South Korea's five carmakers sold 597,213 vehicles in January, up 4.8 percent from 569,929 units a year earlier due to strong demand for sport utility vehicles (SUVs).
Domestic sales by Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp., and SsangYong Motor Co. soared 17 percent to 116,270 units in January from 480,943 a year ago.
Their overseas sales rose 2.3 percent to 480,943 from 470,327 during the same period.
Last month, Hyundai's sold 319,959 units, up 1.6 percent from 314,825 a year ago. Kia sold 226,298, climbing 2.5 percent from 220,734 last year.
Hyundai's best sellers were the Palisade, Tucson, and Santa Fe SUVs, while for Kia, it was the Sportage and Seltos SUVs.
SUV sales allowed Hyundai and Kia to offset weak overseas sales last month.
Strong domestic sales of SUVs under Hyundai's independent Genesis brand, the GV70, and GV80 SUVs, also helped keep Hyundai's sales afloat.
Hyundai and Kia will continue to focus on promoting their SUV models this year.
SsangYong Motor sold 8,648 units in January to post a 13 percent on-year jump.
GM Korea Co. sold 36,126 units last month for a 76 percent on-year jump.
Meanwhile, Renault S.A. enjoyed a 36 percent on-year gain in January, selling 2,618 vehicles.


Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
Dollar Strengthens as US-Iran Tensions and Central Bank Decisions Drive Currency Markets
AI Stocks Rally in Asia as Oil Surge and Hawkish Central Banks Shake Global Markets
Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Oil Prices Slip Amid UAE’s OPEC Exit and Ongoing Iran Conflict Concerns
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build
Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge 



