KG Mobility and Renault Korea increased midsize SUV market share to 24.8% in September, surpassing Hyundai Motor Group's 53%.

KG Mobility and Renault Korea have entered the midsize SUV market with their Actyon and Grand Koleos models, achieving combined sales of 5,586 units in September and capturing a 24.8% market share. This marks a significant increase of 19.7 percentage points since August. In contrast, Hyundai Motor Group's Santa Fe and Sorento saw their market share drop from 64.7% in July to 53%. Experts view this competition as beneficial for consumer choice.

October 14, 2024
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