Korea GM has reported an improvement in overall sales performance due to strong overseas demand.
On September 1, Korea GM announced that its total sales for August reached 23,042 units, a 9.4% increase from 21,059 units in the same month last year.
While domestic sales were sluggish, the increase in overseas sales offset this decline. Domestic sales fell from 1,207 units to 731 units, a decrease of 39.4%, while overseas sales rose from 19,852 units to 22,311 units, marking a 12.4% increase.
By model, the Trax crossover saw a significant increase in sales overseas, rising from 15,693 units in August last year to 18,223 units last month, a 16.1% increase.
A Korea GM official stated, “Despite the impact of facility construction carried out in August following the summer vacation, sales increased in overseas markets.”
Meanwhile, General Motors (GM) plans to invest a total of $600 million in its South Korean operations this year to enhance production facilities for small SUVs.
* This article has been translated by AI.
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