Hyundai Motor Group Soars in the U.S. with Record-High First Half Sales
[Asia Economy Reporter Changhwan Lee] Hyundai Motor Company and Kia achieved record-high sales in the U.S. market for the first half of the year.
Hyundai Motor America (HMA) announced on the 1st (local time) that it sold 407,135 units in the U.S. market during the first half of this year. This represents a 49.4% increase compared to the same period last year.
Sales for the month of June reached 72,465 units, up 44.5% from the same month last year, marking the highest monthly sales for four consecutive months. As of June, sales of eco-friendly vehicles surged by 639% year-over-year, and SUV (Sport Utility Vehicle) sales also increased by 24%, with major models performing well overall.
Randy Parker, Senior Vice President of Sales at HMA, stated, "We are achieving these results thanks to the dedication of our retail sales partners," adding, "Hyundai is working closely with manufacturing and supply chain partners to meet the extraordinary demand from consumers."
Kia also recorded its highest-ever sales performance with 378,511 units sold in the first half, a 43.7% increase compared to the same period last year.
Kia America (KA) posted June sales of 68,486 units, setting the highest monthly sales record for four consecutive months.
Strong sales of key SUV models such as the Sportage, Seltos, and Telluride drove overall performance. In particular, Telluride sales increased by 79% in the first half of this year compared to the same period last year.
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Sean Yoon, President of KA, said, "Kia achieved remarkable sales results in the first half," and added, "We will continue our growth strategy to increase market share by overcoming supply chain issues and production delays affecting the entire industry."
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