April 25, 2024
Automobiles
Kia’s sales drop 6% in July
[THE INVESTOR] Kia Motors said on Aug. 1 its vehicle sales have fallen 5.6 percent last month from a year earlier.
The country’s second-biggest carmaker by sales sold a total of 216,118 vehicles in July, down from 229,044 units a year earlier, the company said in a statement.
Sharp sales declines in China continued to affect monthly results, the company said in a statement.
Affected by the THAAD row, Kia’s sales in China plunged 55 percent to 129,670 autos in the January-June period from 285,590 units a year earlier, the company said.
Domestic sales fell 0.9 percent year-on-year to 43,611 units in July from 44,007. And overseas sales declined 6.8 percent to 172,507 from 185,037 over the same period, it said.
In the January-July period, Kia’s combined sales declined 8.9 percent to 1.54 million autos from 1.67 million last year, the statement said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
The country’s second-biggest carmaker by sales sold a total of 216,118 vehicles in July, down from 229,044 units a year earlier, the company said in a statement.
Sharp sales declines in China continued to affect monthly results, the company said in a statement.
Affected by the THAAD row, Kia’s sales in China plunged 55 percent to 129,670 autos in the January-June period from 285,590 units a year earlier, the company said.
Domestic sales fell 0.9 percent year-on-year to 43,611 units in July from 44,007. And overseas sales declined 6.8 percent to 172,507 from 185,037 over the same period, it said.
In the January-July period, Kia’s combined sales declined 8.9 percent to 1.54 million autos from 1.67 million last year, the statement said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
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