World News

Hyundai Motor’s China plant sales in February fall 97% from a year ago

SEOUL (Reuters) – Hyundai Motor’s <005380.KS> China domestic plant sales in February was 1,007 vehicles, company data showed on Tuesday, down 97% from 38,017 vehicles a year ago.

The automaker’s global auto sales fell to their lowest in a decade in February as coronavirus worries kept buyers away – in one of the first major indicators of damage to business in the broader auto sector due to the epidemic.

(Reporting by Joyce Lee; Editing by Christian Schmollinger)