[THE INVESTOR] Renault Samsung Motors said on Sept. 3 its August sales nose-dived 35 percent from a year earlier on weaker overseas demand for its vehicles.
Renault Samsung sold 12,733 vehicles last month, down from 19,469 units a year earlier, the company said in a statement.
Domestic sales rose 1.5 percent to 7,108 units last month from 7,001 units a year ago. But exports plunged 55 percent to 5,625 autos from 12,468, the statement said.
In the January-August period, sales fell 12 percent on-year to 157,313 autos from 178,659, it said.
The company’s current lineup includes the SM3 compact, the all-electric SM3 Z.E. sedan, the QM3 small SUV, and the SM5, SM6 and SM7 sedans.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)