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Honda to End South Korea Car Sales by 2026

4/24/2026

50 4 Full Breakdown

Summary

Story summary

Honda Motor will cease car sales in South Korea by the end of 2026.
The move ends a 23-year presence in the market.
Honda cites market shifts and a need to focus resources for competitiveness.
Car sales fell to under 2,000 units in 2025, over 20 % below 2024.
The firm will maintain service, parts and warranty for owners and will expand its motorcycle business, selling 420,600 units since 2001.

History

Historical Context

After 16 years of losses, GM sold its European Opel and Vauxhall brands to PSA Group in August 2017 for €2.2 billion, ending its ownership of the marques since 1931. The divestiture followed earlier exits from left-hand-drive markets and signaled a shift toward North America and Asia, where GM now concentrates its EV and profitability efforts.

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Story summary

Honda Motor will cease car sales in South Korea by the end of 2026.
The move ends a 23-year presence in the market.
Honda cites market shifts and a need to focus resources for competitiveness.
Car sales fell to under 2,000 units in 2025, over 20 % below 2024.
The firm will maintain service, parts and warranty for owners and will expand its motorcycle business, selling 420,600 units since 2001.

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