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Renault Samsung May sales fall 22 pct as demand drops

All Headlines 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)

kyongae.choi@yna.co.kr
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