[THE INVESTOR] Renault Samsung Motors said on Sept. 30 that the preorders of the QM6, to be released in October in South Korea, has surpassed 10,000 units in a month.

The new version of its QM5 SUV was unveiled at the Beijing auto show in April. The QM5 is being marketed as the Renault Koleos overseas.

Renault Samsung’s new SUV will compete with rival models, such as Hyundai Motor’s Santa Fe and Tuscon, and Kia Motors’ Sorento and Sportage in the midsized SUV market, which has shown strong growth over the past few years.



Renault Samsung plans to ship its new SUVs to Latin America and Australia this year, and to Europe next year, company officials said.

(theinvestor@heraldcorp.com)