Honda selling strong in Korea

Honda is only inches away from holding the fifth largest market share in the Korean car industry, after Hyundai, Kia, Renault Samsung, and Ssangyong. In June, Honda Korea reported it sold 1,354 units, closely trailing Ssangyong with 1,902 units.

Honda sold 753 units of its most popular model, Accord. This edged out Ssangyong's best-selling car, the Chairman W, which sold 745 units. "In the case of Accord, supply has been short this year. But as the sales in the U.S. market declined, we are now able to meet the demands on time by importing cars assembled in Japan for export to the United States to the Korean market," a Honda Korea executive stated.

Analysts speculate that the Accord is bound to break the 1000/month record, and the 2000 mark for Honda. The latter is a feat no import automaker has achieved in Korea as of now.

[Source: Chosun Ilbo]

Posted in: Honda,Sales