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Business

GM Korea Reports 7.5% Drop in Annual Sales for 2025

Indian Community Editorial TeamBy Indian Community Editorial TeamJanuary 5, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
GM Korea Reports 7.5% Drop in Annual Sales for 2025
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GM Korea, the South Korean branch of General Motors, announced a 7.5% decrease in its yearly sales for 2025 compared to the previous year. The company disclosed that it sold 462,310 vehicles in 2025, a decline from the 499,559 units sold in 2024. Domestic sales saw a significant 39.2% decline to 15,094 units, while exports decreased by 5.8% to 447,216 units.

In December, GM Korea’s domestic sales were 1,142 units, marking a 36.6% drop from the previous year. Exports in December also decreased by 0.3% to 51,358 units. Gustavo Colossi, the vice president of sales and services at GM Korea, stated that in 2026, the company plans to enhance its brand presence in Korea by introducing a varied range of GMC and Buick models for Korean consumers.

Renault Korea Motors, the South Korean division of Renault S.A., reported a 17.7% decline in its annual sales for 2025 compared to the previous year, primarily due to sluggish exports. The company sold a total of 88,044 vehicles in 2025, down from 106,939 units in the prior year. Domestic sales surged by 31.3% to 52,271 units, while exports plummeted by 46.7% to 35,773 units.

Renault Korea credited the robust domestic performance to an 85.5% increase in sales of the Grand Koleos SUV. However, exports of the Arkana and QM6 SUVs dropped by 54% and 96.2%, respectively, significantly impacting overall performance. The company anticipates a rebound in exports in the upcoming year with the commencement of shipments of the Polestar 4 electric SUV.

Renault Korea initiated full-scale contract manufacturing of the Polestar 4 at its Busan plant last year.

Arkana Busan General Motors GM Korea Grand Koleos Gustavo Colossi Polestar 4 QM6 Renault Korea Motors Renault S.A. South Korea
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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