Home > World > GM Korea's Chevrolet Trax The Most Exported Car In South Korea In 2016

GM Korea's Chevrolet Trax The Most Exported Car In South Korea In 2016

By March 4, 2017 at 4:09 am
GM Korea Co. exported 240,351 Chevrolet Trax crossover SUVs in 2016, according to data from the Korea Automobile Manufacturers Association. (Photo : Justin Sullivan / Getty Images)

Demand from overseas for the Chevrolet Trax subcompact SUV spiked to become the most exported car in South Korea last year, according to the Korea Automobile Manufacturers Association (KAMA) on Friday.

The Chevrolet Trax, also known as Chevrolet Tracker in some countries like Russia and the Holden Trax in Australia, is a car built by the GM Korea and is currently exported to about 60 countries. GM Korea is the South Korean unit of American carmaker General Motors Co.

GM Korea Co. exported 240,351 Chevrolet Trax crossover SUVs last year, according to data compiled by KAMA. The figure marked an 8.5 percent increase from 221,560 units shipped abroad in the previous year. It was also 17.2 times more than the 13,990 units of the same vehicle sold in South Korea.

In terms of vehicles shipped overseas last year, the Chevrolet Trax was closely followed by the Hyundai Accent. The total of 238,805 units of the Accent, a subcompact car from the South Korea's largest carmaker Hyundai Motor Co., was shipped in 2016, according to the data.

In terms of the number of vehicles sold abroad, however, the Hyundai Accent surpassed the Chevrolet Trax as Hyundai Motor built and sold about 300,000 Accent cars in markets abroad, according to the data. The Hyundai Accent is also marketed as the Hyundai Verna in other countries, according to a report by the Yonhap News Agency.

In 2016, South Korea exported 2.62 million cars, a decline of 11.8 percent from the earlier year, according to a report by BusinessKorea.

Last year, Hyundai Motor's exports fell 12.7 percent to 1,009,292, when its smaller affiliate Kia Motors Corp.'s exports dropped 10.9 percent to 996,506 units. This was largely attributed to the worker strikes that led to a decline in production by 200,000 units. GM Korea's exports fell by 10.1 percent during the cited period, the BusinessKorea report said.

The Hyundai Avante, which is marketed as the Hyundai Elantra in other countries, was the third most exported car last year, with 192,894 units shipped abroad.

Hyundai Motor and Kia Motors have seven vehicles in the top 10 most exported cars last year. GM Korea had two vehicles that landed in the top 10, while Renault Samsung Motors Co. had one. 

Like Us on Facebook