SEOUL: Two major South Korean automakers have reported more than 15 percent increase in their sales volumes in July compared to the previous year, data showed Monday.
Sales of Hyundai Motor Company and Kia Motors Corporation in BRIC Brazil, Russia, India and China markets have registered significant increase in July.
Both sold a combined 190,000 vehicles in Brazil, Russia, India and China in July, up 15.9 percent from 164,000 units from the same period a year earlier, according to the data released by Hyundai's Korea Automotive Research Institute. (QNA)