Hyundai Motor Sells 375,924 Units in March, Up 22% Year-on-Year

[Asia Economy Reporter Yu Je-hoon] Hyundai Motor Company announced on the 1st that it sold a total of 375,924 units in domestic and overseas markets in March, an increase of 22.4% compared to the same month last year.

Hyundai Motor attributed this sales growth to "the base effect caused by factory production disruptions and poor sales performance due to COVID-19 in March last year," and stated that it "plans to strive for sales normalization."

According to Hyundai Motor, domestic market sales reached 73,810 units, up 2.3% year-on-year and 41.7% month-on-month. By model, sedans sold a total of 23,982 units. The Grandeur led sales with 9,217 units, followed by the Avante (8,454 units) and Sonata (6,233 units).

Recreational Vehicle (RV) models sold a total of 19,706 units, including 5,897 Palisades, 4,985 Tucsons, and 4,274 Santa Fes. The hydrogen electric vehicle Nexo sold 934 units, surpassing the previous monthly sales record of 795 units (April last year).

Overseas sales also increased by 28.6% year-on-year and 21.6% month-on-month to 302,114 units.

Hyundai Motor stated, "We will continue proactive risk management efforts, including preparing countermeasures for each region to overcome the crisis caused by the COVID-19 pandemic," and added, "We will do our best to successfully penetrate the global market with the Ioniq 5 and the Genesis brand."

This content was produced with the assistance of AI translation services.