KG Mobility, formerly known as SsangYong Motor Co., said Monday its February sales fell 9.1 percent from a year earlier due to weakened demand.

KG Mobility sold 9,452 vehicles last month, compared with 10,401 units sold a year earlier, the company said in a statement.

Domestic sales fell 44.8 percent on-year to 3,748 units amid sluggish demand and reduced working days due to the Lunar New Year holiday, the company said.

The company’s exports, however, jumped 56.4 percent to 5,704 units thanks to increased shipments to Hungary, Britain, Spain and Turkey.

KG Mobility CEO Chung Yong-won said the company expects to boost sales by expanding global launches of key models, such as the Torres EVX, and also strengthening domestic market operations.

Source: Yonhap News Agency