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Hyundai Motor Reports April 2022 Global Sales

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Corporate information 202205021530
Hyundai Motor Reports April 2022 Global Sales

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  • April 2022 global sales totaled 308,788 units, an 11.6% decrease y/y
  • Hyundai sold 249,373 units outside of Korea and 59,415 units in Korea
  • Hyundai is making every effort to minimize the impact of business uncertainties around the world

SEOUL, May 2, 2022 – Hyundai Motor Company today announced its April 2022 global sales of 308,788 units, an 11.6 percent decrease from a year earlier.

 

In markets outside of Korea, Hyundai Motor sold a total of 249,373 units, a 10.6 percent year-on-year decrease. Despite the geopolitical issues and lockdown of several cities in China due to the ongoing pandemic, the sales of some markets, including Europe, South America and the APAC region, improved.

 

Sales in Korea were down by 15.4 percent year-on-year to 59,415 units, including 11,290 units from the Genesis luxury brand.

 

Amid unfavorable external environments, including ongoing components shortages and cost fluctuations of raw materials, the solid sales of SUVs and Genesis models helped minimize the impact on the company’s business.

 

Hyundai Motor will endeavor to alleviate the business uncertainties by optimizing production and inventory status and diversifying business strategies tailored for each region.


 

■ Sales Results (in Units)

   
April
’22
April
’21
Y/Y Change
March
’22
M/M Change2022 YTD2021 YTDYTD Change
Korea Sales59,41570,219-15.4%52,88312.4%211,513255,632-17.3%
Overseas Sales249,373278,965-10.6%262,075-4.8%1,000,2201,093,380-8.5%
Global Sales308,788349,184-11.6%314,958-2.0%1,211,7331,349,012-10.2%


Editor’s note:

* 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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