SEOUL, April 1 (Yonhap) -- Renault Samsung Motors Corp. said Monday its sales plunged 49 percent last month from a year earlier on weak exports.
Renault Samsung sold 13,796 vehicles in March, down from 27,059 units the previous year, the company said in a statement.
Domestic sales dropped 16 percent to 6,540 units last month from 7,800 units a year ago. Exports nose-dived 62 percent to 7,256 from 19,259 vehicles during the same period, the statement said.
In the January-March quarter, sales were down 40 percent to 39,210 autos from 64,900 in the year-ago period, it said.
The company's current lineup includes the SM3 compact, the all-electric SM3 Z.E. sedan, the QM3 small SUV, and the SM5, SM6 and SM7 sedans.
France's Renault S.A. has an 80 percent stake in Renault Samsung.
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