April 19, 2024

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[THE INVESTOR] Renault Samsung Motors said on March 2 that  its February sales fell 22 percent from a year earlier on weak demand at home and abroad.

Renault Samsung sold 15,994 vehicles in February, down from 20,582 units the previous year, the company said in a statement.

Domestic sales plunged 33 percent on-year to 5,353 cars last month from 8,008 units. Exports declined 15.4 percent to 10,641 from 12,574 during the same period, the statement said.

In the January-February period, the carmaker said it sold 37,841 autos, down 7.3 percent from 40,838 the previous year.

 By Song Seung-hyun and newswires (ssh@heraldcorp.com)