Renault Korea's 2023 sales down 38.5 pct on weak demand
Renault Korea Motors, the South Korean unit of Renault S.A., said Wednesday its 2023 sales fell over 38 percent from a year earlier as demand for its models remained weak, Azernews reports, citing Yonhap.
Renault Korea sold 104,276 vehicles in 2023, down 38.5 percent from a year earlier due to sluggish demand at home and abroad, the company said in a statement.
Domestic sales plummeted 58.1 percent to 22,048 units while exports dropped 29.7 percent on-year to 82,228 units, it said.
The company said its bestselling model last year was the XM3 model, selling 77,979 units, followed by the QM6 sport utility vehicle and SM6 sedan models.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!