Hyundai Motor\’s global sales in May increased 1.9% year-on-year

Hyundai Motor Co., South Korea\’s largest automaker, said on Monday that its global sales in May increased 1.9% year-on-year to 356,223 vehicles thanks to stable overseas sales.

Hyundai Motor Company, South Korea\’s largest automaker, said on Monday that its global sales in May increased 1.9% year-on-year to 356,223 vehicles thanks to stable overseas sales.
The company said that domestic sales in South Korea last month were 62,200 vehicles, a decrease of 9.4% from 68,680 vehicles in the same period last year; overseas sales were 294,023 vehicles, an increase of 4.7% from 280,957 vehicles in the same period last year.
Hyundai Motor said it will further improve its product mix by increasing the proportion of high-end models. At the same time, it will launch pure electric vehicle models as planned and launch gasoline hybrid models to offset the impact of the slowdown in electric vehicle sales.
In the first five months of this year, the company\’s sales were 1,709,463 vehicles, an increase of 0.2% from 1,706,354 vehicles in the same period last year.
Among them, domestic sales in South Korea dropped to 285,900 vehicles from 326,387 vehicles in the same period last year, a decrease of 12%; overseas sales increased from 137,996 vehicles in the same period last year to 1,423,563 vehicles, an increase of 3.2%.

Like (0)
Previous June 3, 2024 6:18 pm
Next 5 hours ago

Related posts

  • Jolywood\’s first single-quarter loss since 2022 terminates investment in 14 billion silicon-based projects

    At a time when the price drop in the main photovoltaic industry chain (silicon industry chain) has led to losses across the board, Jolywood Holdings (rights protection) (300393.SZ)\’s first-quarter operating income was cut in half, and its net profit attributable to the parent company suffered its first loss in a single quarter since 2022. The company also halted the 14 billion yuan photovoltaic silicon-based production expansion project.

    US stock news April 25, 2024
  • Nitrogen fertilizer companies stated: Standardize urea export business and do a good job in ensuring supply and stable price

    In recent days, the China Nitrogen Association’s initiative has aroused strong response from nitrogen fertilizer and urea companies, including Mingquan Group Co., Ltd., Anhui Haoyuan Chemical Group Co., Ltd., Jiangsu Huachang Chemical Co., Ltd., Hebei Dongguang Chemical Co., Ltd., Linggu Chemical Industry Group Co., Ltd., Henan Xinlianxin Chemical Industry Group Co., Ltd., Hebei Yangmei Zhengyuan Chemical Industry Group Co., Ltd. and other key nitrogen fertilizer manufacturers expressed in interviews that they must follow the Nitrogen Fertilizer Association’s initiative to standardize export business and conscientiously Do a good job in ensuring supply and stabilizing prices.

    US stock news April 25, 2024
  • Fuyao Glass (600660.SH): Net profit in the first quarter was 1.388 billion yuan, a year-on-year increase of 51.76%

    Gelonghui April 25 | Fuyao Glass (600660.SH) released its first quarter report for 2024. During the reporting period, the company achieved operating income of 8.836 billion yuan, a year-on-year increase of 25.29%; net profit attributable to shareholders of the listed company was 1.388 billion yuan Yuan, a year-on-year increase of 51.76%; net profit attributable to shareholders of listed companies after excluding non-recurring gains and losses was 1.518 billion yuan, a year-on-year increase of 72.89%; basic earnings per share was 0.53 yuan/share.

    US stock news April 25, 2024
  • Adani Group stocks rally as exit polls predict BJP win

    Adani Group stocks rallied on Monday’s early trade after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls.

    US stock news June 3, 2024
  • Exicom launches new DC charger for electric vehicles; stock jumps

    Electric vehicle charging and power solutions provider Exicom has announced the launch of ‘harmony gen 1.5 DC fast charger’ with a range of advanced features including an advanced AI-driven remote management system, high operational efficiency, and integrated lighting.

    US stock news May 14, 2024
  • Stocks that will see action today 9 May, 2024

    State-owned NBCC has bagged contracts worth ₹450 crore in Chhattisgarh and Kerala. The project management consultancy and real estate company said it has got ₹450 crore worth of contracts from the Court Receiver of the Supreme Court of India, and a ₹250-crore contract in Amrapali Vananchal City, Bhilai district, Chhattisgarh.

    US stock news May 9, 2024