109,982 | 79.1% | -7.2% | – | 1,049,274 | 85.6% | 4.8% | – | – |
| – | Total overseas producers | 21,894 | 15.7% | 20.8% | – | 169,908 | 13.9% | 15.7% | – | – |
| – | Total market | 131,876 | 94.8% | -3.5% | – | 1,219,182 | 99.4% | 6.2% | – | – |
South Korea August 2020 – native fashions:
| Pos | Model | Aug-20 | /19 | Jul | 2020 | /19 | Pos | FY19 |
| 1 | Hyundai Grandeur | 10,235 | 85.6% | 1 | 102,220 | 57.0% | 1 | 1 |
| 2 | Hyundai Porter | 7,118 | 2.1% | 4 | 62,352 | -11.5% | 2 | 3 |
| 3 | Hyundai Santa Fe | 6,224 | -9.2% | 7 | 38,580 | -33.9% | 9 | 4 |
| 4 | Kia Sorento | 6,116 | 75.9% | 3 | 53,471 | 60.5% | 5 | 9 |
| 5 | Hyundai Avante | 5,792 | 18.4% | 2 | 54,434 | 28.1% | 4 | 6 |
| 6 | Kia Carnival | 5,622 | 17.6% | 22 | 25,072 | -43.2% | 16 | 5 |
| 7 | Hyundai Sonata | 4,595 | -45.3% | 10 | 47,781 | -26.2% | 6 | 2 |
| 8 | Hyundai Palisade | 4,433 | 92.4% | 9 | 41,533 | 10.9% | 7 | 10 |
| 9 | Genesis G80 | 4,100 | 98.0% | 6 | 33,093 | 105.7% | 11 | 25 |
| 10 | Kia Bongo | 3,996 | -19.6% | 8 | 41,191 | -1.9% | 8 | 7 |
| 11 | Kia K5 | 3,944 | 65.1% | 5 | 59,231 | 136.2% | 3 | 17 |
| 12 | Kia Morning | 3,606 | -10.7% | 13 | 27,766 | -15.2% | 14 | 11 |
| 13 | Samsung QM6 | 3,317 | -26.4% | 18 | 30,901 | 20.6% | 13 | 12 |
| 14 | Kia Seltos | 3,277 | -46.4% | 12 | 36,392 | 285.3% | 10 | 21 |
| 15 | SsangYong Korando Sports | 2,873 | -12.7% | 15 | 21,659 | -23.0% | 20 | 15 |
| 16 | Kia Ray | 2,518 | 35.3% | 19 | 18,342 | -10.0% | 22 | 23 |
| 17 | Chevrolet Spark | 2,244 | -38.0% | 21 | 18,343 | -19.2% | 21 | 19 |
| 18 | Kia K7 | 2,172 | -68.8% | 17 | 31,610 | -1.4% | 12 | 8 |
| 19 | Hyundai Grand Starex | 1,951 | 33.4% | 11 | 23,968 | -15.1% | 17 | 16 |
| 20 | SsangYong Tivoli | 1,901 | -18.0% | 27 | 13,728 | -47.3% | 28 | 20 |
| 21 | Genesis GV80 | 1,810 | new | 14 | 21,826 | new | 19 | – |
| 22 | Chevrolet Trailblazer | 1,780 | new | 20 | 13,819 | new | 27 | – |
| 23 | Samsung XM3 | 1,717 | new | 23 | 25,878 | new | 15 | – |
| 24 | Hyundai Tucson | 1,664 | -35.6% | 24 | 16,448 | -36.4% | 24 | 18 |
| 25 | Kia K3 | 1,631 | -49.8% | 28 | 16,901 | -43.3% | 23 | 13 |
| 26 | Hyundai Kona | 1,574 | -36.4% | 16 | 23,073 | -15.0% | 18 | 14 |
| 27 | Kia Niro | 1,498 | -13.0% | 29 | 15,070 | -21.7% | 25 | 24 |
| 28 | Kia Sportage | 1,472 | -0.9% | 31 | 12,412 | -36.4% | 30 | 22 |
| 29 | SsangYong Korando | 1,426 | 0.3% | 30 | 12,402 | 28.9% | 31 | 27 |
| 30 | Kia Mohave | 1,361 | 213.6% | 25 | 14,001 | 605.0% | 26 | 35 |
| 31 | Hyundai Venue | 1,029 | -72.2% | 26 | 12,472 | 128.7% | 29 | 28 |
| 32 | Genesis G90 | 704 | -32.2% | 32 | 6,496 | -51.2% | 34 | 26 |
| 33 | Hyundai Nexo | 675 | 173.3% | 36 | 3,987 | 85.9% | 39 | 40 |
| 34 | SsangYong G4 Rexton | 592 | -41.3% | 33 | 6,560 | -19.4% | 33 | 31 |
| 35 | Kia K9 | 579 | -27.6% | 34 | 5,514 | -28.0% | 36 | 34 |
| 36 | Samsung SM6 | 562 | -50.7% | 35 | 6,756 | -39.4% | 32 | 30 |
| 37 | Genesis G70 | 448 | -69.5% | 37 | 5,652 | -51.3% | 35 | 29 |
| 38 | Chevrolet Trax | 419 | -60.0% | 40 | 4,625 | -44.1% | 37 | 32 |
| 39 | Chevrolet Malibu | 364 | -50.7% | 38 | 4,564 | -48.6% | 38 | 33 |
| 40 | Kia Stonic | 355 | -25.4% | 44 | 2,995 | -54.6% | 41 | 36 |
| 41 | Chevrolet Traverse | 318 | new | 43 | 2,885 | new | 42 | 56 |
| 42 | Daewoo Labo | 292 | 5.8% | 45 | 2,103 | -9.5% | 44 | 45 |
| 43 | Daewoo Alpheon | 273 | -0.7% | 49 | 1,997 | -13.7% | 45 | 47 |
| 44 | Renault Samsung Captur | 270 | new | 42 | 1,395 | new | 50 | – |
| 45 | Hyundai Ioniq | 264 | -61.1% | 47 | 2,587 | -36.3% | 43 | 37 |
| 46 | Kia Stinger | 195 | -25.6% | 46 | 1,870 | -30.9% | 46 | 44 |
| 47 | Renault Samsung Master | 142 | -56.7% | 39 | 1,493 | 3.5% | 48 | 48 |
| 48 | Chevrolet Colorado | 96 | new | 41 | 3,272 | new | 40 | 55 |
| 49 | Hyundai Veloster | 95 | -41.0% | 48 | 1,668 | 4.9% | 47 | 51 |
| 50 | Chevrolet Equinox | 71 | -57.2% | 52 | 901 | -40.0% | 51 | 52 |
| 51 | Kia Soul | 69 | -60.6% | 53 | 864 | -81.9% | 52 | 38 |
| 52 | Hyundai i30 | 66 | -53.5% | 55 | 392 | -63.9% | 55 | 54 |
| 53 | Renault Samsung Twizy | 48 | 118.2% | 50 | 595 | -52.0% | 54 | 53 |
| 54 | Chevrolet Bolt | 41 | -80.7% | 54 | 1,398 | -36.3% | 49 | 42 |
| 55 | Samsung SM3 | 40 | -81.4% | 51 | 621 | -77.1% | 53 | 46 |
| 56 | Renault Samsung Zoe | 8 | new | – | 8 | new | 57 | – |
| 57 | Chevrolet Corvette/Camaro | 0 | -100.0% | – | 68 | -45.6% | 56 | 59 |
South Korea August 2020 – overseas fashions:
| Pos | Model | Aug-20 | /19 | Jul | 2020 | /19 | Pos | FY19 |
| 1 | BMW 5 Series | 2,834 | 14.8% | 2 | 13,977 | 24.6% | 2 | 2 |
| 2 | Mercedes E Class | 2,357 | -40.0% | 1 | 19,962 | -24.1% | 1 | 1 |
| 3 | Mercedes A Class | 870 | n/a | n/a | 3,856 | n/a | 7 | 70 |
| 4 | Mercedes GLE | 751 | n/a | n/a | 1,946 | n/a | 12 | 27 |
| 5 | Audi A6 | 745 | n/a | 4 | 5,943 | 132.2% | 4 | 9 |
| 6 | BMW X3 | 723 | n/a | n/a | 1,501 | 61.4% | 13 | 32 |
| 7 | Mercedes G Class | 592 | n/a | n/a | 592 | n/a | 21 | 160 |
| 8 | BMW X4 | 572 | n/a | n/a | 739 | 51.7% | 19 | 54 |
| 9 | Mini Hatchback | 537 | -5.0% | n/a | 2,409 | -30.9% | 11 | 13 |
| 10 | BMW X5 | 522 | n/a | n/a | 761 | -24.7% | 18 | 28 |
Source: KAIDA, Manufacturers
