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Renault Samsung's Aug. sales rise 2 pct on SUVs

Economy 15:52 September 02, 2019

SEOUL, Sept. 2 (Yonhap) -- Renault Samsung Motors Corp. said Monday its sales rose 2 percent last month from a year earlier on robust sales of SUVs.

Renault Samsung sold 12,987 vehicles in August, up from 12,733 units the previous year, the company said in a statement.

Domestic sales rose 9.3 percent to 7,771 units last month from 7,108 units a year ago helped by strong sales of the QM3 compact and QM6 midsize SUVs. But exports fell 7.3 percent to 5,216 from 5,625 during the same period amid a slowing global economy, the statement said.

From January to August, its sales plunged 39 percent to 114,705 autos from 157,313 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.

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

Renault Samsung's Aug. sales rise 2 pct on SUVs - 1


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