Hyundai Motor Sells 312,602 Units in November... Semiconductor Impact Continues

17% Decrease Compared to Same Month Last Year "Minimizing Supply Impact by Adjusting Production Schedule"

[Image source=Yonhap News]

[Asia Economy Reporter Yu Je-hoon] Hyundai Motor Company announced on the 1st that it sold a total of 312,602 units domestically in November. This figure represents a 17.1% decrease compared to the same month last year.

Domestic market sales amounted to 62,071 units, down 11.4%. In the Recreational Vehicle (RV) segment, a total of 20,106 units were sold, including the Palisade (4,503 units), Casper (3,965 units), Tucson (3,861 units), Santa Fe (2,895 units), and Ioniq 5 (2,228 units). In the sedan segment, a total of 17,551 units were sold, including the Grandeur (6,918 units), Sonata (5,179 units), and Avante (5,441 units).

The premium brand Genesis sold a total of 11,756 units, including the G80 (3,946 units), GV70 (3,379 units), GV80 (3,223 units), and GV60 (406 units).

Additionally, overseas sales decreased by 18.4% to 250,531 units. The semiconductor supply shortage, which has severely impacted the global automobile industry, is cited as the cause of this sales decline.

A Hyundai Motor official stated, "Although management uncertainty continues due to semiconductor supply disruptions and the resurgence of COVID-19, we will minimize the impact on supply by adjusting production schedules to prioritize models that can be delivered quickly." He added, "Since last September, vehicle production has been on the rise."

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