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Market Chatter: Renault Korea's July Sales Plunge 58%

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Sales of Renault Korea plunged 58.2% to 3,030 units in July from a year earlier, Yonhap News reported Monday, citing a company release.

Weak domestic and overseas demand took a toll on sales.

Sales in South Korea fell 57.4% to 1,704 units in the month, while sales abroad decreased 59.2% to 1,326 units, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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