Hyundai Motor said on Feb. 1 its January sales fell 1.1 percent from a year earlier as overseas demand remained weak.
The country’s biggest carmaker sold 334,217 vehicles in January, down from 338,948 units a year earlier, the company said in a statement.
“Sales in China remained sluggish last month, affecting the monthly sales results,” the statement said.
Domestic sales, on the other hand, rose 14 percent to 51,426 cars last month from 45,100 a year ago. Overseas sales were down 3.8 percent to 282,791 from 293,848 during the same period, it said.
For the whole of 2017, Hyundai Motor saw its sales backtrack 6.5 percent to 4.5 million units from 4.8 million a year earlier.
By Seong Seung-hyun and newswires (firstname.lastname@example.org