(MENAFN) Hyundai Motor Co., South Korea's top automaker, announced its February sales declined 5.5 percent from a year earlier, due to fewer working days and growing uncertainties in overseas markets, QNA reported.
Hyundai Motor confirmed that it sold 359,982 vehicles in February, falling from 380,919 units tallied a year before.
Its domestic sales came to 46,859 units, down 8.8 percent from a year earlier, while overseas shipments shrank 5 percent annually to 313,123 units, the company showed.
The company cited fewer working days from the Lunar New Year holding that fell in February this year, unlike last year when it decreased in January. Fewer working days reduced production of vehicles available for domestic sales.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.