Hyundai Motor, US Sales Increased by 19% Last Month... Continued Strong Sales Performance

[Asia Economy Reporter Changhwan Lee] Hyundai Motor America (HMA) announced on the 3rd (local time) that it sold 68,500 units in the U.S. market last month, a 19% increase compared to the same period last year.

HMA stated that the overall sales growth rate recorded double digits for five consecutive months.

Retail sales to general customers were recorded at 61,227 units, a 14% increase. Retail sales of eco-friendly vehicles increased by 399%, accounting for 12% of total retail sales.

Randy Parker, Senior Vice President of Sales at HMA, said, "Our vehicles and eco-friendly models led the sales increase in July," adding, "Consumers responded to Hyundai's diverse and strong lineup."

Kia's sales volume in July was recorded at 70,099 units, a 34% increase compared to the same month last year. This marks the highest sales record for five consecutive months.

The sales were driven by Carnival, K5, Sportage, and Telluride.

Sean Yoon, Head of Kia North America, explained, "Kia sold 34% of available inventory in July last year, but in July this year, more than 74% of inventory was sold."

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