"Strong Overseas Performance" Hyundai Motor Sells 345,000 Units in April... 3% Increase YoY

Domestic Down 4.4% YoY, Overseas Up 5.2%

[Image source=Yonhap News]

Hyundai Motor Company sold more than 340,000 vehicles domestically and internationally in April this year. While domestic demand was somewhat sluggish, increased overseas sales led to growth in sales compared to the same period last year.

Hyundai announced on the 2nd that it sold a total of 345,840 units in April this year, a 3.3% increase compared to the same month last year. By region, domestic sales amounted to 63,733 units, a 4.4% decrease during the same period. On the other hand, overseas sales rose by 5.2% to 282,107 units, boosting the overall sales volume.

Domestically, preference for recreational vehicles (RVs) remained strong. RV sales reached 20,314 units, while sedan sales were 18,007 units. The single model with the highest sales was the Grandeur, with a total of 7,085 units sold, down 29.1% compared to the same period last year. Among RVs, the Santa Fe had the highest sales at 5,847 units, although this was a 25.8% decrease compared to April last year. The Genesis brand sold a total of 11,784 units, down 3.3% from the same month last year.

A Hyundai official stated, "To flexibly respond to the uncertain business environment, we plan to strengthen production and sales systems suited to local demand and policies, and respond flexibly to market changes by region. We will enhance sales of eco-friendly vehicles by expanding the dedicated electric vehicle brand Ioniq lineup and reinforcing new hybrid models, and expand market share through product improvements focused on SUVs and high value-added models, while actively operating the business with a focus on profitability."

Hyundai Motor Company April 2024 Sales Volume (Provided by Hyundai Motor Company)

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