GM Korea's April sales fall 6.3% on weaker demand
GM Korea Co., the South Korean unit of General Motors Co., said Friday its sales fell 6.3 percent in April from a year earlier on lower demand for its models.
The company sold 41,644 vehicles last month, down from 44,426 units in the same period last year, the company said in a press release.
Domestic sales plunged 42 percent on-year to 1,326 units last month from 2,297, while exports declined 4.3 percent to 40,318 from 42,129.
From January to April, total sales dropped 9.1 percent to 154,161 units from 169,638 a year earlier.
Domestic sales tumbled 41 percent to 5,434 units from 9,216, while exports were down 7.3 percent to 148,727 from 160,422.
As part of a two-track strategy, GM Korea sells both domestically assembled and imported vehicles in South Korea, Asia's fourth-largest economy.
Its current lineup is composed of two locally assembled models -- the Trailblazer SUV and the Trax Crossover -- and two imported models -- the Colorado pickup and the GMC Sierra Denali pickup. (Yonhap)
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