automobile-news

South Korean automakers's sales rise

Seoul, August 1 : Global car sales of South Korean automakers rose last month due to a rebound in the local sales and continued overseas demand, industry data showed Thursday.


The country's five automakers - Hyundai, Kia, GM Korea, Renault Samsung and SsangYong - sold a total of 642,979 vehicles in July, up by 3.4 percent from last year.

Robust car demand in the domestic market led to an upsurge in car sales in the month of July. Local car sales expanded 2.9 percent from a year earlier to reach this year's high of 124,963 units, Xinhua reported.

Despite the drop of 1.1 percent in domestic auto sales by Hyundai on a year-on-year basis in July, the sales figure reached the year's high of 59,302 units.

While the sales for Kia and Renault increased 3 percent and 1.7 percent each in July, GM Korea and SsangYong recorded a jump of 10.9 percent and 38.5 percent respectively due to a solid demand for sport utility vehicles (SUV) during the summer period.

--IANS (Posted on 01-08-2013)

automobile-news headlines

Ford to increase green content in manufacturing

Driverless cars to make driving safer

Driverless cars to make driving safer

Fiat India sets up free summer check up camps

Volvo cars explores future of child protection

Honda introduces 'Anniversary edition' of Amaze

Mercedes-Benz launches SUV GL 63 AMG

Hyundai receives 11,000 bookings of entry-level sedan Xcent

Soon, Supersonic car that will travel at 1,000mph

Tata Motors global sales at 95,668 units in March

Tata Motors global wholesales at 95,668 in March

Tata Motors Group global wholesales at 95,668 units in March 2014

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top