NEW DELHI:SEOUL: South Korea’s Hyundai Motor (005380.KS) said on Wednesday its provisional April sales fell 57% on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts to curb its spread sharply contracted auto demand and dealership traffic.
Hyundai Motor said last month it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the coronavirus pandemic caused first-quarter vehicle sales to tumble 18%.
Source: Reuters, Reporting by Heekyong Yang and Joyce Lee; editing by Louise Heavens
