In 2022, the Hyundai Porter was the top-selling domestic car model in South Korea with a sales volume of around 92,400, followed by Kia's Sorento with about 69,000 units. The Porter ranked first in unit sales for the second consecutive year.
Hyundai Motor Company and KIA Motors are the leading car manufacturers in the country. Both also rank among the strongest car brands worldwide. Originally two distinct companies, Hyundai Motors Company acquired 51 percent of KIA Motors’ shares when the latter declared bankruptcy during the Asian financial crisis in the late 1990s and today retains around one-third of the company. The alliance also comfortably ranks first in the domestic manufacturing market, ahead of Renault’s and General Motors’ Korean branches as well as the country’s third domestic producer, KG Mobility Corporation (formerly SsangYong Motor Company).
Leading domestic car models in South Korea in 2022, based on sales volume
(in 1,000s)
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Motorgraph. (January 4, 2023). Leading domestic car models in South Korea in 2022, based on sales volume (in 1,000s) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/946856/south-korea-topselling-domestic-car-models-based-on-sales-volume/
Motorgraph. "Leading domestic car models in South Korea in 2022, based on sales volume (in 1,000s)." Chart. January 4, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/946856/south-korea-topselling-domestic-car-models-based-on-sales-volume/
Motorgraph. (2023). Leading domestic car models in South Korea in 2022, based on sales volume (in 1,000s). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/946856/south-korea-topselling-domestic-car-models-based-on-sales-volume/
Motorgraph. "Leading Domestic Car Models in South Korea in 2022, Based on Sales Volume (in 1,000s)." Statista, Statista Inc., 4 Jan 2023, https://www.statista.com/statistics/946856/south-korea-topselling-domestic-car-models-based-on-sales-volume/
Motorgraph, Leading domestic car models in South Korea in 2022, based on sales volume (in 1,000s) Statista, https://www.statista.com/statistics/946856/south-korea-topselling-domestic-car-models-based-on-sales-volume/ (last visited November 03, 2024)
Leading domestic car models in South Korea in 2022, based on sales volume (in 1,000s) [Graph], Motorgraph, January 4, 2023. [Online]. Available: https://www.statista.com/statistics/946856/south-korea-topselling-domestic-car-models-based-on-sales-volume/