KG Mobility February Sales Fall 2.6% to 8,237 on Export Slump

KG Mobility (KGM) said Tuesday it sold 8,237 vehicles in February, down 2.6% from a year earlier.

Domestic sales rose 38.3% to 3,701 units, while overseas sales fell 21% to 4,536.

KGM said its domestic performance improved on higher deliveries of the Musso, launched in January. February marked the company’s strongest monthly domestic sales in five months, since September last year (4,100 units).

Musso sales increased 24% from the previous month to 1,393 units, following 1,123 in January. Exports of the Torres EVX rose 22% from the prior month to 1,445 units, but total exports edged lower overall.

KGM said it plans to boost sales by strengthening customer engagement and brand communication at home, rolling out new models such as the Musso, and stepping up efforts in export markets.

* This article has been translated by AI.

Oh Jooseok