Car sales edge up in April

By Korea Herald
  • Published : May 2, 2014 - 21:09
  • Updated : May 2, 2014 - 21:09
Hyundai Motor, the nation’s largest carmaker, announced Friday that its sales in April increased 7.7 percent on-year to 440,194 vehicles, including 65,891 in Korea and 374,303 abroad.

The carmaker performed strongly on its home turf, selling 12.9 percent more cars compared to the same period a year ago. The revamped Sonata sedan became the best-selling car in its debut month with 11,904 unit sales.

The new Genesis, launched in December, also continued its upward trend with its sales more than doubling to 2,966 vehicles on-year.

Hyundai’s smaller affiliate Kia Motors also said its sales jumped 9.4 percent last month from a year ago, mainly helped by robust overseas demand.

The carmaker said it sold 276,305 units overall last month, up from 252,670 a year earlier.

Of all the cars sold, sales in the home market contracted 3.8 percent on-year to 39,005 units, while overseas sales stood at 237,300, an 11.9 percent increase from April 2013, the company said.

GM Korea, the Korean unit of Detroit-based General Motors, said that it sold 13,086 vehicles in Korea and exported 46,896 vehicles in April.

The Korean figure was a 27.5 percent surge from 10,260 units sold in the same month last year. It was the carmaker’s tenth consecutive month of on-year sales growth.

Ssangyong Motor, owned by India’s Mahindra Group, said its sales in April moved up 8.1 percent on-year, propped up by consumer demand for its popular Korando family SUVs.

The carmaker’s total sales hit 13,634 units last month compared with 12,607 vehicles sold a year earlier. Domestic sales reached 6,010 units, a 17.5 percent increase from the same one-month period in 2013.

April sales of Renault Samsung Motors jumped 15.4 percent last month from a year earlier helped by robust domestic sales, said the Korean unit of French auto giant Renault Group.

The company said it sold 12,542 vehicles in April, compared with 10,871 units a year ago. Domestic sales soared 35.7 percent on-year to 6,153 units, with overseas sales hitting 6,389 vehicles for an annual gain of 0.8 percent.

By Lee Ji-yoon and news reports