SEOUL: Hyundai Motor Co reports weaker sales as an ongoing labour dispute disrupted production, making it the only major South Korean automaker to cite a strike as a key factor behind its sales decline.
Hyundai Motor said it sold 318,454 vehicles worldwide in July, down 5.1% from the previous year.
Domestic sales fell sharply by 14.4% to 48,113 units and overseas sales dropped 3.2% to 270,341 units.
“July sales were impacted by a slowdown in overall industry demand, strike-related production disruptions and customers delaying purchases while waiting for new models,” a company official said.
...