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THE INVESTOR
July 21, 2019
Big Reunion

Automobiles

Hyundai, Kia improve while auto sales in Korea drop in Dec.

  • PUBLISHED :January 02, 2019 - 16:17
  • UPDATED :January 02, 2019 - 16:17
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[THE INVESTOR] Hyundai Motor said on Jan. 2 its December sales rose 0.4 percent from a year earlier on weak overseas demand.

The carmaker sold 410,326 vehicles last month, up from 408,637 units a year earlier, the company said in a statement.

Domestic sales jumped 22 percent to 64,835 units last month from 3,361 a year ago. Overseas sales fell 2.8 percent to 345,491 from 355,276 during the same period. 


For all of 2018, sales gained 1.8 percent to 4.59 million autos from 4.51 million units a year earlier.

Its affiliate Kia Motors saw sales rise 6.3 percent from a year earlier. It sold a total of 241,199 vehicles in December, up from 226,875 units a year ago. Domestic sales fell 13 percent to 42,200 from 46,502 during the same period, while overseas sales rose 10 percent to 198,999 from 180,373.

For all of 2018, sales gained 2.4 percent to 2.81 million units from 2.75 million in the year-ago period, it said.

Renault Samsung Motors saw its December sales plunge 30 percent. It sold 18,462 vehicles, down from 26,515 units the previous year.

Domestic sales rose 8.6 percent to 10,805 units last month from 9,953 units a year ago. But exports nosedived 54 percent to 7,657 autos from 16,562 during the same period last year.

For the whole of 2018, sales dropped 18 percent on-year to 227,577 from 276,808, it said.

GM Korea’s sales fell 6.7 percent from a year. It sold 42,424 vehicles, down from 45,466 units a year earlier. Domestic sales declined 12 percent to 10,428 units last month from 11,852 a year ago. Exports were down 4.8 percent to 31,996 from 33,614 during the same period.

For all of 2018, sales dropped 12 percent to 462,871 autos from 524,547 a year earlier.

SsangYong Motor’s sales fell 0.2 percent last month. It sold 14,177 vehicles, down from 14,208 units a year earlier, due to weak overseas demand for its vehicles.

Domestic sales edged up 0.1 percent to 10,656 units in December from 10,647 a year earlier. But exports backtracked 1.1 percent to 3,521 units from 3,561 during the same period.

For the whole of 2018, the maker of the flagship G4 Rexton and compact Tivoli SUVs sold a combined 141,995 vehicles, down 1.2 percent from 143,685 a year earlier.

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


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