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Kia Motors' sales edges up 1.7 pct in July

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(Globalpost/GlobalPost)

SEOUL, Aug. 1 (Yonhap) -- Kia Motors Corp., South Korea's second-biggest automaker, said Thursday that its sales edged up only 1.7 percent in July from a year earlier due to reduced production.

Kia sold 211,858 vehicles in July, compared with 208,416 units in 2012, the company said in a statement.

Still, the figure represents a 10.6 percent drop from June when the carmaker sold a total of 236,989 units, Kia said, a decline the company blamed on weekend work stoppages earlier this year and summer vacation.

For the first seven months of this year, Kia sold 1.65 million units, up 3.3 percent from a year ago, according to Kia.

Kia has set a sales target of 2.75 million cars for this year, compared with 2.72 million units sold last year.

Kia and its larger sister company Hyundai Motor Co. together form the world's fifth-largest automaker.

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