SEOUL, July 1 (Korea Bizwire) –Renault Korea Motors Co., the South Korean arm of Renault S.A., reported a notable 23.4% increase in its June sales, driven by a significant rise in exports. The company announced on Monday that it sold 9,002 vehicles last month, a considerable jump from the 7,297 units sold in the same [...]
SEOUL, March 4 (Korea Bizwire) – GM Korea Co., the South Korean unit of General Motors Co., said Monday its vehicle sales rose nearly 17 percent in February from a year earlier thanks to strong demand from both home and abroad. GM Korea sold 30,630 vehicles last month, up 16.9 percent from 26,191 units from [...]
SEOUL, Feb. 4 (Korea Bizwire) – GM Korea Co., the South Korean unit of General Motors Co., said Sunday it will launch four new vehicles, including two electric models, this year to strengthen its presence in the domestic market. GM Korea plans to introduce two pure electric models — the Cadillac Lyriq SUV and the [...]
SEOUL, Feb. 1 (Korea Bizwire) – GM Korea Co., the South Korean unit of General Motors Co., said Thursday its vehicle sales more than doubled in January from a year earlier thanks to strong demand from both home and abroad. GM Korea sold 43,194 vehicles in January, up 165.8 percent from a year ago on [...]
SEOUL, Jan. 3 (Korea Bizwire) –In 2023, Renault Korea Motors, the South Korean unit of Renault S.A., faced significant challenges as its sales plummeted by over 38 percent compared to the previous year. The company reported selling 104,276 vehicles during the year, citing weak demand for its models both domestically and internationally. Domestic sales for [...]
SEOUL, Nov. 28 (Korea Bizwire) – In a strategic move set to redefine its presence in the domestic market, GM Korea is on the verge of achieving a noteworthy 20 percent share of South Korea’s automotive exports, bolstered by strong sales of the Trailblazer and Trax Crossover. In an industry where the combined market share of [...]
SEOUL, Sept. 3 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., said Sunday it will sell more vehicles directly to customers from this month through the online sales platform as part of its efforts to boost sales. On top of three models available online — the GM Chevrolet brand’s [...]
SEOUL, July 19 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., on Wednesday launched the upgraded Trailblazer compact SUV in South Korea to beef up its product lineup and boost sales. The face-lifted Trailblazer comes with a 1.35-liter gasoline E-Turbo engine, the company said in a statement. It is [...]
SEOUL, June 16 (Korea Bizwire) — General Motors Co. on Friday appointed a marketing expert from its Mexican operations as president and CEO of GM Korea. Hector Villarreal, vice president in charge of vehicle sales, service and marketing at GM Mexico, will replace Roberto Rempel on August 1. Rempel has decided to retire after serving [...]
SEOUL, June 8 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., said Thursday it will launch the all-electric Cadillac LYRIQ SUV later this year in line with its parent firm’s electrification plan. Lyriq is GM’s luxury Cadillac brand’s first electric model and is powered by GM’s Ultium EV battery [...]