Kia has benefited the most from government tax incentives estimated to have prompted the purchase of 40% of the 387,000 vehicles sold in Korea between May and July.
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Its sales in the period jumped 49.2% year on year in the same period.
Renault Samsung sales rose 37.7% while Kia parent Hyundai saw its sales increase by 27.6%, the Korea Herald reported.
In contrast, Ssangyong’s sales dropped 72.6% due to the 77-day sit in while GM Daewoo’s sales declined 29%.
By segment, sport utility vehicle sales benefited the most (+99.7%), followed by compact cars (+56.5%) and large cars (+42.6%).
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By GlobalDataHowever, city and mid-sized segments suffered 16.4% and 3.8% sales declines.
