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S. KOREA'S H1 VEHICLE SALES RISE 8.1 PCT ON OVERSEAS DEMAND.(Financial report)

AsiaPulse News

| July 02, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, July 2 Asia Pulse - South Korean auto sales rose 8.1 per cent from a year ago in the first six months of this year as overseas demand boosted exports, according to figures released by the nation's five carmakers Monday.

Overall six-month sales among the five automakers, led by Hyundai Motor Co. (KSE:005380) and GM Daewoo Auto & Technology Co., stood at 2,605,101 units, compared with 2,409,385 units sold for the same period a year ago.

GM Daewoo, a unit of U.S. auto giant General Motors Corp., drove the growth with its first-half sales jumping 32.8 per cent to a record 483,655 units.

Hyundai Motor, the nation's top automaker, sold 1,296,694 units for the six months, ...

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Source: HighBeam Research, S. KOREA'S H1 VEHICLE SALES RISE 8.1 PCT ON OVERSEAS...

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