Hyundai Motor Company Sold 354,000 Units Last Month... 14.4% Increase YoY

[Asia Economy Reporter Changhwan Lee] Hyundai Motor Company announced on the 1st that it sold 354,409 units last month, an increase of 14.4% compared to the previous year.

Compared to the same period last year, domestic sales decreased by 18.3%, while overseas sales increased by 26.5%.

Hyundai Motor sold 68,407 units in the domestic market, down 18.3% from the same period last year due to the semiconductor shortage and other factors.

In sedans, a total of 21,630 units were sold, including 9,483 units of the Grandeur, 6,127 units of the Sonata, and 5,973 units of the Avante.

In recreational vehicles (RVs), a total of 17,557 units were sold, including 4,964 units of the Palisade, 3,338 units of the Tucson, and 2,780 units of the Santa Fe.

The dedicated electric vehicle Ioniq 5 sold 3,667 units, and the hydrogen fuel cell vehicle Nexo sold 751 units, achieving a cumulative domestic sales of 15,123 units.

Since its launch in March 2018, Nexo surpassed 10,000 cumulative domestic sales in October 2020, two years and seven months later, and exceeded 15,000 units eight months after that.

The Porter recorded sales of 9,208 units, the Staria sold 4,304 units, and medium and large buses and trucks sold 2,704 units.

The premium brand Genesis sold a total of 12,905 units, including 5,357 units of the G80, 4,138 units of the GV70, and 2,070 units of the GV80.

In overseas markets, Hyundai sold 286,002 units, an increase of 26.5% compared to the same period last year.

Sales increased due to the base effect caused by COVID-19.

A Hyundai Motor official stated, “In response to the ongoing crisis such as concerns over the resurgence of COVID-19, we will continue active risk management efforts in each region,” and added, “We will do our best to ensure the successful global sales of major new vehicles.”

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