SEOUL, April 1, 2022 – Hyundai Motor Company today announced its March 2022 global sales of 313,926 units, a 17 percent decrease from a year earlier.
In markets outside of Korea, Hyundai Motor sold a total of 261,043 units, a 14.3 percent year-on-year decrease. Sales in Korea were down by 28.4 percent year-on-year to 52,883 units, including 10,831 units from the Genesis luxury brand.
Despite unfavorable external factors, including ongoing components shortages, cost fluctuations of raw materials and the COVID-19 resurgence, the global sales of March increased by 11.1 percent and 2.8 percent from January and February this year.
Hyundai Motor will endeavor to minimize the impact of business uncertainties by optimizing production and inventory status, and diversifying business strategies tailored for each region.
■ Sales Results (in Units)
|M/M Change||2022 YTD||2021 YTD||YTD Change|
* Sales results are based on wholesale.
* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.
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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.
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