S.Korea Kia Motors July sales down yr/yr on strikes

Newswire

SEOUL, Aug 1 (Reuters) - Kia Motors Corp , South Korea's second largest automaker, said on Thursday its sales during July fell to 56,010 units compared to 72,874 vehicles a year ago. Exports over the same period fell to 28,346 units, compared to 39,600 vehicles a year ago, Kia said in a statement. "Partial strikes had the greatest impact on overall sales in July," Kia spokeswoman Kim Jin-ho told Reuters. In late July, the automaker reached a wage agreement with its union ending more ...

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