Kia Motors Domestic Sales Down 8.2 Percent in May


(MENAFN- Qatar News Agency) Oul june 02 (qna) - kia motors corp. south korea's second-largest automaker said monday its domestic sales fell 8.2 percent in may from a year ago due to decreased production at home.

its overseas sales however rose 1.5 percent on-year in may south korea's news (yonhap) reported.

a fewer number of working days due to holidays early in the month pulled down its domestic sales in may the automaker said.

kia motors sold a total of 253618 units last month 36252 at home and 217366 abroad.

a 3.8 percent gain in its overseas production was the main factor for the increase in its overseas sales the company said. the may sales figure however is down 8.4 percent from the previous month.

its flagship cars such as the k3 and k5 sedans and sportage r suv led the advance in its overseas sales the company said.

for the first five months kia's combined sales in south korea reached 183262 units down 2.9 percent from the same period last year. the company's combined overseas sales rose 9.7 percent to 1.12 million units in the same period.

kia motors said it plans to overcome the sluggish domestic sales with the launch of its brand new carnival minivan this month. (qna)


Qatar News Agency

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