The FINANCIAL -- June sales increase 15.4% year-on-year led by strong SUV sales
Fourth consecutive month of sales growth
SEOUL, July 2, 2018 – Hyundai Motor Company, South Korea's largest automaker, today announced its global sales results for June 2018, posting a total of 414,222 units sold, up 15.4 percent from a year earlier.
The consecutive growth was led by strong sales of new SUV models, the all-new Santa Fe and Kona.
Sales in overseas market totaled 354,728 units, representing an increase of 19.4 percent year-over-year, due in large part to Hyundai Motor’s latest SUV addition, Kona. A recent sales recovery in the Chinese market and strong sales in emerging markets such as Brazil and Russia also contributed to the increase.
Sales in Korea decreased by 3.8 percent compared with the same period of last year, recording 59,494 units sold. Sales was affected by reduced working days including Korea’s Local Election Day in June. The all-new Santa Fe became the best-selling model in Korea for the fourth consecutive month.
Hyundai Motor plans to continue the sales momentum by accelerating the rollout of SUV models in major markets including US, where the all-new Santa Fe is scheduled to be launched this summer.
Sales Results (Units)
Monthly sales figures provided in this press release are unaudited and on a preliminary basis.
Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.
Sales in Korea is based on retail sales while Overseas Sales (Global Sales excluding Korea) is based on wholesales.
Sales result includes entire sedan, SUV and CV models produced by Hyundai Motor.