10 Car Dealerships in South Korea Closing Down NOW — And 3 That Could Survive

South Korea’s car market is changing—and the pressure is showing up on the showroom floor. From shrinking Chevrolet networks and Audi dealership changes to Honda’s planned exit from new-car sales, this video examines ten pressure points reshaping where Koreans buy and service their cars. We look at closures, ownership changes, weaker sales and restructuring across Chevrolet, Audi, Mercedes-Benz dealers, KG Mobility, Stellantis, Ford and Lincoln, Jaguar, Citroën and DS, independent used-car dealers, and Honda. Not every business faces the same outcome: some are retreating, others are rebuilding, and several continue operating under new ownership or a different sales model. Then we explore three potentially more resilient dealership models: Hyundai, Kia and Genesis networks; value-focused newcomers such as BYD; and diversified multi-brand dealer groups. What could these changes mean for servicing, trade-ins and your next car purchase? Has a dealership near you closed or changed hands? Tell us which brand and where in the comments. Subscribe to South Korea Vehicles for more analysis of the Korean automotive market.