The Grand Koleos accounts for 90% of Renault Korea sales in November.

November new light vehicle sales disappoint in South Korea at -8.1% to 147,577. This includes 123,793 domestic manufacturers (-6.4%) and 23,784 foreigners (-16%). Year-to-date volumes are down an equally unimpressive -6.7% to 1,489,973 including 1,250,209 locals (-6.5%) and 239,764 foreigners (-7.5%). Hyundai (-14.6%) holds the brands top spot for the 4th straight month, widening the gap with sister brand Kia (-4.2%) to almost 21,000 units year-to-date. Genesis (+0.6%) is stable at #3, selling over 10,000 units for the 13th consecutive month. Meanwhile Renault Korea surges 289.4% to #4 thanks to a single model. BMW (-5.2%), Mercedes (-28%) and Tesla (+1.5%) follow and top the foreigners charts. Further down, Lamborghini (+84.8%), Land Rover (+38.7%), Rolls Royce (+36.4%) and Lexus (+15.8%) impress.

Looking at domestic models, the Kia Sorento (+11.4%) signs its 8th win of the year and cements its year-to-date domination. The nameplate is above the 10,000 unit mark for the first time since September 2023 and reaches its highest volume in over 4 years: since the 11,596 units it sold in June 2020. The Hyundai Santa Fe (-13.7%) climbs up to 2nd place despite a harsh year-on-year loss, it distances the Kia Carnival (+28.3%) rallying back up five spots on last month to #3. The Hyundai Sonata (+36%) for its part is back up 7 ranks to #4. The event of the month is in 5th place: the Renault Korea Grand Koleos confirms it is an instant blockbuster with over 6,500 sales and is the first Renault model to rank inside the Korean Top 5 since the QM6 did so in December 2019.

As for foreign models, the Tesla Model Y (-13.9%) reclaims the top spot for the first time since last June but is stuck in third place year-to-date. The BMW 5 Series (+8.3%) stays in second place, overtaking last month’s leader the Mercedes E Class (-39%). Outstanding results for the Mercedes G Class (+305.5%), GLC (+70.2%) and BMW X5 (+41.6%).

Previous month: South Korea October 2024: Kia Seltos breaks record, Renault Grand Koleos inside Top 10

One year ago: South Korea November 2023: Kia Sorento threepeats at #1, Tesla Model Y #1 foreigner

Full November 2024 Top 30 All brands, Top 55 All domestic models and Top 50 foreign models below.

South Korea November 2024 – brands:

PosBrandNov-24%/23Oct2024%/23PosFY231Hyundai52,21935.4%– 14.6%1522,62335.1%– 10.6%112Kia48,19232.7%– 4.2%2501,98033.7%– 3.5%223Genesis10,9517.4%+ 0.6%3123,9718.3%+ 7.0%334Renault Korea7,3014.9%+ 289.4%532,7382.2%+ 60.1%785BMW6,6654.5%– 5.2%667,2504.5%– 3.3%446Mercedes5,0863.4%– 29.0%459,5614.0%– 12.6%557Tesla3,6182.5%+ 1.5%1028,4981.9%+ 84.6%8118KG Mobility (ex Ssangyong)3,3092.2%– 34.5%744,5063.0%– 25.6%669GM Korea1,8211.2%– 39.6%823,0231.5%– 37.0%9710Lexus1,3700.9%+ 15.8%912,8490.9%+ 5.4%111211Volvo1,3190.9%– 19.6%1113,6030.9%– 11.7%101012Volkswagen1,0770.7%+ 11.5%147,7340.5%– 12.0%141413Audi9140.6%– 34.3%128,3860.6%– 49.6%13914Toyota8010.5%– 4.1%138,6140.6%+ 13.3%121615Porsche7720.5%+ 2.7%157,5160.5%– 28.0%151316Mini6160.4%– 38.2%166,8880.5%– 21.1%161517Land Rover4160.3%+ 38.7%173,9580.3%– 15.5%171818Ford3680.2%– 2.9%193,4840.2%+ 10.9%182019Jeep1680.1%– 60.0%182,3850.2%– 41.1%191920Chevrolet1130.1%– 80.4%211,3820.1%– 74.7%221721Lincoln1050.1%– 40.3%202,0800.1%+ 82.0%212222Peugeot650.0%– 76.4%278520.1%– 51.7%232123Lamborghini610.0%+ 84.8%244330.0%+ 12.8%262924Honda540.0%– 71.1%222,1450.1%+ 73.8%202425Polestar500.0%– 70.1%284800.0%– 69.2%252326Cadillac490.0%– 57.4%236270.0%– 27.0%242527Bentley470.0%– 27.7%253400.0%– 54.5%272628GMC240.0%– 33.3%263040.0%– 31.8%282729Rolls-Royce150.0%+ 36.4%301650.0%– 35.3%303030Maserati110.0%– 52.2%292300.0%– 40.6%2928 –Total local manufacturers123,79383.9%– 6.4% –1,250,20983.9%– 6.5% – – –Total foreign manufacturers23,78416.1%– 16.0% –239,76416.1%– 7.5% – – –Total market147,577100.0%– 8.1% –1,489,973100.0%– 6.7% – –

South Korea November 2024 – domestic models:

PosModelNov-24/23Oct2024/23PosFY231Kia Sorento10,434+ 11.4%185,710+ 10.2%132Hyundai Santa Fe7,576– 13.7%370,912+ 62.4%383Kia Carnival7,516+ 28.3%875,513+ 17.0%244Hyundai Sonata6,658+ 36.0%1150,668+ 47.0%8175Renault Korea Grand Koleos6,582new1015,912new23 –6Hyundai Tucson5,583+ 74.2%548,652+ 21.2%10127Hyundai Avante5,452– 6.5%650,428– 16.3%968Hyundai Grandeur5,047– 36.8%264,444– 38.4%519Kia Seltos4,887+ 9.9%456,385+ 19.8%71010Kia Ray4,753+ 3.6%1744,772– 4.1%11911Hyundai Porter4,682– 49.4%763,199– 31.0%6212Kia K84,336+ 54.9%1230,380– 21.3%191513Kia Sportage4,233– 29.2%965,827+ 2.8%4514Hyundai Staria4,094+ 22.5%1537,769+ 4.2%151615Hyundai Casper3,745– 34.3%1640,151– 3.1%131116Genesis G803,487+ 15.3%1342,318+ 2.9%121317Genesis GV803,362– 13.2%2236,810+ 50.7%162218Genesis GV703,155+ 8.4%1431,871+ 0.1%172119Kia Bongo3,083– 47.3%1838,041– 35.6%14720Kia K52,645– 30.1%1931,732+ 2.3%182021Kia EV32,284new2112,390new28 –22Hyundai Palisade2,282– 27.7%2318,825– 51.8%211423Hyundai Kona2,034– 36.6%2025,853– 20.7%201924Kia Morning1,467– 30.5%2613,227– 45.1%262325Chevrolet Trax Crossover1,398– 39.4%2417,328– 21.3%222426Hyundai Ioniq 51,252– 27.3%2813,602– 14.0%252727Kia Niro1,163– 30.0%2913,792– 37.7%242528KGM Rexton Sports926– 6.8%2711,923– 16.9%292829Kia EV6770– 29.7%348,899– 46.2%312630Hyundai Ioniq 6734+ 18.8%304,776– 47.5%373231KGM Actyon693new254,641new38 –32Genesis G90683– 5.0%357,326– 35.3%343033KGM Torres644– 58.3%3112,717– 62.1%271834KGM Tivoli530– 7.8%326,355+ 2.2%353735Hyundai Venue395– 49.1%364,230– 45.5%393436Renault Korea QM6350– 66.2%337,349– 27.3%333137KGM Torres EVX332– 80.1%376,013+ 250.6%364538Renault Korea Arkana309– 55.5%388,487+ 3.4%323339Chevrolet Trailblazer302– 28.9%393,948– 44.5%403640Genesis G70206– 22.8%422,193– 45.8%434041Hyundai ST1173new46939new48 –42Kia EV9144– 61.6%411,903– 64.5%453543KGM Rexton112– 34.1%431,814– 31.4%464344Hyundai Nexo111– 52.2%402,703– 36.4%413945Kia K999– 58.1%441,969– 46.4%444146Kia Mohave78– 75.1%452,294– 51.9%423847KGM Korando69– 29.6%481,010– 25.3%474848Genesis GV6058– 39.6%50546– 82.7%514249Chevrolet Traverse45– 44.4%47923– 17.2%495050Renault Korea SM639– 73.5%49674– 67.4%504451Chevrolet Colorado28– 71.4%52346– 78.7%524652GMC Sierra25+ 13.6%53300– 29.1%545353Chevrolet Tahoe23+ 64.3%54125– 47.0%555454Renault Korea Master21n/a51316+ 364.7%535755KGM Korando EV3new5533new56 –

South Korea November 2024 – foreign models:

PosModelNov-24/23Oct2024/23PosFY231Tesla Model Y3,048– 13.9%317,671+ 35.0%332BMW 5 Series1,957+ 8.3%218,815+ 1.5%223Mercedes E Class1,886– 39.0%122,030– 0.8%114Mercedes GLC846+ 70.2%47,657+ 28.4%585BMW X5657+ 41.6%95,594+ 20.5%7126Lexus ES609+ 8.4%56,469– 9.9%667BMW 7 Series541– 0.7%313,769+ 21.2%15218Mercedes G Class519+ 305.5%192,069+ 4.7%29349BMW X7511– 12.9%133,908+ 3.5%141810Tesla Model 3481n/a2010,319+ 1769.4%4n/a11Mercedes S Class468– 41.4%65,044– 48.3%9412BMW X4452+ 95.7%163,725– 21.6%161313Lexus NX393+ 9.8%103,547+ 21.0%182214Volvo XC60383– 46.1%75,386+ 3.0%81015Mini Cooper Hatch382+ 8.2%112,890– 27.2%222016BMW 3 Series354+ 79.7%84,747– 19.8%11917VW ID.4341+ 133.6%n/a2,460+ 170.3%26n/a18BMW X6312+ 9.9%153,139– 3.5%201919Volvo XC40306+ 30.2%302,400+ 37.9%273620VW Jetta292+ 167.9%211,931+ 113.6%30n/a21Volvo S90290+ 75.8%471,916– 31.4%312422Porsche Panamera286+ 228.7%491,395– 20.1%42n/a23Audi Q5266+ 66.3%25748– 49.9%n/an/a24Toyota RAV4246– 10.9%262,613– 2.8%242525Mini Countryman232– 31.0%352,559+ 3.2%252726VW Tiguan229– 39.6%271,721– 57.4%331727Porsche Cayenne226– 36.2%123,329– 25.1%191528Mercedes GLE217– 72.0%144,955– 18.9%10729BMW 6 Series209– 51.8%224,277– 21.6%131130Ford Explorer209– 4.6%n/a1,484+ 5.7%41n/a31Mercedes CLE198new322,658new23–32BMW iX3184– 26.1%411,666– 34.3%352833Audi Q4 e-Tron182+ 119.3%242,964+ 407.5%21n/a34BMW X1182– 53.9%401,710+ 22.1%343835BMW 4 Series179+ 88.4%331,553+ 42.3%39n/a36Porsche Taycan175+ 0.0%43915– 38.7%n/a4037VW Golf160+ 33.3%361,083– 13.5%48n/a38Lexus RX159– 2.5%n/a1,593+ 32.4%36n/a39Range Rover154+ 58.8%441,526– 31.0%403040Mercedes GLS148+ 28.7%341,205– 20.4%443941BMW X3141– 57.9%234,618+ 3.3%121442Mercedes EQE134– 47.5%281,829– 31.1%322343Toyota Camry133+ 10.8%501,586– 9.6%38n/a44Mercedes A Class130+ 465.2%392,156+ 259.9%28n/a45BMW 1 Series125– 60.7%381,061– 33.1%49n/a46Toyota Crown119– 10.5%n/a959+ 28.0%n/an/a47Audi A6117– 78.5%n/a1,592– 78.3%37548BMW 2 Series113+ 18.9%n/a686+ 132.5%n/an/a49Mercedes C Class111– 37.6%293,604– 13.0%171650Toyota Sienna110+ 34.1%n/a924– 8.3%n/an/a

Source: KAIDA, Manufacturers