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SEOUL, April 1 (Yonhap) -- Kia Motors Corp., South Korea's second-biggest automaker, said Monday that its sales dipped 1.8 percent in March from a year ago due to an economic slowdown and reduced production.
Kia Motors sold 236,081 vehicles last month, compared with 240,495 units a year earlier, the company said in a statement. Still, the figure represents a 15 percent increase from 205,341 vehicles sold in February.
Its domestic sales dropped 6.1 percent on-year to 39,500 vehicles in March, with overseas sales dipping 0.9 percent on-year to 196,581 units.
For the first three months, Kia sold 702,200 units, up 1.5 percent from a year ago.
Kia has set a sales target of 2.75 million cars for this year, compared with 2.72 million units sold in 2012.
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