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Corporate Information Hyundai Motor Reports January 2020 Global Sales
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SEOUL, February 3, 2020 – Hyundai Motor Company today announced January global sales of 304,076 units, a 3.6 percent drop from a year earlier.
Korea Sales
Sales at Hyundai’s home market declined 21 percent year-over-year (y/y) to 47,591 units from 60,440 units as the Lunar New Year holiday fell in January this year (compared to February in 2019), cutting work days at domestic plants.
Hybrid models drew keen interest from customers in Korea with sales of Sonata hybrid increasing more than four-fold from the same month last year, while sales of GRANDEUR (sold as AZERA in some markets) hybrid model jumped more than 40 percent.
Pre-orders for GV80, the Genesis luxury brand’s first SUV that made its world premier during the month, hit nearly 20,000 units within 10 working days since its launch, bolstering outlook for brisk sales for the rest of the year.
Overseas Sales
For markets other than Korea, sales climbed slightly to 256,485 units compared with 254,954 units in 2019, as solid demand in North America, Latin America, Asia and the Middle East regions helped support shipment amid shrinking auto industry demand worldwide.
Sales Results (Units)
Jan-20 | Jan-19 | Y/Y Change | Dec-19 | M/M Change | 2020 YTD | 2019 YTD | YTD Change | |
Korea Sales | 47,591 | 60,440 | -21.3% | 66,335 | -28.3% | 47,591 | 60,440 | -21.3% |
Overseas Sales | 256,485 | 254,954 | 0.6% | 333,118 | -23.0% | 256,485 | 254,954 | 0.6% |
Global Sales | 304,076 | 315,394 | -3.6% | 399,453 | -23.9% | 304,076 | 315,394 | -3.6% |
* 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 result includes entire sedan, SUV and CV models produced by Hyundai Motor.
