Park Dong-hoon, the CEO of Renault Samsung Motors, has said the company’s goal for 2017 is to sell 270,000 units (around 5% up on 2016) on its continued sales momentum of the SM6 sedan, QM6 SUV and two new models set for launch this year.
The company appears to be aiming for some market impact from its all-electric Twizzy, which could find demand in Korea’s highly urbanised and congested cities.
“We have two new models scheduled for launch this year, the Clio and the Twizzy. We hope to suggest a new definition of mobility through the vehicles,” Park said in the new year conference at the Westin Chosun Hotel, central Seoul, according to the Korea Herald.
The Renault subsidiary aims to sell some 120,000 units in the domestic market and export 140,000 units, the newspaper said.
The all-battery electric vehicle Twizzy is currently ready for release, but will be rolled out gradually, the automaker said. The vehicle will be launched in the B2B segment to test the market before hitting local dealerships.
At the conference, Park also highlighted strong sales of the midsize sedan SM6 and QM6 SUV in 2016.
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By GlobalData“The year 2016 began with SM6 and ended with QM6. We flagged more sales than our yearly target,” Park said.
In 2016, Renault Samsung Motors sold a total of 57,478 SM6 vehicles, surpassing the yearly target mark of 50,000 units on successful sales of the two key models, the firm said.
The company also recorded the second-highest ever sales of 257,345 units, up 12 percent on-year in 2016. A total of 111,101 units were sold in the domestic market, while 146,244 were exported overseas, the company said.
See also: ANALYSIS – Why RSM Samsung matters to Groupe Renault globally