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Kia's August sales fall 5.2 pct amid pandemic

All News 15:53 September 01, 2020

SEOUL, Sept. 1 (Yonhap) -- Kia Motors Corp. said Tuesday that its sales fell 5.2 percent last month from a year earlier due to weak demand amid the COVID-19 pandemic.

Kia sold 216,945 vehicles in August, down from 228,741 units a year ago, as the spread of the coronavirus weighed on consumer sentiment at home and abroad, the company said in a statement.

Domestic sales declined 11 percent to 38,463 units last month from 43,362 a year ago, while overseas sales decreased 3.7 percent to 178,482 from 185,379 during the cited period.

From January to August, sales were down 11 percent to 1,603,791 autos from 1,807,970 in the year-ago period.

Domestic sales rose 9 percent to 363,800 in the first eight months from 333,312 in the year-ago period, but overseas sales fell 16 percent to 1,239,991 from 1,474,658 during the cited period.

This photo, taken on April 27, 2020, shows Kia Motors' plant in Gwangmyeong, just south of Seoul. (Yonhap)


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