Hyundai Motor Company Sold a Total of 281,196 Units Last Month...22.3% Decrease Compared to the Previous Year

Global Sales Decline Due to Semiconductor Supply Disruptions

[Image source=Yonhap News]

[Asia Economy Reporter Ki-min Lee] Hyundai Motor Company announced on the 1st that it sold 281,196 units last month, including 43,857 units domestically and 237,339 units overseas, a 22.3% decrease compared to the same month last year.

This represents a 34.6% decrease in domestic sales and a 19.4% decrease in overseas sales compared to the same period last year. Hyundai explained that the main reason for the decline in global sales was the disruption in semiconductor parts supply.

Hyundai sold 13,477 sedans domestically, including 3,216 units of the Grandeur, 5,003 units of the Sonata, and 5,217 units of the Avante.

For recreational vehicles (RVs), a total of 13,212 units were sold, including 208 units of the newly launched Casper, 3,290 units of the Palisade, 2,189 units of the Santa Fe, 2,093 units of the Tucson, and 2,983 units of the Ioniq 5.

The Porter recorded sales of 4,916 units, the Staria sold 2,903 units, and medium and large buses and trucks sold 1,716 units.

The premium brand Genesis sold a total of 7,633 units, including 3,892 units of the G80, 1,805 units of the GV70, and 1,290 units of the GV80.

In overseas markets, 237,339 units were sold, a 19.4% decrease compared to the same month last year.

A Hyundai official stated, "This month as well, uncertainty in management continues due to semiconductor parts supply disruptions and the resurgence of COVID-19," adding, "We will continue active risk management efforts in each region and minimize supply delays by adjusting production schedules, prioritizing the production of models that can be shipped quickly."

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