According to South Korean automobile industry January 2 released data show that in 2014, domestic sales of five South Korean car manufacturers Hyundai, Kia, GM Korea, Renault Samsung and Ssangyong reached 894.5252 million, an increase of 3.9%. Thanks to the Korean domestic car market after three years to restore growth momentum, Hyundai, Kia Motors sales in 2014 topped 8 million.

2014, South Korea the five large domestic vehicle manufacturers (145.8311 ten thousand) and overseas (749.1441 ten thousand) sales rose 5.8%, respectively, and 3.5%. Specifically, Hyundai total sales reached 496.3456 million, Kia 304.1696 million, GM Korea 63.0363 million, Renault Samsung 16.9854 million, Ssangyong 13.9883 million.

Ranked first and second in the Hyundai-Kia Motors global sales and an increase of 5.9%, up to 800.5125 million, second only to Toyota, Volkswagen, General Motors, Renault Nissan, ranked fifth. GM Korea and Ssangyong Motor is due to the decline in exports led to annual sales fell by 18.9% and 2.0%, respectively.

Thanks to the recovery of the domestic market, South Korea five vehicle manufacturers in the country are showing sales growth year on year. Which grew 33.3 percent of Renault Samsung, Hyundai, Kia grew 6.9% and 1.6%, respectively, an increase of 7.9% of Ssangyong Motor, GM Korea increased by 2.2%.

Korean auto industry official said, in the import car offensive, South Korean car manufacturers have introduced new models and actively marketing to improved domestic demand was shrinking. Given the 2015 Ssangyong, Hyundai, Kia will launch a small SUV, the industry can look forward to new models of popular domestic market led to further warming.