Hyundai Motor Reports January 2022 Global Sales

2022.02.03 00:00:00 No. 16796

· January 2022 global sales totaled 282,204 units, a decrease of 12.1% Y/Y
- · Sales outside of Korea were down 9.8% to 235,999 units
- · Sales in Korea were down 22.3% to 46,205 units
- · Positive sales performance in Europe and Russia, North and South America, and the Asia Pacific regions
- · Hyundai aims to sell 4.32 million units around the globe in 2022 with demand driven by new luxury and EV models
SEOUL, February 3, 2022 – Hyundai Motor Company today announced its January 2022 global sales of 282,204 units, a 12.1 percent decrease from a year earlier.

In markets outside of Korea, Hyundai Motor sold 235,999 units, a 9.8 percent decrease from a year earlier. However, Europe, Russia and CIS regions showed strong performance. Each region was up 25.7 percent and 10.5 percent to 40,855 units and 14,353 units.

Retail sales in North and South America and Asia Pacific regions were also positive, although global supply chain issues weighed on inventory levels. The Americas’ retail sales increased 11.5 percent to 84,979 units, and Asia Pacific grew 6.7 percent to 17,522 units from a year earlier.

Hyundai Motor sales in Korea decreased 22.3 percent year over year to 46,205 units, including 10,580 units from the Genesis luxury brand.

Hyundai Motor will minimize the impact of business uncertainties, such as the global chip shortage, by optimizing production, diversifying business strategies tailored for each region, and launching new battery electric models, including Electrified GV70 and IONIQ 6 this year.

For all of 2022, Hyundai Motor aims to sell over 4.3 million units around the globe, growing 11 percent from sales in 2021.

■ Sales Results (Units)

Subject	January ’22	January ’21	Y/Y Change	December ’21	M/M Change	2022 YTD	2021 YTD	YTD Change
Korea Sales	46,205	59,501	-22.3%	66,112	-30.1%	46,205	59,501	-22.3%
Overseas Sales	235,999	261,567	-9.8%	267,865	-11.9%	235,999	261,567	-9.8%
Global Sales	282,204	321,068	-12.1%	333,977	-15.5%	282,204	321,068	-12.1%

* 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.