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Kia's Nov. sales fall 3.8 pct on weak overseas demand

Industry 15:55 December 03, 2018

SEOUL, Dec. 3 (Yonhap) -- Kia Motors Corp. said Monday its November sales fell 3.8 percent from a year earlier as overseas demand for its vehicles remained weak.

Kia sold 247,115 vehicles in November, down from 257,000 units a year ago. The lower numbers were due to weak sales in China amid trade disputes between Washington and Beijing, the company said in a statement.

Domestic sales declined 0.7 percent on-year to 48,700 units last month from the previous month's 49,027 autos. Overseas shipments were down 4.6 percent to 198,415 from 207,973 over the same period, it said.

From January to November, sales rose 2.1 percent to 2.57 million units from 2.52 million in the year-ago period, it said.

Kia's Nov. sales fall 3.8 pct on weak overseas demand - 1

kyongae.choi@yna.co.kr
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