Sales of imported light passenger vehicles in South Korea rose 6% to 34,904 units in September 2026, up from 32,834 a year earlier, according to KAIDA registration data. Year-to-date imports jumped 24% to 279,729 units, driven by demand for BEVs and HEVs, while the five main domestic automakers' combined sales fell 7.6% to 953,480 units. Tesla led the import segment with 89,148 units, up 104% and holding a 32% share, while BMW (57,929 units, slightly up) and Mini (6,066 units, up 8%) together accounted for 23%. Mercedes-Benz fell over 10% to 43,249 units and Porsche dropped over 21% to 6,573, while Toyota rose 20% to 8,513 and Lexus fell 4% to 11,197. BYD's sales jumped sevenfold to 20,137 units, though it failed to qualify for BEV incentives under the government's new points-based system.
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/12/2026 | 378.03 |
| Change that session | -1.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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