Ssangyong Motor and Renault Samsung Motors took the lead in South Korean vehicle sales growth in August.
Ssangyong saw its sales surge 54.6% in August from a year earlier on the back of brisk exports and steady domestic demand, the Korea Herald reported.
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It sold a record 10,100 vehicles last month, compared with 6,534 units a year earlier. Domestic sales rose 37% on-year to 3,433 units with exports shooting up 65.5% to 6,667 units.
The Mahindra & Mahindra unit also said sales topped the 10,000-unit mark for the sixth straight month in August.
Renault Samsung Motors reported 44.7% year-on-year growth last month.
The company said it sold 27,328 vehicles in August, compared with 18,889 units sold in the same month last year.
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By GlobalDataIts exports rose 86.0% to 8,736 units with local sales gaining 9.1% from a year earlier to 11,075 units.
Kia Motors’ sales rose 27% from a year earlier as a surge in overseas sales offset decreased domestic demand.
The company sold 191,232 vehicles overall last month, compared with 150,526 vehicles a year earlier. Domestic sales decreased 5.2% on-year to 36,611 units last month, but exports shot up 38.2% to 154,621 units.
GM Korea saw its sales climb 12.9%. It sold 54,444 vehicles last month, compared with 48,211 units a year earlier.
The figure, however, represents an 18.4% drop from 66,681 units in July.
Hyundai Motor recorded 5.1% in growth with sales of 307,320 units with domestic sales moving up 4% to 51,322 units.
The carmaker also said overseas sales rose 5.3% on-year to 255,998 units. Total overseas sales includes cars made in Korea and foreign assembly plants.
