Home > Industry News

Title GM Korea May sales down 17% on weak local demand
Write admin Date 2017-06-19 Hit 65
GM Korea Co., the South Korean unit of General Motors Co., said Thursday its May sales fell 17 percent from a year earlier due to weak domestic demand.

GM Korea sold 43,085 vehicles in May, down from 51,907 units tallied a year earlier, the company said in a statement.

Exports fell 10 percent to 31,231 from 34,728. Domestic sales also plunged 31 percent to 11,854 units from 17,179 during the same period, it said.

The sales downturn was affected by the sharp decline in local demand for the Aveo subcompact, the flagship Impala and the large-size Alpheon sedan last month, the statement said.

In the January-May period, GM Korea saw its combined sales decline 6.8 percent on-year to 235,306 units from 252,435, it said. (Yonhap)
No Title Write Date Hit
308 Hyundai, Kia¡¯s sales recovering in China admin 2017-11-14 112
307 Hyundai Motor logs strong sales in Australia admin 2017-11-14 69
306 Hyundai Mobis develops world's first air bags for .. admin 2017-10-25 93
305 Hyundai to invest $5m in US center for mobility admin 2017-10-25 81
304 Hyundai-Kia rebounds in September admin 2017-10-16 94
303 Hyundai, Kia bolster CSR in Asia admin 2017-09-25 88
302 Hyundai Motor diversifies marketing in Europe admin 2017-09-25 85
301 Renault Samsung¡¯s new SUV caters to urban drivin.. admin 2017-09-25 65
300 Hyundai could become world¡¯s No. 1 with FCA merge.. admin 2017-09-25 61
299 Hyundai Mobis supplies parts worth $48b for US, Ch.. admin 2017-09-25 60
  1 2 3 4 5