SKorea's Renault Samsung July car sales up

SEOUL (Thomson Financial) - Renault Samsung Motors, a major unit of French auto firm Renault SA, said Wednesday it posted a 25 percent year-on-year jump in vehicle sales in July on the back of firm demand for the face-lift model of its SM5.

In July, the company sold 16,004 vehicles, with domestic sales up 26.7 percent year-on-year at 12,421 and exports up 19.2 percent at 3,583 units.

On a monthly basis, sales volume was up 21.7 percent in July.

In the seven months of the year, total vehicle sales stood at 98,467, up 11.5 percent from a year ago.

Renault (other-otc: RNSDY.PK - news - people ) has an 80.1 percent stake in the local unit, with the remainder owned by credit card issuer, Samsung Card.

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