South Korea August 2026: Tesla Model Y distant leader above Kia Sorento, market off -20.8%

September 10, 2026

New light vehicle sales in South Korea sink -20.8% year-on-year in August to 109,556 units. This despite foreign manufacturers up 9.2% to 29,817 whereas local carmakers drop -28.2% to 79,739. The year-to-date tally tilts into negative at -0.6% to 1,093,807 including 849,001 locals (-6.6%) and 244,80