April 26, 2024
Automobiles
Hyundai’s sales fall 2% in July
[THE INVESTOR] Hyundai Motor said Aug. 1 that its sales fell 1.8 percent last month from a year earlier.
The country’s biggest carmaker by sales sold a total of 33,180 vehicles in July, down from 339,417 units a year earlier, the company said in a statement.
Declining demand from China continued to affect the company‘s monthly sales results amid a diplomatic row between Seoul and Beijing over the deployment of THAAD, the company said.
Domestic sales rose 25 percent year-on-year to 59,614 cars last month from 47,879 a year earlier. But overseas sales fell 6.2 percent to 273,566 from 291,538 during the same period, it said.
In the January-June period, Hyundai saw its sales plunge 42 percent to 301,277 vehicles in the world’s biggest auto market from 522,769 units a year earlier.
In the January-July period, Hyundai sold a combined 2.53 million autos, down 7.4 percent from 2.73 million during the same period a year before, it said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
The country’s biggest carmaker by sales sold a total of 33,180 vehicles in July, down from 339,417 units a year earlier, the company said in a statement.
Declining demand from China continued to affect the company‘s monthly sales results amid a diplomatic row between Seoul and Beijing over the deployment of THAAD, the company said.
Domestic sales rose 25 percent year-on-year to 59,614 cars last month from 47,879 a year earlier. But overseas sales fell 6.2 percent to 273,566 from 291,538 during the same period, it said.
In the January-June period, Hyundai saw its sales plunge 42 percent to 301,277 vehicles in the world’s biggest auto market from 522,769 units a year earlier.
In the January-July period, Hyundai sold a combined 2.53 million autos, down 7.4 percent from 2.73 million during the same period a year before, it said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
