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Hyundai Motor Reports February 2021 Global Sales Increase

2021.03.02 15:40:00 No. 16630
  • · 2021 February global sales totaled 300,248 units, up 6.7% Y/y 
  • · Sales in Korea rose 32.6% to 52,102 units
  • · Sales outside of Korea increased 2.5% to 248,146 units
  • · Will focus on various measures to recover sales momentum around the globe



SEOUL, March 2, 2021  Hyundai Motor Company today announced its 2021 February global sales of 300,248 units, a 6.7 percent increase from a year earlier. Sales momentum is gradually recovering around the globe.

Korea Sales
Sales in Korea rose 32.6 percent year-over-year to 52,102 units, led by Grandeur sedan, Elantra sedan and all-new Tucson SUV. Sales increased in part because production in February was normal compared to the same time last year when there was a production disruption amid the initial spread of COVID-19. Sales of Genesis luxury brand more than doubled to 7,321 units from 3,200 units a year earlier thanks to robust sales momentum of G80 sedan and GV70 SUV.

Overseas Sales
In markets outside of Korea, Hyundai recorded sales of 248,146 units, a 2.5 percent increase from a year earlier. Although the global economy slowed down due to the pandemic, sales in major regions, including the Americas, Asia Pacific, India and Russia, are gradually improving.

Hyundai will focus on sales recovery in global markets amid continued concerns over the global economic crisis. The company is implementing various measures to take care of its customers and to offer the world’s best products to meet their needs. 

In line with these efforts, Hyundai has successfully premiered IONIQ 5, its first dedicated battery electric vehicle (BEV). The company expects it will provide new sales momentum in 2021.

■ Sales Results (Units)
Subject
February
’21
February
’20
Y/Y Change
January
’21
M/M Change
2021 YTD
2020 YTD
YTD Change
Korea Sales
52,102
39,290
32.6%
59,501
-12.4%
111,603
86,881
28.5%
Overseas Sales
248,146
242,073
2.5%
261,867
-5.2%
510,013
509,307
0.1%
Global Sales
300,248
281,363
6.7%
321,368
-6.6%
621,616
596,188
4.3%



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

1. Sales in Korea is based on retail sales while overseas sales (global sales excluding Korea) is based on wholesales.

2. Sales results include entire sedan, SUV and CV models produced by Hyundai Motor.



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About Hyundai Motor Company

Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe.

Based on the brand vision ‘Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider.

The company invests in advanced technologies such as robotics and Urban Air Mobility (UAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. 

In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.


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

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


Disclaimer: Hyundai Motor Company believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.

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