GM Korea sales rise 1.1% on-year in Oct.

GM Korea Co., the local unit of US automaker General Motors Co., said Tuesday its sales grew from a year earlier in October, as a surge in domestic sales more than offset a drop in exports.

The carmaker's overall vehicle sales came to 55,269 last month, up 1.1 percent from the same month last year.

Domestic sales spiked 14 percent on-year to 16,736 cars, the highest sales figure for October in the company's history.

Outbound shipments slipped 3.7 percent on-year to 38,533 vehicles.

In the first 10 months of the year, the company sold 489,842 cars globally, down 3.9 percent from the same period last year, it said in a press release.

Domestic sales spiked 12.5 percent on-year to 144,726 vehicles, while exports plunged 9.4 percent to 345,116 vehicles. (Yonhap)