KGM Sells 8,863 Vehicles in September, Including Domestic and Export Sales, Up 3.5% From a Year Earlier
TECHWORLD ·
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KG Mobility (KGM) said total sales in September were 8,863 units.
Domestic sales in September were 2,100 units, and exports were 6,763 units.
Despite higher export volume, domestic sales fell as EV subsidies were exhausted, but overall performance increased from the previous month.
KG Mobility (KGM) said total sales in September came to 8,863 units. Domestic sales in September were 2,100 units, and exports totaled 6,763 units. Although domestic sales fell as EV subsidies were exhausted, despite increased export volume, September performance recovered, rising from the previous month.
The drop in domestic sales was attributed to the exhaustion of EV subsidies. Even as export volume increased, domestic sales declined. However, overall September performance rose from the previous month and showed signs of recovery.
Exports increased on the back of stronger sales in Turkey, Germany and Hungary. As a result, exports surpassed 6,000 units for the first time in 3 months since 8,345 units in June last year. Exports rose 3.5% from a year earlier, and cumulative exports also showed an upward trend.
By model, Torres EVX sold 1,930 units, Musso EV sold 1,117 units and Musso sold 1,597 units. EV and Musso sales were reported to have driven the upward trend.
KGM is pursuing expanded exports. KGM entered the Myanmar market in August and entered Ethiopia's KD business in September. Based on this, it is accelerating efforts to target new markets.
At home, it is strengthening its market response. KGM officially sponsored the '2026 Run Seoul Run' marathon and, while expanding customer touchpoints, is strengthening its response to the domestic market by offering a range of financial benefits and various purchase incentives.
KGM said it saw a recovery, rising from the previous month on the back of increased export volume. Based on this, KGM plans to pursue expanded global sales and strengthen efforts to target emerging markets through its KD business, while also strengthening its response to the domestic market. KGM said it intends to expand sales by offering financial and purchase incentives and reinforcing its market strategy.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=407694
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Source: TECHWORLD
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