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%.
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.
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