Renault Samsung’s Feb. sales plunge 40 pct on lower demand, reduced output

  • Renault Samsung Motors Corp. said Monday its sales plunged 40 percent last month from a year earlier due to a shortage of parts caused by the outbreak of the new coronavirus.
  • The company stopped the operation of its sole plant in Busan, 453 kilometers south of Seoul, for four working days in February.
  • French carmaker Renault S.A. has an 80-percent stake in Renault Samsung.

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