GM Korea, the third largest automaker in South Korea after Hyundai Motor Company and Kia Motors revealed yesterday that sales of Cadilac cars during the first quarter of 2010 have risen to 191 units. The number represents an increase of more than 100 percent compared to the first quarter of 2009.
During the month of March 73 new Cadillacs were sold in Korea, marking an increase of 92 percent from the same month last year, the automaker said.
The company attributed the increase to the launch of new vehicles and the expansion of its retail network. Two new showrooms were opened in Seoul and Daejeon during the second half of last year, and GM Korea signed A&G Motors on as a new dealer in December.
According to the statement, GM Daewoo plans to open another showroom in southern Seoul in the second half of 2010 to further strengthen its sales network and increase its sales to more than 100 vehicles per month. [Source: Koreaherald]
Read more about Sonata sales here.
The fourth largest carmaker in Korea, the Renault-Samsung Motors announced that its first quarter car exports rose to a new record.
The automaker revealed it has exported more than 22.400 new vehicles during the first quarter of the year, beating previous record set in September 2000.
Export figures have increased 171 percent compared to last year and the outlook for the next three months is good as well announced the company.
According to the statement, some cars have been sold overseas under the Renault and Nissan nameplates and that has helped the automaker quite a lot. Since Renault-Samsung began exporting vehicles in significant volumes back in 2006 with the compact car SM3, its exports have increased steadily. Exports now account for 48 percent of overall new car sales.
The fact that the sales of Renault-Samsung cars are increasing shows that the automaker has built an attractive vehicle line-up and also that the company has gained the confidence among consumers overseas.
Renault-Samsung is the fourth largest automaker in South Korea after Hyundai Motor Company, Kia Motors and GM Daewoo.
The automaker revealed it has exported more than 22.400 new vehicles during the first quarter of the year, beating previous record set in September 2000.
Export figures have increased 171 percent compared to last year and the outlook for the next three months is good as well announced the company.
According to the statement, some cars have been sold overseas under the Renault and Nissan nameplates and that has helped the automaker quite a lot. Since Renault-Samsung began exporting vehicles in significant volumes back in 2006 with the compact car SM3, its exports have increased steadily. Exports now account for 48 percent of overall new car sales.The fact that the sales of Renault-Samsung cars are increasing shows that the automaker has built an attractive vehicle line-up and also that the company has gained the confidence among consumers overseas.
Renault-Samsung is the fourth largest automaker in South Korea after Hyundai Motor Company, Kia Motors and GM Daewoo.
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