May 11, 2024
Automobiles
GM Korea’s sales down 17% in May
[THE INVESTOR] GM Korea said on June 1 that its May sales fell 17 percent from a year.
GM Korea sold 43,085 vehicles in the month, down from 51,907 units tallied a year earlier, the company said in a statement.
Exports fell 10 percent to 31,231 from 34,728. Domestic sales also plunged 31 percent to 11,854 units from 17,179 during the same period, it said.
The sales downturn was affected by the sharp decline in local demand for the Aveo subcompact, the flagship Impala and the large-size Alpheon sedan last month, the statement said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
GM Korea sold 43,085 vehicles in the month, down from 51,907 units tallied a year earlier, the company said in a statement.
Exports fell 10 percent to 31,231 from 34,728. Domestic sales also plunged 31 percent to 11,854 units from 17,179 during the same period, it said.
The sales downturn was affected by the sharp decline in local demand for the Aveo subcompact, the flagship Impala and the large-size Alpheon sedan last month, the statement said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
