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Renault Korea's sales drop 24.7% in September on weak demand

Renault Korea Motors, the Korean unit of France's Renault S.A., said Thursday its sales fell 24.7 percent in September from a year earlier amid weak demand at home. The automaker sold 6,556 vehicles last month, down from 8,710 units a year earlier, the company said in a release. Domestic sales dropped 45.2 percent on-year to 2,289 units last month, while exports backtracked 5.8 percent to 4,267…

Renault Korea's sales drop 24.7% in September on weak demand

Renault Korea Motors' sales declined by 24.7 percent in September compared to the same period last year. The company sold 6,556 vehicles, with domestic sales dropping 45.2 percent to 2,289 units and exports decreasing 5.8 percent to 4,267 units.

In contrast, GM Korea reported a 73.3 percent surge in sales for September, with a total of 41,101 vehicles sold. This growth was driven by strong overseas demand, with exports jumping 79.5 percent to 40,374 units. However, domestic sales fell 40.9 percent to 727 units.

From January to September, GM Korea's sales rose 17 percent to 381,785 units. During this period, domestic sales plunged 36.4 percent to 7,495 units, while exports climbed 19 percent to 374,290 units.

Brief written by urgent.news from The Korea Times, The Korea Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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