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Inverstors News

Hyundai Motor Sees Record Sales in 2001

2002.01.02 No. 110
Hyundai Motor Company achieved record sales figures in 2001 with both domestic and export sales reaching best-ever levels as the company sold 1,598,965 vehicles during the year. Export totaled 892,301 - almost one per cent up on 2000`s figure of 886,485 - and domestic sales reached 706,684 - up 9.3 per cent compared to the 646,670 sold last year - as the overall figure climbed by 4.3 per cent compared to the record total in 2000 of 1,533,155. Domestic sales increased in all areas. Passenger Cars were up by 11.6 per cent from 426,275 to 475,779 and commercial vehicles showed a 3.5 per cent increase from 220,395 to 230,885 in 2001. Exports hit in last month Disruption to production during December and construction of new production facilities at Hyundai`s Korean factories affected overall shipments of export vehicles during the year, but overall export performance remained strong and demand for Hyundai`s new, larger vehicles increased. In particular, the Santa Fe SUV, the Trajet MPV, Matrix and the new Sonata all saw strong performances within the export figures. Demand for Sonata was also high in the domestic market along with the new Elantra and the all-new Hyundai Coupe, which is just commencing exports.
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