Hyundai Motor May Sales Up 5% Overseas... Domestic Sales Decline

Hyundai Motor Company's global sales in May increased by 1.9% compared to the same month last year. Domestic sales decreased by 9.4%, while overseas sales increased by 4.7% compared to the same period last year.

On the 3rd, Hyundai Motor announced that it sold a total of 356,223 units worldwide in May 2024, an increase of 1.9% compared to the same month last year, with 62,200 units sold domestically and 294,023 units sold overseas.

In the domestic market, 62,200 units were sold, down 9.4% from the same month last year. Sedans sold included 6,884 units of Grandeur, 5,820 units of Sonata, and 5,793 units of Avante, totaling 18,874 units.

Recreational Vehicles (RVs) sales included 1,335 units of Palisade, 5,605 units of Santa Fe, 4,838 units of Tucson, 2,773 units of Kona, and 3,861 units of Casper, totaling 20,921 units. Porter recorded 6,989 units sold, Staria 2,744 units, and medium-to-large buses and trucks totaled 2,512 units sold.

The premium brand Genesis sold a total of 10,136 units, including 3,647 units of G80, 3,313 units of GV80, and 2,066 units of GV70.

Hyundai Grandeur

Meanwhile, Hyundai's overseas sales in May this year reached 294,023 units, an increase of 4.7% compared to the same month last year.

A Hyundai Motor official stated, "To flexibly respond to uncertain business environments, we plan to strengthen production and sales systems tailored to local demand and policies and respond flexibly to market changes by region."

He added, "We will actively promote sales of eco-friendly vehicles by expanding the lineup of the dedicated electric vehicle brand Ioniq and reinforcing new hybrid models, expand market share through mix improvement centered on SUVs and high value-added models, and operate the business with a focus on profitability."

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