Showing posts with label Nation - Korea. Show all posts
Showing posts with label Nation - Korea. Show all posts
Saturday, February 23, 2019
Korean Domestic Production (Brand) : 2017-18
Local total vehicle production has been dropping lately in Korea. Hyundai managed to keep things even in 2018 but all of the rest all lost out in some way. Kia (-2%) and SsangYong (-3%) were marginal losers but the others a little more so.
While that sounds negative, protection of the domestic market allows the total numbers of production to be substantial. Of course, an aggressive export
Monday, February 4, 2019
Japan / Korea JLR Comparison : 2010-18
Can we learn anything from this comparison. Absolutely. They are in close proximity but there are clearly differences in mentality. Korea has import duty applied to vehicles entering the country, Japan does not. Sales in Japan are three times the number. So JLR has a much easier time in Japan. Er...not so fast.
The data:
This covers the past the past nine years, so the 1.4 million figure
Monday, January 28, 2019
Korea Premium Sales Comparison : 2016-18
Unlike Japan, things in Korea bounce around a lot more. Mercedes has pushed to the top, with home town hero Genesis currently second. BMW had a problem with engines catching fire and they may have hurt them as that sort of thing doesn't go down well. Audi had the dieselgate issue and has been affected adversely by that, hence the collapse in 2017.
Both JLR and Lexus have a strong presence in
Thursday, January 17, 2019
Korea Top 40 Models : 2018
Korea has a protected market despite a successful car industry. That gives local manufacturers a foundation to build its industry on. Hyundai and Kia lead the way and have the top ten models in the domestic market. The first import comes in at #18, the Mercedes E-Class. The top European models are the MINI Hatch and Land Rover Discovery Sport, neither of which made the list at just over 4,000
Tuesday, August 22, 2017
Japan / Korea JLR Comparison : 2010-16
These two Asian neighbours are not exactly the same size when it comes to car sales. Korea is around the 1.4 million mark while Japan is over 4 million as an average for both from 2010 to 2016. So what do we learn? Despite Korea having tariffs on imports and Japan not, the data would give the impression the opposite was the case.
Korea: JLR penetration is a respectable 0.44%, the same as the
Sunday, February 19, 2017
Korea Car Sales - Brand / 2016
Total sales were 1,568,657, the same as 2015. Local makes increased slightly, despite Hyundai falling 14%. These figures exclude commercial vehicles, which most other statistics include. If they were added, then local market share would be higher.
Going back into the annals of time in Korea car sales, Kia was the top selling brand in 1975 for one year shortly after it started making Mazda
Thursday, March 6, 2014
Import Car Sales In Korea: Europe vs Japan vs USA
The BMW 520d was top import in 2013
Imports have always had a tough time penetrating a market protected by tariffs. Luxury marques are not too badly affected, but run of the mill brands often struggle or even give up. This situation favours European makes, as they have the most premium brands.
Going back twenty years, only Europe and the USA sold cars in Korea. Up until the year 2000, Europe
Tuesday, June 5, 2012
Car Sales Korea (Total): 2011
When you look at the Korean market, you soon see something is amiss. When people are offered choice, unhindered by government intervention, then many brands will do well. Import duties among other things create imbalanced sales. That is what has happened in Korea. It wants to export, but not import, an attitude seen across Asia. To see what I mean, below shows passenger car sales for 2011, market
Thursday, April 9, 2009
South Korea – Cars Rated
The Hyundai/Kia Company dominates but there are a few other brands manufacturing there.
2007 Production: 3.7 million cars and 4.1 m vehicles in total.
General perception: Cheap prices, value for money but not quite up to the standard of Japanese and European cars. Dull designs and poor drive appeal.
I say: The prices are rising, as is the quality. They still are good value. Saying you drive a
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