SEOUL, Nov. 1, 2021 – Hyundai Motor Company today announced global sales results for October 2021. The company sold 307,039 units globally last month, a decrease of 20.7% from a year earlier.
The company sold 249,226 units outside of Korea, down 22.5% from a year earlier. Sales in Korea decreased 12% Y/y to 57,813 units.
The overall decrease mainly resulted from disruption in the semiconductor part supply around the globe and the impact caused by COVID-19.
Despite the challenging business environment, Hyundai will continue to manage the risk through flexible adjustment of its production plans in line with inventory status. Moreover, the company will make every effort to recover its sales by strengthening the growth of IONIQ 5 BEV and the Genesis luxury brand lineup.
■ Sales Results (Units)
|M/M Change||2021 YTD||2020 YTD||YTD Change|
* 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 CUV 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:
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