South Korea’s main automakers saw a 10% increase in domestic sales in January 2026, totaling 99,790 units. Hyundai reported a 9% rise, while Kia saw a 12% increase and GM Korea’s global sales surged by 41%. The economy contracted by 0.3% in the fourth quarter of 2025 due to weaker investment and exports.

Hyundai’s global sales fell by 1.0% in January 2026, despite a 9% increase in domestic deliveries. The company aims for a slight increase in global sales to 4.158 million units in 2026. Kia reported a 2.4% rise in global sales, targeting an almost 7% increase to 3,350,000 units this year.

GM Korea’s global sales jumped by 41% in January 2026, driven by overseas sales. The company reported a sharp decline in domestic sales but plans to invest in local manufacturing operations. KGM reported a rise in global sales, focusing on new models to boost sales. Renault Korea’s global sales fell by 2.2%, with weak domestic sales offsetting a rise in exports.

Read more at Yahoo Finance: domestic vehicle market up 10% in January