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Renault Samsung May sales fall 22 pct as demand drops

All News 16:06 June 01, 2018

SEOUL, June 1 (Yonhap) -- Renault Samsung Motors Corp. said Friday its May sales fell 22 percent from a year earlier due to weaker demand for its vehicles.

Renault Samsung sold 16,101 vehicles last month, down from 20,517 units a year earlier, the company said in a statement.

Domestic sales dropped 20 percent on-year to 7,342 units last month from 9,222 units. Exports also declined 23 percent to 8,759 from 11,295 during the same period, the statement said.

In the January-May period, overall sales fell 4.6 percent on-year to 104,097 autos from 109,080, it said.

The company's current lineup includes the SM3 compact, the all-electric SM3 Z.E. sedan, the QM3 subcompact SUV and the SM5, SM6 and SM7 sedans.

Renault S.A. owns an 80 percent stake in Renault Samsung.

Renault Samsung Motors Corp. (Yonhap)


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