May 6, 2020 / 8:11 AM / 25 days ago

Hyundai Motor sales down 57% amid coronavirus pandemic

SEOUL, May 6 (Reuters) - South Korea’s Hyundai Motor 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%.

Reporting by Heekyong Yang and Joyce Lee; editing by Louise Heavens

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