With a tax break for new vehicles purchased to replace cars registered before 31 December, 1999 set to expire, most South Korean carmakers saw massive year-on-year jumps in domestic market sales last month.

GM Daewoo Auto and Technology (GMDAT) led the rise with November Korean sales soaring 165.9% to 12,063 from 4,537 a year ago.

Renault Samsung Motors booked a 131.7% year-on-year domestic sales rise to 13,906 from 6,901.

Leading carmaker by sales, Hyundai Motor, saw its November home market volume nearly double, by 93.2% to 69,356 from 35,902, spurred by the redesigned D-segment Sonata of which over 17,000 units were sold.

Troubled SUV specialist Ssangyong Motor - which has just announced a series of special December deals to attract buyers - also had a good November with sales rising 59% year on year to 2,595 from 1,632.

Hit by a lengthy strike earlier in the year, Ssangyong's monthly sales slipped compared to October but the automaker is now under 2,100 units short of the 32,000 target it set for this year.

Kia Motors' November domestic rise was only 48% - 38,687 from 26,145 - but that was nonetheless the lowest of all the domestic tallies.

However, November saw mixed export results for the Korean carmakers.

Ssangyong and GM Daewoo's exports in the month dropped 4.6% (2,101 from 2,203) and 26.2% (42,438 from 57,847) respectively, year on year.

Ssangyong's overseas sales for the first 11 months of the year declined 77.8% year while GM Daewoo's were off 43.6%.

Renault Samsung's November exports increased 25.6% (to 6,656 from 5,301) as shipments of the QM5 doubled year on year but exports for the first 11 months almost halved by almost 40,000 units from the 88,663 sent overseas in the same period last year.

In contrast, Hyundai's November overseas sales rose 22.3% year on year, to 239,517 from 195,878, boosted by rapidly rising sales in China.

Although the number of locally produced vehicles shipped abroad during the first 11 months of the year declined 18.2%, the drop was more than offset by the 32.4% increase in sales of overseas-assembled vehicles, pushing up Hyundai's overseas sales for the period by 7.3% year on year.

Kia's January-to-November overseas sales accounted for by Korean manufactured cars dropped 2.1%, but vehicles produced at the firm's overseas plants increased 9.7%, taking the total to 984,901 units, 1.7% higher year on year.

Its November overseas sales rose 20% year on year - to 127,927 from 106,649.

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