Corporate information Hyundai Motor Reports February 2022 Global Sales Results
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Hyundai Motor recorded its first year-on-year sales growth in eight months since June 2021. Robust global sales of recently launched models, including IONIQ 5 Electric Midsize CUV, STARIA MPV, and Genesis GV60 Electric CUV, and gradual improvement in supply disruptions have led to a year-on-year sales increase last month.
In markets outside of Korea, Hyundai Motor sold a total of 251,603 units, a 1.3 percent year-on-year increase. Compared to a year ago, sales in the Europe and Asia Pacific regions jumped by 28 percent and 14 percent, respectively. The Middle East and Africa region also showed solid sales performance with a 10 percent increase, year on year.
Hyundai Motor’s sales in Korea went up by 1.7 percent year-on-year to 53,010 units, including 11,016 units from the Genesis luxury brand.
Hyundai Motor will continue to implement comprehensive sales strategies to expand its global market shares and improve profitability, despite uncertainties in the external business environment.
■ Sales Results (in Units)
February ’22 | February ’21 | Y/Y Change | January ’22 | M/M Change | 2022 YTD | 2021 YTD | YTD Change | |
Korea Sales | 53,010 | 52,102 | 1.7% | 46,205 | 14.7% | 99,215 | 111,603 | -11.1% |
Overseas Sales | 251,603 | 248,412 | 1.3% | 236,451 | 6.4% | 488,054 | 509,979 | -4.3% |
Global Sales | 304,613 | 300,514 | 1.4% | 282,656 | 7.8% | 587,269 | 621,582 | -5.5% |
Editor’s note:
* Sales results are based on wholesale.
* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.
Disclaimer: Hyundai Motor Group 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.