Neither domestic nor overseas markets could smile… Hyundai Motor’s global sales in October down 6.3% year-on-year

*This content was translated by AI.View Original

Hyundai Motor recorded a total of 329,773 units sold worldwide in October, comprising 49,042 units in the domestic market and 280,731 units in overseas markets, representing a 6.3% decrease compared to the same month last year. Compared to the same period last year, domestic sales fell by 8.9%, while overseas sales declined by 5.9%. Fluctuations in the global economic environment and changes in automobile demand in key markets directly impacted the overall decline in sales performance.

In the domestic market, sales totaled 49,042 units, down 8.9% from the same month last year. In the sedan segment, the Grandeur recorded the highest sales volume with 6,989 units, followed by the Avante with 5,730 units and the Sonata with 3,894 units, for a total of 17,228 units. The recreational vehicle (RV) segment totaled 15,673 units, including 3,322 Palisades, 2,605 Conas, and 2,469 Santa Fes.

In the small commercial vehicle market, sales totaled 7,689 units, including 3,967 Porters and 3,582 Starias, while medium- and large-sized buses and trucks recorded 2,510 units. The Genesis brand sold a total of 5,942 units, including 2,124 G80s, 1,814 GV80s, and 1,463 GV70s. Cumulative domestic sales from January to October reached 497,223 units, a 15.6% decrease compared to the same period last year.

Overseas market sales recorded 280,731 units, down 5.9% from the same month last year. Cumulative overseas sales from January to October totaled 2,721,363 units, a 5.1% decrease compared to the same period last year. Overseas supply volumes decreased slightly due to changes in market environments and demand across key regions. To respond to uncertain market conditions, Hyundai Motor plans to diversify its powertrain portfolio and pursue a supply strategy tailored to regional demand. The company aims to improve performance by expanding sales of major new vehicle LINEups such as the Tucson and GV80 HYBErid, and strengthening production efficiency. It also intends to refine region-specific localization strategies to recover global sales volumes.

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*This content was translated by AI.View Original