KG Mobility (KGM) introduced on Dec. 1 that it offered a complete of 8,971 items in November in home and abroad markets, up 1.4% from the identical month final yr.
Home gross sales decreased 5.7% to three,121 items, whereas abroad gross sales elevated 5.6% to five,850 items. That is attributed to decreased electrical automobile gross sales because of the depletion of home subsidies.
Then again, abroad markets confirmed robust efficiency with Korando (1,163 items), Torres EVX (853 items), Torres (801 items), and Tivoli (680 items). The corporate defined that this was the results of actively launching new merchandise such because the Musso EV within the German market in addition to in Turkey and Israel this yr to focus on native markets.
A KGM official stated, “We’ll actively reply to the home market and improve gross sales quantity by strengthening buyer advantages by the Slim Pay Plan installment program that ensures the best stage of used automobile residual worth in Korea.”
