Korea domestic sales rise 15% in August - just-auto.com (registration)
Domestic sales among South Korea’s five main automakers increased by 14. 6% to 120,400 units in August, from weak year-earlier sales of 105,085 units, according to data released individually by the vehicle manufacturers and compiled by just-auto. This year, local demand in the country has remained robust, nevertheless, following successive cuts in the Bank of Korea’s benchmark interest rate in the first half of the year to a historic, low 1. 5%. Cumulative domestic sales in the first eight... Hyundai Motor ’s global sales increased by 3. 3% to 369,792 units in August, from 358,098 units a year earlier, as the company stepped up marketing campaigns in key global markets to reverse flagging demand in previous months. Its global sales in the first eight months of the year fell by over 2. 8% to 3,143,384 units, from 3,235,494 units a year earlier. Hyundai’s domestic sales jumped by 6. 1% to 51,098 units in August, from 48,143 units a year earlier,. Source: www.just-auto.com
