Hyundai Motor Reports February 2018 Global Sales

2018.03.02 00:00:00 No. 15719

- - Hyundai Motor’s sales for February 2018 total 310,148 units, decrease of 8.1 percent YoY
Seoul, March 2, 2018 – Hyundai Motor Company, South Korea's largest automaker, today announced its global sales results for February 2018, posting a total of 310,148 units sold.
Decrease in total unit sales was mainly due to the timing difference of the Lunar New Year which fell in February this year compared to January in 2017.
Sales in overseas market totaled 259,948 units, representing a decrease of 8.6 percent year-over-year.
Sales in Korean market decreased by 5.5 percent compared to the previous year, recording 50,200 units sold.
However, strong demands continued in the company’s small- and mid-sized SUV products such as the Kona and Tucson. Hyundai Motor plans to maximize profitability by continuing SUV sales momentum with newly launched All-New Santa Fe in Korea. Launch of All–New Santa Fe in select region is on course.

* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.

1. Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.

2. Sales in Korea is based on retail sales while Overseas Sales (Global Sales excluding Korea) is based on wholesales.

3. Sales result includes entire sedan, SUV and CV models produced by Hyundai Motor.

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About Hyundai Motor

Established in 1967, Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond. The company leads the Hyundai Motor Group, an innovative business structure capable of circulating resources from molten iron to finished cars. Hyundai Motor has eight manufacturing bases and seven design and technical centers worldwide and in 2017 sold about 4.5 million vehicles globally. With more than 110,000 employees worldwide, Hyundai Motor continues to enhance its product line-up with localized models and strives to strengthen its leadership in clean technology, starting with the world’s first mass-produced fuel cell electric vehicle and IONIQ, the world’s first model with three electrified powertrains in a single body type.

More information about Hyundai Motor and its products can be found at:

http://worldwide.hyundai.comor http://globalpr.hyundai.com

Contact

JJ Ghim
Global PR Team / Hyundai Motor

phinque@hyundai.com

+82 2 3464 8504