Hyundai faces first sales slide in over three years
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Hyundai faces first sales slide in over three years

Hyundai faces first sales slide in over three years

South Korean carmaker Hyundai Motor Co has said its total sales fell for the first time in more than three years in August, hurt by a slew of partial strikes at factories that hit domestic sales hard, Reuters has reported. The world's fifth largest carmaker along with affiliate Kia Motors said it sold 293,924 vehicles globally last month, down 4.6% from a year earlier, the first fall since May 2009 in the wake of the global financial crisis. The firm will try to make up the losses with extra work later this year and it sales target should be met on an annual basis, analysts and company officials said.

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